Today’s tech startups are evolving to be smaller, more specific, personally funded, yet highly profitable. Companies such as Headlime, ConvertKit, Fathom, and Transistor are hyperspecific in scope and small in scale; all of them regularly hit six to seven figure revenues every year with only a handful of people. Their specificity makes it easier for them to finetune their products ー making them very good at what they do ー and to carve out a niche for themselves.
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Societal Issues
To curb drug deaths, communities turn to Reddit, texts and wastewater
With drug overdose deaths on the rise, authorities are attempting to curb the epidemic by tracking and sharing information in real time. In one unique effort, a nonprofit in New York City is using drug-testing equipment and stamping or marking habits of dealers to identify drug batches that may endanger users. Other approaches are also being used, such as monitoring drug-related chatter on Reddit and analyzing local wastewater for opioid and other drug levels. With the combination of these efforts, researchers hope to put a dent in the opioid crisis and reduce overdose deaths. Read full article here
Merv
June 1, 2023
