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                               <td colspan="2" style="color: #000000; font-family: 'Courier New',courier,monospace; font-size: 18px; letter-spacing: -1px; line-height: 120%; padding: 20px 0;">
                                A year out from their IPO, Stitch Fix’s business model seems tailor made for success.
                               </td>
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                                <a style="color: #000000; font-family: 'Courier New',courier,monospace; font-size: 24px; font-weight: bold; line-height: 100%; text-decoration: none;">
                                 The Hustle
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                                Mon, Jun 11
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                                Brought to you by
                                <a style="color: #ed4d1f; text-decoration: none;">
                                 Better Mortgage
                                </a>
                                … calculate your monthly mortgage payment in 3 minutes flat.
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                            <h2 style="font-size: 26px; font-weight: bold; line-height: 120%; margin-bottom: 16px; margin-top: 36px;">
                             <strong>
                              A year after its IPO, Stitch Fix keeps pulling revenue out of the box
                             </strong>
                            </h2>
                            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                             Stitch Fix’s stock jumped
                             <a style="color: #ed4d1f; text-decoration: none;">
                              14%
                             </a>
                             after it beat expectations and announced a new line for kids, and it’s shaping up to be one of the few subscription boxes that can stand on its own.
                            </p>
                            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                             When the subscription clothing company went public a year ago, critics
                             <a style="color: #ed4d1f; text-decoration: none;">
                              doubted
                             </a>
                             the company’s prospects. But, so far, the company has proved the haters wrong -- a win for AI-driven style curation, female tech founders, and your closet.
                            </p>
                            <h4 style="font-size: 18px; font-weight: bold; margin-bottom: 8px; margin-top: 16px;">
                             <strong>
                              The ’Fix knows it looks great
                             </strong>
                            </h4>
                            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                             After raising
                             <a style="color: #ed4d1f; text-decoration: none;">
                              $120m
                             </a>
                             in its IPO last year, Stitch Fix tried on a few different tactics in its first public quarters -- but it finally found one that looks goooood…
                            </p>
                            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                             The company increased its revenue
                             <a style="color: #ed4d1f; text-decoration: none;">
                              29%
                             </a>
                             and grew its customer base 30% in the past year -- beating Wall Street’s quarterly estimate by more than $10m.
                            </p>
                            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                             So how did Stitch Fix founder and CEO Katrina Lake and her 50% female executive
                             <a style="color: #ed4d1f; text-decoration: none;">
                              team
                             </a>
                             pull such a big win out of the box?
                            </p>
                            <h4 style="font-size: 18px; font-weight: bold; margin-bottom: 8px; margin-top: 16px;">
                             <strong>
                              The company Stitched together multiple threads for a perfect fit
                             </strong>
                            </h4>
                            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                             Stitch Fix uses AI for efficiency and a human touch for personalization -- giving it a competitive advantage over physical stores and e-commerce giants alike.
                            </p>
                            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                             After its IPO, Stitch Fix doubled down on its hybrid advantage by hiring an experienced,
                             <a style="color: #ed4d1f; text-decoration: none;">
                              hotshot CMO
                             </a>
                             and continuing to respond to consumers with lines like Plus Sizes and Kids.
                            </p>
                            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                             Stitch Fix’s combination of AI and human stylists garnered widespread
                             <a style="color: #ed4d1f; text-decoration: none;">
                              praise
                             </a>
                             -- and the sincerest form of flattery (imitation) from some dangerous competitors.
                            </p>
                            <h4 style="font-size: 18px; font-weight: bold; margin-bottom: 8px; margin-top: 16px;">
                             <strong>
                              The subscription box that’s beating the odds
                             </strong>
                            </h4>
                            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                             Other boxes copied Stitch Fix’s model, but none could unbox consistent revenue. Competitor Trunk Club sold out to Nordstrom for just
                             <a style="color: #ed4d1f; text-decoration: none;">
                              $350m
                             </a>
                             -- Stitch Fix, in contrast, did
                             <a style="color: #ed4d1f; text-decoration: none;">
                              $1B
                             </a>
                             in sales in 2017.
                            </p>
                            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                             But the bigger key to Stitch Fix’s success is its immunity to the e-commerce angel of death, Amazon.
                            </p>
                            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                             The newly created
                             <a style="color: #ed4d1f; text-decoration: none;">
                              Amazon Wardrobe
                             </a>
                             mimics many of Stitch Fix’s features, but Lake is not concerned about the e-commerce giant, telling
                             <a style="color: #ed4d1f; text-decoration: none;">
                              Bloomberg
                             </a>
                             “we’re not in a place where we’re competing with Amazon.”
