Sweaty Rings, Hut Glut, & Europe Powder ⛺

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Sweaty Palm? Put A Ring On It

Do your palms or forehead get sweaty when you’re public speaking, going on a first date, or interviewing for an important job? That’s called an emotional sweat response and there’s a ring that can tell you how happy or sad you are by analysing your sweat. 

It’s called the Happy Ring. 

Created by tech startup Happy Health, co-founded by Sean Rad (the founder of dating app Tinder), the Happy Ring helps people understand their mental status using biometric sensors and artificial intelligence.

How does it do this? 

The secret sauce is EDA. 

  • The Ring features a custom electrodermal activity (EDA) sensor that looks for sweat gland openings or sweat production on the skin. 
  • The sensor is specifically designed to pick up tiny changes in emotional or stress levels through the micro sweats on the skin.
  • EDA sensor then feeds these changes into an algorithm that identifies your emotional state.
  • The ring then continually adjusts the AI model to an individual’s data, as opposed to comparing that person’s data to a predetermined user set.

Essentially, the device works by detecting when your sympathetic nervous system — the thing that regulates your fight or flight response — starts raring up.

Not just this, the ring also comes with four skin electrodes, two temperature sensors and a three-axis accelerometer that can also monitor your heart rate and sleep. There’s also an accompanying app that presents all the data and  provides guided breathing exercises and cognitive behavioral therapy (CBT). The device is HIPAA compliant.

There is currently no release date, but anyone interested can join the waitlist.



More Powder to Europe

Startup founders in Central and Eastern Europe will soon have more dry powder to chase. Fund houses are quite inclined to investing in startups birthing out of these regions. 

Case in Point:

Reasons:

  • According to Demium, countries like Poland or the Czech Republic are relatively large countries with talented and qualified populations. 
  • The region is at the beginning of building disruptive technologies and innovations with companies such as HigoSense, SatRevolution, Humans, and Ecotree Romania. 

According to this latest European Pulse Check report, the top venture capital receiver per capita in the first half of 2022 was Estonia, by a vast margin.

That Estonia is punching above its weight is no surprise given the global brands - such as Skype, Wise, and Bolt - that have come out of the country.


Can You Make A Million As A Solopreneur
Yes you can. If you build once and sell 10,000x. You’ll never reach 7 figures providing a service.No one is going to pay you a million dollars for your services. Rather, create something you can sell an unlimited number of times.
 

The Magic Number That Makes You Switch

What’s the minimum salary you’d require to accept a new job offer?

For Americans, the magic number is $73,000 a year, according to a recent survey from the Federal Reserve Bank of New York.

This number is up 6% from the same period a year ago, which is keeping in line with the general upward trajectory of almost every livelihood factor in the past few months. 

Reasons for the high expectations

They’re definitely not greedy demands. For one, inflation is driving up the cost of living: Last month, consumer prices were up 8.5% from the same period a year ago.

Meanwhile, the labor market in the U.S. remains tight, with 528,000 new jobs added in July. Ideally, this should mean that workers have a higher bargaining power in the market.

But the Fed survey data also suggests that plenty of workers are on the hunt for new gigs: nearly 25% of respondents said they’d been searching for a new job in the last four weeks, the highest since March 2014. So technically, workers don’t have all that power in the market after all. 

However, despite this uptick, workers aren’t open to compromising on salary.


In Charts: The Construction Glut

Construction of new homes has slowed as builders grow more worried about a drop in demand because of higher mortgage rates. Housing starts, or the start of construction on a new residential housing unit, fell to 1.45 million in July, according to Census Bureau data. That was a 9.6% decline from the month before. 

Building new houses takes a while. even if the demand for homes starts increasing now, the supply of homes may not be able to catch up as quickly. And so fewer homes will inevitably raise the prices even further.

Builder confidence also fell in August for the eighth straight month as builders struggled to deal with lower demand for homes and higher construction costs because of ongoing supply-chain issues, according to a survey from the National Association of Home Builders.



Shorts ⏳
Apple Supremacy - iPhones now claim 50% of the US smartphone market. Although Android is still the global ruler with 70% market share. 

Yelling "Poop" at Alexa - Artists who record songs about 'poop' are making most of their money from Amazon Music.

Billion Dollar Rings - At a whopping $715 million, Lord of the Rings: The Rings of Power has the biggest budget for any show on Amazon Studios ever. And that's just for Season 1. 

The Adderall Shortage - Telehealth has made America's ADHD crisis worse

Man and Woman - Global population is set to reach parity between the sexes by 2050. Though it’s currently still a man’s world.

Arcane - This Netflix show is the first streaming series and gaming show ever to win an Emmy for animation

Doggy Parton - That's the name of the new dog apparel line started by Dolly Parton. 


Stash Recommends: Tools to Explore
🚚 DelivrdA cloud-based inventory collaboration platform that can handle and track stock item movements and order fulfillment.

🛖 Post For RentA a tool for influencer marketing, offering useful resources for both influencers and brands.

🔗 Wired RelationsA cloud service that provides security and compliance with GDPR.

🧚‍♂️ Pasadena Angels: One of South California's first angel investing groups with more than $95 million invested in 240 companies.


 
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