PLUS: Where Metaâs execs WFH, on a map. March 25, 2022
[The Hustle] In the wildest music news this side of Wall Street, Goldman Sachs CEO David Solomon will be performing at Lollapalooza as DJ D-Sol. Whether that news makes you want to laugh or cry, we couldnât agree more. ð£ P.S. To celebrate the launch of HubSpot Creators, weâre giving away an iPhone, Airpod Pros, and more goodies. [Find out more here](. In todayâs email: - Sad: Stephen Wilhite, inventor of the GIF, has passed away.
- Map: Metaâs execs are embracing remote work.
- Morganâs musings: Why you donât need a goal to start saving.
- Around the web: How Fruity Pebbles are made, an intuitive calendar app, a relaxing game, and more cool internet finds. ð§ On the go? [Listen to todayâs podcast]( to hear about the ongoing tension between employees and employers through the lens of 4 companies: Google, Amazon, Disney, and Applebeeâs. The big idea
[Stephen Wilhite]( The enormous impact of Stephen Wilhite, inventor of the GIF Today, the looping clips known as GIFs are a cornerstone of internet expression. Their use is both an art form and everyday practice for many. But long before the fiery debate over their pronunciation made it to the Oval Office (yes, [that happened](), the Graphics Interchange Format was simply a technological solution developed by Stephen Wilhite. The GIF backstory In the 1980s, Wilhite was the lead engineer on a team at CompuServe [tasked]( with finding a way to quickly distribute âhigh-quality, high-resolution graphicsâ in color. Developing this became an obsession for Wilhite, who would perfect the product at home. The result, GIF, was released in 1987, but its commercial success is due in large part to [Netscape](, which, in 1995 added the ability for GIFs to loop. GIF vs. JIF With the rise of GIFs came a historic internet debate: whether itâs pronounced âgifâ (with a hard G, like âgiftâ) or âjif.â In 2012, Oxford American Dictionaries [named]( âGIFâ its US Word of the Year, accepting both pronunciations. In 2013, Wilhite flat-out [told]( The New York Times, âItâs a soft âG,â pronounced âjif.â End of story.â Then, at an award ceremony soon after, he [displayed]( a GIF proclaiming the âjifâ pronunciation correct to the iconic backdrop of Also sprach Zarathustra. It was a baller move, but despite his clarification, the debate seemingly continues to this day. The impact of GIFs The most ubiquitous platform for GIFs today is Giphy, used by [700m+]( people and said to come [2nd]( only to Google in search engine activity. According to Giphy, the [1st GIF]( ever uploaded to the internet, by Wilhite himself, was of a plane over rolling clouds. Sadly, Wilhite passed away last week at the age of 74. Messages from former colleagues on an [obituary page]( refer to his positive soul and other tech contributions. Soon after his passing, Giphyâs website posted a tribute to Wilhite. The [message](, âStephen Wilhite Creator of the GIF 1948-2022,â was displayed on top of an animated loop of rolling clouds â a GIF. [Share on Facebook]( [Share on Twitter]( [Send as email to a friend](mailto:?subject=The%20Hustle%20wrote%20something%20I%20think%20you%27ll%20like...%0A&body=The+enormous+impact+of+Stephen+Wilhite%2C+inventor+of+the+GIF%0Ahttps%3A%2F%2Fthehustle.co%2F03252022-Stephen-Wilhite-gif%3Futm_campaign%3DFriday%2BEmail%26utm_content%3D03252022-Stephen-Wilhite-gif%26utm_medium%3Demail%26utm_source%3Ddaily%0A%0AYou%20can%20subscribe%20with%20my%20link%20here%20to%20get%20the%20latest%20in%20tech%20and%20business%20daily:%0A [View on our website]( SNIPPETS Beyond delivery: Instacart [announced]( it will start offering enterprise software to grocery stores to help manage ecommerce, fulfillment, and ads. Side hustle: Adidas [launched]( a paid affiliate program that will allow the 50k+ student athletes at Adidas-sponsored D1 universities to be paid brand ambassadors. Fee forgiveness: Google is [partnering]( with Spotify to test out a new in-app payment option, which will allow users to pay directly through the Spotify app and avoid app store fees. Digital ID: Apple [launched]( the 1st driverâs license and state ID in its Wallet app in Arizona, with plans to roll out the functionality in additional states, including Colorado and Hawaii. --------------------------------------------------------------- Hey â enjoy getting quick updates on what you care about? Take [20 seconds]( to personalize your Snippets. Pick your preferencesð and weâll send you more of what you love. Boom. [Personalize my Email â]( Executive Perks
[Meta exec locations]( Selina Lee Metaâs execs are all-in on remote work Meta wants to build the virtual world of the future. In the world of the present, however, the company's [executive team]( is working from all over the place, per WSJ. Metaâs HQ⦠⦠is in Menlo Park, California, but members of its top brass have been dialing in from Cape Cod to Israel. Even Zuck is getting in on the WFH action â in his case, the H stands for Hawaii. Critics are split on whether this is a good thing: - Some believe that if Meta wants to build the metaverse, having its execs embrace the future of work is an asset