                            </p>
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                            Hey, if it ain’t broke, Stitch Fix it
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                            <h2 style="font-size: 26px; font-weight: bold; line-height: 120%; margin-bottom: 16px; margin-top: 36px;">
                             <strong>
                              Holy petaflops: IBM’s new supercomputer is set to take top spot as world’s fastest
                             </strong>
                            </h2>
                            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                             The world’s fastest computer is ranked twice annually by computer scientists in the US and Germany and, for the last 5 years, China has owned the title.
                            </p>
                            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                             China’s Sunway TaihuLight has taken the top honors for the last 2 years, but, as of last Friday, a US-made supercomputer by IBM is expected to top the rankings for the first time since
                             <a style="color: #ed4d1f; text-decoration: none;">
                              2012
                             </a>
                             .
                            </p>
                            <h4 style="font-size: 18px; font-weight: bold; margin-bottom: 8px; margin-top: 16px;">
                             <strong>
                              Its name is Summit, and it’s
                             </strong>
                             <em>
                              <strong>
                               really
                              </strong>
                             </em>
                             <strong>
                              friggin’ fast
                             </strong>
                            </h4>
                            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                             According to IBM, we’re talking
                             <em>
                              200 petaflops
                             </em>
                             fast (that’s a processing rate of 200 quadrillion calculations per second), or as the
                             <a style="color: #ed4d1f; text-decoration: none;">
                              <em>
                               Wall Street Journal
                              </em>
                             </a>
                             puts it, “
                             <em>
                              200,000 trillion.”
                             </em>
                            </p>
                            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                             It’s
                             <a style="color: #ed4d1f; text-decoration: none;">
                              reportedly
                             </a>
                             so fast that it would take 6.3B people to make a calculation at the same time, every second, for an entire year to match what this $200m supermachine can do in a single second.
                            </p>
                            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                             These massive refrigerators occupy space of two tennis courts, and chug
                             <a style="color: #ed4d1f; text-decoration: none;">
                              4k gallons
                             </a>
                             of water a minute to cool 37k processors.
                            </p>
                            <h4 style="font-size: 18px; font-weight: bold; margin-bottom: 8px; margin-top: 16px;">
                             <strong>
                              Putting the
                             </strong>
                             <em>
                              <strong>
                               super
                              </strong>
                             </em>
                             <strong>
                              back in supercomputer
                             </strong>
                            </h4>
                            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                             While cloud computing is stealing a lot of thunder these days, experts believe high-performance computing is still a necessity for things like national security, science, and economic competitiveness (Summit in particular is the
                             <a style="color: #ed4d1f; text-decoration: none;">
                              first
                             </a>
                             of its kind to handle machine learning, neural networks, and other AI applications).
                            </p>
                            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                             All important stuff -- but, for now, Summit’s at the bar celebrating at twice the peak speed of the Sunway TaihuLight.
                            </p>
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                                     Shot skis are parallel processing for bars
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                            <h2 style="font-size: 26px; font-weight: bold; line-height: 120%; margin-bottom: 16px; margin-top: 36px;">
                             <strong>
                              Thanks to reliable sales of fake dog turds, things are really heating up at Five Below
                             </strong>
                            </h2>
                            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                             Shares of Five Below, the discount store that sells
                             <a style="color: #ed4d1f; text-decoration: none;">
                              cyclops snot
                             </a>
                             and
                             <a style="color: #ed4d1f; text-decoration: none;">
                              fairy toots
                             </a>
                             to America’s future leaders for under $5, shot up
                             <a style="color: #ed4d1f; text-decoration: none;">
                              21.9%
                             </a>
                             last week -- the company’s biggest day in 5 years.
                            </p>
                            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                             With profits across its 650 locations
                             <a style="color: #ed4d1f; text-decoration: none;">
                              129%
                             </a>
                             higher than this time last year, the company plans to open 125 new stores.
                            </p>
                            <h4 style="font-size: 18px; font-weight: bold; margin-bottom: 8px; margin-top: 16px;">
                             <strong>
                              A billion-dollar brick and mortar empire built on whoopie cushions
                             </strong>
                            </h4>
                            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                             Toys ‘R’ Us’ undignified demise made apocalyptic
                             <a style="color: #ed4d1f; text-decoration: none;">
                              predictions
                             </a>
                             about the death of retail seem inevitable -- but Five Below’s success shows brick and mortar is alive and well in the age of e-commerce.
