📡 Don't believe the 20-year-old entrepreneur story. It's a lie!
Welcome to this week’s Pulse!
To make up for last week’s 🤧-affected Pulse (thanks for your get well messages btw), this week’s issue is jam-packed with stories. A short one is that I launched Pulse on ProductHunt… It went… I don’t know. You tell me!
Another short story is that something’s different around here. Let’s see if you can spot it 😁 → [ hint: 🦅 ]
- Ben from [ perspective ix ]
📰 News
Next series of Spider-Man movies can have a flying Spider-Man, and it won’t be a lie! Apparently, spiders can fly hundreds of miles using electricity [the Atlantic]!
Erica Morley and Daniel Robert have an explanation. The duo, who work at the University of Bristol, has shown that spiders can sense the Earth’s electric field, and use it to launch themselves into the air.
Trump must unblock his Twitter critics, a NY-based appeals court decided this week [TechCrunch]. This can have far-reaching implications for US political figures that use social media.
YouTube’s back on the Fire TV, and Prime Video launches on Chromecast [Verge]. At last, one of the stranger passive-aggressive fights in the smart home has come to a close after a years-long turf war between the two platforms.
Apple disabled Walkie Talkie app due to a vulnerability that could allow iPhone eavesdropping [TechCrunch]. This was one of this week’s pretty big screw-ups by giant tech companies.
Amazon warehouse workers in Minnesota are planning to strike during Prime Day on July 15, one of the company’s most significant sales events [Bloomberg]. This is the other big screw-up of the week by Amazon! Apparently, engineers plan to show solidarity with colleagues as well.
The US government will levy a staggering $5 billion fine against Facebook for violating its users’ privacy, stemming from the Cambridge Analytica scandal [Recode] - and Facebook investors are celebrating because it won’t change Facebook’s business - at all! See ↓
the fact that fb shares surged instead of sank on the FTC news is the story
https://t.co/SztA1iAyOg https://t.co/qDrzaR8J4Q
🧠 Insights
Hustle is real, but the entrepreneurship... - Credit: Lost Co on Unsplash
The 20-year-old entrepreneur is a lie
Good ideas come at any age, but it takes experience to turn them into success stories. Steve Jobs was 21 when he helped found Apple, but he was a 43-year-old CEO when the company created the iMac.
According to a working paper from MIT Sloan professor Pierre Azoulay and PhD student Daniel Kim, the average age of entrepreneurs who’ve started companies and gone on to hire at least one employee is 42 years old.
Founder age distribution - Credit: "Age and High-Growth Entrepreneurship"/MIT
Between 2007-14, less than 1 percent of high-performance startup firms were founded by 20-year-olds.
Read more on MIT Sloan.
📊 Statistics
Why consumers trust brands - Credit: MarketingCharts
Brand Trust Is Becoming More Important
According to the latest research by Edelman on brand trust, which surveyed 16,000 consumers across 8 global markets (🇧🇷🇨🇳🇫🇷🇩🇪🇮🇳🇯🇵🇬🇧🇺🇸), one-third (33%) of American consumers say trusting a brand is important because they are struggling financially and cannot afford to waste any money on a bad purchase.
The research shows that people trust businesses more than they trust their governments!
Read more on Marketing charts - and Download Edelman’s Report [PDF].
Microsoft Teams vs Slack - Credit: Microsoft
Microsoft might be doing to Slack what Facebook did to Snapchat
Techie’s favourite communications tool, Slack, is losing ground to its biggest rival, Microsoft Teams, which has copied its way into popularity. In other words, Slack has the same problem as Snapchat, which has suffered from its bigger rival Facebook’s relentless appropriation.
Currently, over 13 million people use Microsoft’s Teams app for chat, meetings and document collaboration every day, compared to Slack’s 10+ million daily users in the three months that ended on January 31.
Microsoft, at one point, had even considered buying Slack. Instead, nearly four years after Slack’s debut, Microsoft launched Teams, which has since adopted many of its competitor’s functions, including the basic premise of creating an online office space for coworkers to collaborate and communicate.
❗️ Apparently, Microsoft Teams isn’t better than Slack, but it is freer and was tolerable as a Slack alternative!
And a little extra news for Microsoft fans: Microsoft opened it new London store and it’s BIG, BOLD, and BRITISH [Verge]!
StackOverflow’s 2019 Developer Survey Results
This year, nearly 90,000 developers took the survey. Here are some key results:
For the 7th year in a row, JavaScript is the most commonly used programming language, but Python has risen in the ranks again.
Over half of respondents had written their first line of code by the time they were 16, although this experience varies by country & by gender.
Respondents were asked to think about the last time they solved coding problems with & without StackOverflow. The data indicate that Stack Overflow saves a developer 30 to 90 minutes of time per week!
About 65% of professional developers on Stack Overflow contribute to OpenSource projects once a year or more.
Reddit & YouTube were the most common answers to what social media site they use the most.
Read more here.
The death of linear. TV viewing has halved since 2010 for Uk <24s https://t.co/8aJ5nkVkPZ
📱 Tools & Apps
Lucky Retweet: Paste a tweet and choose a number of lucky winners.
Lunacy 4.0: Free graphic design software with built-in design resources [Windows].
🎧 Audio Stimulation
Product Hunt Radio - The future of fintech with Chris Hutchins & Jake Gibson
Ryan Hoover, the founder of ProductHunt, recently visited Grove HQ in SOMA in San Francisco to chat with two founders who know a ton about fintech.
Chris Hutchins was the gracious host and is CEO of Grove, a startup that uses people and technology to help you with your financial goals. Ryan actually met Chris in the early days of Product Hunt when he was an investor at Google Ventures.
Jake Gibson is the co-founder of NerdWallet. The company started back in 2009 and helps consumers make smart financial decisions like “which credit card should I get?” or “what’s the best savings account for me?” He left in 2014 and has since focused his time angel investing, primarily in fintech startups.
🐦 Tweets of the Week
A rollercoaster of events worth going through. It’s a thread. Click ↓
The AirPod fell out of my ear several feet away from the edge of the subway platform, but I’ve never seen anything more inevitable. RIP little buddy. Thanks for all the podcasts.
And this seems like a fair request, isn’t it? ↓
Hey @Twitter, don't you think it's time to be able to post a poll and an image together in a tweet?! It's 2019 ffs!
🎮 Fun Stuff
Your first day of work after lying on your resume 😂😂😂😂😂 https://t.co/y7pmE83FpZ
Any Stranger Things fan getting this Pulse?
Relatable, isn’t it? 😂
This is not goodbye...
This is a big thanks for reaching the end of this Pulse! See you next week 👋