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X Games, Venture Capital, and Ford's 'Soybean Car'

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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.

 

Scroll down to learn more about Henry Ford's soybean car, how "buy one, get one free" causes you to spend more money, and more. Or visit 1440 Topics for primers on Gut Microbiome, Brain Implants, or 200 others.

 

Have suggestions? Help us better serve our more than 4.5 million readers by sharing your honest feedback at [email protected].

 

— 1440 Topics Team

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.

Thrills and Spills

 

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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Explore their step-by-step experience and open an account right here.

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Bits of Plastic

 

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)

Risks and Returns

 

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)

Best of the Week

 

We uploaded 204 resources to 1440 Topics last week—here are some of our favorites:

 

Henry Ford's 1941 plastic car was made from soybeans. 

"Buy one, get one free" is a way to drive more spending.

Watermelons were once neither red nor sweet.

Geography was key to making Moscow Europe's biggest city.

How helpful is it to take vitamins as supplements?

Following the wild salmon supply chain, from Alaska to your plate.

Stem cells can reboot the ability of cells to repair themselves.

 

Visualizing the changes to Mac's control panel between 1984 and 2004. 


How brutalist concrete transformed building design.

When it's good to let your food stick in the pan.

How the Discovery Channel popularized educational TV. 

 

The Harlem Hellfighters, WWI's longest-serving US regiment.

Where do you fall on the sports misery index?

 

The world's top 10 hedge funds.

Assessing the respiratory risks of too much air conditioning. 

In partnership with Fidelity

Need Help Choosing Your Investments?

 

With a step-by-step experience from Fidelity, you can make better investing decisions and choose the right investments for you and your goals. 

 

Plus, they offer no account minimums or fees to open a brokerage account and $0 commission for online U.S. stock and ETF trades—so you can invest more of what you have. Click here to learn more about investing with Fidelity.

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More From 1440

 

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!

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).

“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.”

- Travis Pastrana, motocross rider

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