                            </p>
                            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                             Five Below items are
                             <a style="color: #ed4d1f; text-decoration: none;">
                              50%
                             </a>
                             less expensive than similar products on Amazon. How do they do it? By doubling down on the stupid sh*t kids like and selling them like gangbusters.
                            </p>
                            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                             “Slime, smiley, squishy, spa, and mermaid trends continue to be popular,” CEO Joel Anderson explained on an
                             <a style="color: #ed4d1f; text-decoration: none;">
                              earnings call
                             </a>
                             .
                            </p>
                            <h4 style="font-size: 18px; font-weight: bold; margin-bottom: 8px; margin-top: 16px;">
                             <strong>
                              Zombie drool sells in any economy
                             </strong>
                            </h4>
                            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                             At
                             <a style="color: #ed4d1f; text-decoration: none;">
                              $1.50
                             </a>
                             , how can you say no to zombie drool slime? The price point ensures that Five Below sells more fad products than e-commerce rivals (think fidget spinners -- lucrative but short-lived).
                            </p>
                            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                             The cooler FB sailed through the recession largely unscathed thanks to its prices -- yet now that the economy is looking good, revenue is on track for
                             <a style="color: #ed4d1f; text-decoration: none;">
                              $1.5B
                             </a>
                             .
                            </p>
                           </td>
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                                    <a style="color: #000000; font-size: 12px; font-weight: bold; line-height: 21px; text-decoration: none;">
                                     This unicorn runs on fart bombs
                                    </a>
                                   </td>
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                            <h2 style="font-size: 26px; font-weight: bold; line-height: 120%; margin-bottom: 16px; margin-top: 36px;">
                             <strong>
                              Uber wants to patent a system that knows if you’re wasted or not
                             </strong>
                            </h2>
                            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                             What do you do when you’ve had a few too many Bud heavies at happy hour? You ring your friendly neighborhood Uber, of course.
                            </p>
                            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                             But that means, as a sober person, if you roll the dice on the Pool, it can be downright awful: belligerent yelling, an unwanted hand on the leg, maybe even a dry heave or 2.
                            </p>
                            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                             Not to worry though, according to a
                             <a style="color: #ed4d1f; text-decoration: none;">
                              patent application
                             </a>
                             seen by
                             <em>
                              CNN
                             </em>
                             . Uber is working on a plan to detect a user’s drunken behavior before they get into the back seat.
                            </p>
                            <h4 style="font-size: 18px; font-weight: bold; margin-bottom: 8px; margin-top: 16px;">
                             <strong>
                              It’s called, UberAA
                             </strong>
                            </h4>
                            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                             <em>
                              Kidding.
                             </em>
                            </p>
                            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                             The system, described by members of Uber’s Trust &amp; Safety team in 2016,
                             <a style="color: #ed4d1f; text-decoration: none;">
                              tracks
                             </a>
                             how someone normally uses Uber’s app through AI -- if they commit typos, their walking speed, and the rate at which they drop their phone.
                            </p>
                            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                             Essentially it’s a keystroke system that notifies drivers if you’ve been drinking, but also your every move during the walk of shame.
                            </p>
                            <h4 style="font-size: 18px; font-weight: bold; margin-bottom: 8px; margin-top: 16px;">
                             <strong>
                              Sounds like a great idea… on paper
                             </strong>
                            </h4>
                            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                             But, of course, notifying a driver beforehand could set a few liabilities in motion: Like, as
                             <a style="color: #ed4d1f; text-decoration: none;">
                              <em>
                               The Verge
                              </em>
                             </a>
                             hypothesizes
                             <em>
                              ,
                             </em>
                             motivating a driver to decline picking up Sloshy McSlosherson, which, to the wasted, could be code for, “You’re too drunk, drive home instead.”
                            </p>
                            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                             Of course, this product is in its early stages -- or should we call it the pre-game?
                            </p>
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                                    <a style="color: #000000; font-size: 12px; font-weight: bold; line-height: 21px; text-decoration: none;">
                                     I swear to drunk I’m not Uber
                                    </a>
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                                monday morning review
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                            <h2 style="font-size: 26px; font-weight: bold; line-height: 120%; margin-bottom: 16px; margin-top: 36px;">
                             <strong>
                              Feedback makes the heart grow fonder
                             </strong>
                            </h2>
                            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                             We always have our ears to the ground, listening for ways we can make our email better than ever. Here’s some recent feedback we’ve fielded from the peanut gallery.