- Others think the timing is off, with Metaâs stock down 30%+ since its Q4 earnings in February The correct answer? Any policy that gives us more pics of Zuck surfing on a hydrofoil cannot possibly be a bad thing. [Share on Facebook]( [Share on Twitter]( [Send as email to a friend](mailto:?subject=The%20Hustle%20wrote%20something%20I%20think%20you%27ll%20like...%0A&body=Meta%E2%80%99s+execs+are+all-in+on+remote+work%0Ahttps%3A%2F%2Fthehustle.co%2F03252022-%3Futm_campaign%3DStephen%2BWilhite%26utm_content%3D03252022-%26utm_medium%3Demail%26utm_source%3Ddaily%0A%0AYou%20can%20subscribe%20with%20my%20link%20here%20to%20get%20the%20latest%20in%20tech%20and%20business%20daily:%0A [View on our website]( Opinion: Morganâs Musings
[Morgan's Musings]( Why you donât need a reason to save The biggest economic stories of the last 2 years were a pandemic no one saw coming and a war in Ukraine no one saw coming. It always works like that. The biggest risk is what you donât see coming. The fact that youâre not prepared for it is what makes it so risky. The biggest lesson here⦠⦠is that you donât need a reason to save. Some people save money for a down payment on a house, a new car, or retirement. Thatâs great, of course. But saving does not require a goal of purchasing something specific. You can save just for savingâs sake. And indeed you should. Everyone should. Only saving for a specific goal makes sense in a predictable world. But ours isnât. Saving is a hedge against lifeâs inevitable ability to surprise the hell out of you at the worst possible moment. Another benefit of savings without a spending goal⦠⦠is control over your time. Everyone knows the tangible stuff money buys. The intangible stuff is harder to wrap your head around, so it tends to go unnoticed. But the intangible benefits of money can be far more valuable than the tangible things that are obvious targets of our savings. Savings without a spending goal gives you options and flexibility â the ability to wait and the opportunity to pounce. It gives you time to think, and lets you change course on your own terms. Every bit of savings is like taking a point in the future that would have been owned by someone else and giving it back to yourself. [Share on Facebook]( [Share on Twitter]( [Send as email to a friend](mailto:?subject=The%20Hustle%20wrote%20something%20I%20think%20you%27ll%20like...%0A&body=Why+you+don%E2%80%99t+need+a+reason+to+save%0Ahttps%3A%2F%2Fthehustle.co%2F03252022-Morgan-Housel-saving%3Futm_campaign%3DStephen%2BWilhite%26utm_content%3D03252022-Morgan-Housel-saving%26utm_medium%3Demail%26utm_source%3Ddaily%0A%0AYou%20can%20subscribe%20with%20my%20link%20here%20to%20get%20the%20latest%20in%20tech%20and%20business%20daily:%0A [View on our website]( TRENDS
How to monetize the neuroscience industry We featured Andrew Huberman (on My First Million) in November 2021. Over 90 days, #neurosciencehacks searches [snowballed 8x on TikTok](. We tried to tell yâall. Our recent deep dive revisits the booming thirst for neuroscience, thanks to influencers like Andrew who repackage bizarre brain insights for the masses. 4 ways to help experts monetize: - Content creation, or curation. Construct a new stream of revenue.
- Niche tip apps, to [help bridge the scientists-enthusiasts gap](.
- High-end fitness retreats, for invigorating getaways ([Sam is in]().
- Primary health care clubs, which are more [like luxury hotel-spas](. The details of our research will cost you a buck. Explore niche market signals, business-building galore, and the network of 17k+ go-getters. AROUND THE WEB 𦢠On this day: In 2001, Icelandic singer Björk wore a [swan dress]( to the Oscars, a fashion statement so bizarre â and iconic â that people still talk about it today. ð¤ Cure boredom: In this [simple game](, you must turn every square the same color in as few moves as possible. 𥣠Thatâs interesting: Post Consumer Brands workers pack up 44m pounds of Fruity Pebbles cereal every year. Hereâs how itâs [made](. ð
Useful: Undock is a [calendar app]( that makes suggestions based on your preferences and schedule. 𦥠Aww: Letâs end the week the way we began it â with sloth content. Hereâs a [baby sloth]( learning how to climb. IN CASE YOU MISSED IT (A roundup of our best reads from the last couple weeksâ¦) ð´ Are advertisers going to infiltrate our dreams? [LINK]( ðª Products are literally shrinking, but prices are the same. [LINK]( ð¥ Lunchflation is real â and office workers are feeling it. [LINK]( ð¨ð¦ Toronto is the next Silicon Valley, eh? [LINK]( ð° Why Hinge may be your best bet at marriage. [LINK]( Shower Thoughts - âMedicine companies grossly overestimate our love for the flavor cherry.â [SOURCE](
- âThe most satisfying part of carpentry is when no one realizes you fucked up and fixed it.â [SOURCE](
- âIn 3000 years, if humans were to still exist, the history book will be long as shit.â [SOURCE](
- âYou are not in traffic, you are traffic.â [SOURCE](
- âIf you make someone laugh in your dreams, you are laughing at your own joke.â [SOURCE]( Â
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Today's email was brought to you by [Jacob Cohen](, [Juliet Bennett Rylah](, [Rob Litterst](.
Editing by: Mark âStill calling it GIF with a hard Gâ Dent.
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