Good morning! It's Sunday, Aug. 24. This week, we're exploring the history of the X Games, a month after its successful iteration in Salt Lake City and a year ahead of its expansion into a league.
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Dear Readers—Our Sunday edition delivers deep dives into interesting and relevant topics, helping you explore new ideas and feeding your curiosity.
Instead of the news—which we cover Monday through Saturday—today we’ll bring you deeply researched overviews and the human-curated articles, podcasts, videos, and more that most fascinated us this week.
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What are the X Games?
The X Games are an annual extreme sports competition featuring top athletes in events like skateboarding, BMX, motocross, and snowboarding.
Founded by ESPN in 1995 to better reach young audiences, the first competition—then called the “Extreme Games”—took place in Rhode Island and Vermont. The series now includes at least two major editions each year—one summer and one winter—plus additional international events, each featuring dozens of competitions across multiple disciplines.
Over the years, it has become a proving ground for trailblazing sporting achievements, debuting tricks and performances that have redefined what’s possible in action sports (like skater Tony Hawk's famous 900-degree spin). The event’s focus on extreme performances is primed to generate viral highlight clips on TikTok, YouTube, and Instagram, routinely amassing millions of views beyond traditional broadcasts.
... Read our full deep dive on the competition here.
Also, check out ...
> Iconic skater Tony Hawk is not often recognized in public. (More)
> How a Winter X Games course is built. (More)
> The X Games rode the "extreme" marketing wave in the 1990s. (More)
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Microplastics, explained
Microplastics, or MPs, are tiny plastic particles less than five millimeters long and have become one of Earth's most widespread pollutants. Like synthetic plastics, MPs are mostly made of long chains of hydrogen and carbon atoms, formed by linking byproducts of refining crude oil and natural gas (watch explainer). Other chemical additives may be incorporated to modify the final product’s properties.
Primary MPs, such as microbeads commonly found in exfoliating cosmetic products, are intentionally manufactured to be small. Secondary MPs, like those released while washing synthetic textiles, form from the breakdown of larger plastics and make up the bulk of MPs in the environment (learn why plastic doesn't biodegrade).
As of 2024, the FDA claims there is insufficient evidence that MPs pose any human health risk, though initial biochemical studies have linked them to inflammation and hormone disruption.
... Read our full explainer on microplastics here.
Also, check out ...
> Microplastics are everywhere on Earth—even Mount Everest. (More)
> Locating where microplastics are concentrated in the human body. (More)
> The plastic designed to dissolve in saltwater. (More)
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Venture Capital, 101
Venture capital is a form of investment that firms use to invest in startups and other emerging organizations with high growth potential. In other words, VC firms bet on companies with hopes that they’ll grow into larger corporate powerhouses.
Venture capital firms like Andreessen Horowitz, Sequoia Capital, and Kleiner Perkins are best known for helping fund some of the buzziest business movements of our time, from the cryptocurrency boom to the current AI craze. In 2023, US VC investments totaled roughly $170B, falling significantly from the roughly $242B invested in 2022 (how VCs decide to invest).
These investments are considered highly risky. Roughly 75% of VC-backed companies will fail. That means the other portfolio companies need to provide significant returns to make up for all the companies that don’t yield returns (how these numbers work).
... Read our full overview on VC here.
Also, check out ...
> One VC firm honors the successful companies it missed. (More)
> The annual list of the world's top 100 venture capitalists. (More)
> Explaining venture capital using Lego bricks. (More)
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Have you checked out our lineup of weekly 1440 Topics newsletters? You can sign up for any (or all) that pique your interest, always 100% free. Here's what's on deck this week:
Science & Technology: Tuesday, we'll explore the science and economics of wind power, which generates 10% of global electricity (sign up here).
Business & Finance: Thursday, we'll find out why certificates of deposit (CDs) are such safe (and under-emphasized) investment vehicles (sign up here).
Society & Culture: Saturday, we'll get you primed for the start of the season with our dive into fantasy football (sign up here).
Daily Digest: Our original newsletter focuses on what is happening in the world each day, Monday-Saturday. Join more than 4.5 million other intellectually curious readers—click here to join for free!
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Historybook: Mount Vesuvius erupts, killing up to 15,000 people in Pompeii (79); Thomas Edison files patent for the kinetoscope, an early motion-picture viewer (1891); Brazilian author Paulo Coelho born (1947); Windows 95 released (1995).
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“It scared me to death. It just doesn't make sense. You're still on your motorcycle at the height of the jump going, 'this thing's not going to rotate around.' I knew it was possible. It just doesn't seem logical.”
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- Travis Pastrana, motocross rider
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