                            </p>
                            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                             <strong>
                              “I love your copy editor. If it’s a guy, is he single? The word play is epic.” -- Grace G.
                             </strong>
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                            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                             <em>
                              Shoutout to our copyeditor Jim! He’s a guy, he’s not single, and he doesn’t write the words per se, but he catches our typos and we don’t tell him we appreciate him enough. You’re the man, Jim.
                             </em>
                            </p>
                            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                             <strong>
                              “I wish you would break difficult topics down a little more and what  it means to me.” -- Pat B.
                             </strong>
                            </p>
                            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                             <em>
                              We exist to make business and tech news easy to digest and accessible -- if you don’t know why a story matters, we’re not doing our job. We’ll keep striving to break down the news in a relevant way, you keep keeping us honest.
                             </em>
                            </p>
                            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                             <strong>
                              “Lmao i wasn’t expecting to have to type out an actual answer here. idk man i cant think of anything off the top of my head.” -- Leo S.
                             </strong>
                            </p>
                            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                             <em>
                              Lmao it’s all good man.
                             </em>
                            </p>
                            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                             But for Leo and the rest of you, if something
                             <em>
                              does
                             </em>
                             pop into your head, you can reply directly to this email, or shoot us a note at
                             <a style="color: #ed4d1f; text-decoration: none;">
                              news@thehustle.co
                             </a>
                             . We’re all ears.
                            </p>
                            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                             -- The Hustle Editorial team
                            </p>
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                            This edition of The Hustle was brought to you by
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                            <h2 style="font-size: 26px; font-weight: bold; line-height: 120%; margin-bottom: 16px; margin-top: 36px;">
                             <strong>
                              “I don’t know if I can afford a home… and at this point, I’m too afraid to ask”
                             </strong>
                            </h2>
                            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                             Said every Millennial (and hell, Boomer) ever.
                            </p>
                            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                             Understanding home ownership often feels like it requires a Ph.D. What you need is someone that cuts it straight, gives you the facts about different mortgages -- oh, and lets you know
                             <em>
                              exactly
                             </em>
                             how much it will cost you.
                            </p>
                            <h4 style="font-size: 18px; font-weight: bold; margin-bottom: 8px; margin-top: 16px;">
                             <strong>
                              All you need to know about
                             </strong>
                             <a style="color: #ed4d1f; text-decoration: none;">
                              <strong>
                               Better Mortgage
                              </strong>
                             </a>
                             <strong>
                              is in the name
                             </strong>
                            </h4>
                            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                             It’s just better. Better Mortgage gives you the tools and resources to understand the whole home ownership jazz.
                            </p>
                            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                             With Better Mortgage’s pre-approval tool and
                             <a style="color: #ed4d1f; text-decoration: none;">
                              mortgage calculator
                             </a>
                             , you just plop in a few details like your income and zip code, then WHAM -- see mortgage options and monthly payment projections instantly.
                            </p>
                            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                             Their site is also packed with informative
                             <a style="color: #ed4d1f; text-decoration: none;">
                              articles and videos
                             </a>
                             featuring humans that -- get this -- talk to you like you’re a human.
                            </p>
                            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                             Plus, Better Mortgage consultants don’t get paid a commission, so they have your best interests in mind when they’re helping you, not their paychecks
                             <em>
                              .
                             </em>
                            </p>
                            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                             It’s how Better does mortgages -- and, as the name says, it’s just better. Visit
                             <a style="color: #ed4d1f; text-decoration: none;">
                              Better Mortgage
                             </a>
                             to play around with their mortgage calculator. We did and can’t stop.
                            </p>
                            <p style="font-family: arial, sans-serif; font-size: 15px; line-height: 120%; margin: 0; padding-bottom: 12px;">
                             <em>
                              NMLS #330511. Better Mortgage Corporation. Not available in all states. See
                             </em>
                             <a style="color: #ed4d1f; text-decoration: none;">
                              <em>
                               better.com/terms
                              </em>
                             </a>
                             <em>
                              . Fair Housing Lender.
                             </em>
                            </p>
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                               . Angst is the umami of music -- let it tickle your ear palate. We promise, you don’t know this one.
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                                   <br/>
                                   Zack Crockett
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                                    NEWS WRITER
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