Cash rules everything academics make...just kidding
[The Hustle]( Tues, Jul 18
Introducing: The Hustle Tip Line
Have an insider tip, a story lead, or something youâd like to see covered? Shoot us a note at tips@thehustle.co.
Or, if you want to pull a Bruce Wayne and protect your identity, you can use this anonymous form at [(.
Suck my GIF
The advocacy group, Campaign for Accountability, [released a list]( of academics who they claimed had received funding from Google in recent years. And⦠everyone had a crap attack.
After the [WSJ]( picked up the story, the internet was abuzz with outrage that a corporation might be influencing the outcome of supposedly âpureâ academic research.
Google responded with their own [strongly worded letter]( last week, calling the report âhighly misleadingâ -- and yesterday, they issued a [follow-up burn GIF]( in hopes of putting the rumors to bed once and for all.
In their opinion, CfA isnât exactly squeaky clean
The lobbying group has spearheaded a takedown campaign called âThe Google Transparency Project,â while their own funding sources are shrouded in mystery, save for one [notable contributor]( Oracle (a huge Google competitor -- maybe youâve heard of them).
Oracle has revealed their involvement with the group, and CfAâs deputy director, Daniel Stevens, has declined to name other donors, or explain why a transparency advocacy group would be so⦠opaque.
Meanwhile, in academiaâ¦
Professors are [pissed](.
[Googleâs sassy response GIF]( included angry Twitter responses from researchers saying that their inclusion on the list was âcomplete BSâ -- because, in many cases, the funding they received from Google wasnât related to the research cited by CfA (or because they never received funding at all).
For example, Sarah Roberts, who received a $7k travel stipend as a Google fellow in â09, was listed in the report for information privacy research she conducted 6 years later.
So, on the one hand, CfAâs report raises valid concerns
The truth of the matter is that Googleâs not alone: corporations fund academic research all the time, and a lot of people have questions about how even small amounts of corporate funding can sway outcomes.
On the other hand, pretty sure thereâs a saying about lobbyists in glass housesâ¦
[Shouldnât throw⦠what was it?](
Netflix is blinging on your binge-ing
Yesterday, Netflix released its [second-quarter earnings]( -- and Wall Street did a celebratory line⦠dance.
The company raked in about $2.8B in revenue and $66m in net income (a 50% increase from this time last year). Thatâs all fine and dandy, but the real meat is the [5.2m new subscribers]( they added.
Subscriber growth gets finance bros PUMPED
Traditionally, Wall Street has guided Netflixâs stock based on subscribers, not actual earnings. Yesterday was no exception: the companyâs earnings per share were on par with projections -- yet its stock [soared 10%]( after hours, and is expected to reach a [record high](.
Thatâs because their 5.2m new subscribers crushed the projected 3.2m -- and 4.1m of them came from overseas.
International market expansion also gets finance bros PUMPED
Netflixâs strategy has been to pump up their international subscriber base, and itâs clearly working.
In Q2, they introduced a [staggering array]( of new content, most of which was tailored for a global audience: as the report states, around 50% of their overall membership base is now international.
For the remainder of the year, theyâll be funding new content, racking up [crazy amounts of debt]( (which investors donât seem to mind), and banking on a future where a [censored version]( of The Human Centipede 3 can be enjoyed in 27 different languages.
[Centipede and chill?](
CHART: It pays to job-hop
Weâve all heard it: âYou Millennials sure switch jobs a lot!â
Thanks, grandpa. While it is true that [21% of 18-35 year-olds]( have changed jobs in the past year, us younginsâ donât actually âjob-hopâ any more than [Gen-Xers]( did at our age.
Moreover, switching jobs isnât such a bad thing. In fact, it may be a better move than staying at one job for eternity.
Consider this: the average annual pay raise is about [2.9%]( -- and the average pay raise for leaving and taking another job is typically between [10-20%](.
Hereâs what that would look like, assuming you switch jobs every 2 years:
[Transience never looked so good](
They donât call it a booze cruise for nothinâ
Royal Caribbean is testing a [new beverage policy]( on their Harmony of the Seas cruise ship because people are too smart -- and too drunk.
Apparently, guests have been taking advantage of the shipâs âDeluxe Beverage Package,â using the oldest trick in the book: passbacks. In other words, big groups are sharing one all-you-can-drink ticket and getting hammered for free.
