💬 Quoted: “Your slides on drug discovery are so vague, they make a horoscope look more specific.”

• The judges on Shark Tank sometimes rip into the startup ideas they hear. But at “Snark Tank,” roasting founders is the main attraction. The live show involves startup founders presenting their business ideas to a panel of comedians, who are tasked with weaving in genuine feedback alongside their roasts. The show is based around the concept that most start-up businesses fail, so it’s important to identify and address problems early on – and brutally honest feedback is one of the best ways to do so. Companies pitched at “Snark Tank” include Applaz, a social network for users to post Instagram apologies content from their notes app, and Stellar Amenities, which developed a chatbot for astronauts (huuuuge target market). Following its initial success in Silicon Valley, “Snark Tank” has expanded to events in Los Angeles and New York City, with future plans to pitch the show to TV executives.

🎙️ Stat of the Day: The US podcast industry is a lot like Mr. Incredible: top-heavy. There are ~450,000 active shows with recent episodes – but the top 25 podcasts reach nearly half of all weekly US listeners, per data from Podcast Industry Insights and Edison Research. Podcast distributors like Spotify and Amazon are capitalizing on this dynamic by selling more ads to bigger brands, and experimenting with subscriptions to top shows that include early (and/or ad-free) access or bonus content.

🤔 Did You Know? Dyer's Burgers, a restaurant in Memphis, Tennessee, uses 100+-year-old grease to cook their hamburgers, which it says are perfectly safe to eat.

📰 Worth a Read: Posing as ‘Alicia,’ This Man Scammed Hundreds Online. He Was Also a Victim → (WSJ)