So, theyâre instating a rule that would require all guests in a suite to purchase a âDeluxe Beverage Packageâ if one of their friends has one.
Cruises have had a drinking problem for some time now
Drink packages are a huge money-maker for cruise lines. Makes sense because spending a week on an inescapable floating machine with thousands of sunburned complaint vessels tourists seems like a lot to handle sober.
As they attempt to increase their [profit margins]( (which sit at around 8% on average), companies like Norwegian, Carnival, and Disney Cruise Lines have all tightened up their [alcohol policies](.
And yet, a quick Google search for âcruises and alcoholâ yields a plethora of results on how to skirt the rules and BYOB on the high seas. Weâre talkinâ [Cold War-level espionage]( like clear liquor + blue food coloring in a Listerine bottle, or the old sunscreen bottle flask trick.
So, weâre not saying the cause is hopeless⦠weâre just saying itâs gonna be an arms race.
[Sunburned arms](
a few good reads
âOf the big 4 in tech, who has the hardest hiring process for engineers?â ([Quora](
There are a number of ways you might answer this question: Glassdoor data, firsthand accounts, talking to recruiters... or, all three. Hereâs one of the more exhaustive accounts of what itâs like to be hired (or try to be hired) at Google, Facebook, Amazon, and Microsoft.
The Zombie Olympics ([Outside Online](
Sometimes, it feels like the survivalist community is preparing for a literal zombie apocalypse. Turns out, sometimes they actually create one for themselves. (Side note: we canât lie, the interactive cursor in this read is pretty fun.)
Welcome to our startup, where everyone is 23 years old ([McSweeneyâs](
âOn the morning of your 24th birthday, the barcode on your employee ID stops working and you can no longer enter our building. We do this to ensure our company has a ceaseless, youthful energy. We believe old people are displeasing to look at and also, bad at ideas.â
The secret drug-fueled parties of USCâs med school dean ([LA Times](
Scandals happen pretty frequently, but this one takes the cake. USCâs Harvard-educated dean of 10 years had a $1.1m salary, handled $200m in grants, and facilitated $1B in fundraising -- all while secretly hosting meth parties.
The Black Hand ([Stephan Talty](
A true story about the early 1900âs Black Hand mafia (cameo in Godfather 2) and the âItalian Sherlock Holmesâ that helped fight them off. This intense historical account has captured the attention of Leonardo DiCaprio, who is producing and starring in the movie.
SPONSORED: Want more good reads? ([Bookbub](
Want good reads everyday? What about alerts for the best reads when theyâre free or steeply discounted? Sign up for Bookbub and join the 10m readers that get daily email alerts when the most popular ebooks are on sale for at least 75% or more.
This edition of The Hustle was brought to you by
You complete us
Think about it -- if it werenât for you guys reading, weâd be just a bunch of dweebs pontificating off into cyberspace and laughing at our own jokes. But this is email, folks, not Twitter.
And that means we gotta hit those inboxes -- not spam folders. We want to be smack dab in the inbox, right next to your mom, with a little âimportantâ star next to our name.
[SendGrid]( helps get us there
Our main men/women in checkered blue help us send emails, split lists, track deliverability -- and all the fancy things you expect from an ESP. Plus they do it with the [best customer service]( in the biz.
So if you wanna be like us (and 50k other happy paying customers) [let SendGrid handle]( your email details -- so you can focus on tech founder-related puns.
Weâre a Zucker for âem.
0
REFERRALS [
BECOME AN AMBASSADOR WHEN PEOPLE SIGN UP USING YOUR LINK
Lindsey Quinn
WRITER
Kamran Rosen
WRITER
Zack Crockett
WRITER
John "I'll stick with the beach" Havel
BACKSEAT EDITOR Don Juan-Gogh
DIRECTOR OF SUMMER AFFAIRS
[SUBSCRIBE]( [JOBS]( [ADVERTISE]( [EVENTS](
You opted in by signing up, attending an event, or through divine intervention.
[771 CLEMENTINA STREET, SAN FRANCISCO, CA 94103, UNITED STATES]( ⢠[415.506.7210](tel:+1-415-506-7210)
Never wanna hear from us again?
Break our hearts and [unsubscribe](