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From: Fast Company Compass - Thursday Jun 09, 2022 01:59 pm

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We have electric cars, electric trains, and electric bikes. So why not electric boats? That’s the premise behind the Arc One, the $300,000 electric luxury-cruiser speedboat that is attempting to redefine what a boat can be. Cruising at speeds reaching 40mph for up to five hours on the water, the Arc One received a lot of attention when it was announced earlier this year, thanks largely to $35 million from investors, including Will Smith, Kevin Durant, and Sean Combs. But aside from a few neat stats, the company has been highly secretive about the design of its watershed boat. Until now, that is.

In an exclusive interview, Arc Boats cofounder and CTO Ryan Cook walked me through the unique design of the company’s first boat. As a former lead engineer at SpaceX, Cook drew many parallels between building rockets and watercraft, while explaining some of the nitty-gritty challenges, and advantages, of building an electric vehicle for the water. It’s a cool story, so don’t miss it. Read my article here.
—Mark Wilson, @ctrlzee

co.design

Inside the design of the $300,000 Arc One electric boat

For the first time, the hot electric boat startup Arc shares more on what’s under the hood, in a design inspired by rockets, electric cars, and nautical history.

freebies

4 great Amazon Prime freebies you might not know you can get

Books, music, games, and more—all free with your yearly Prime membership.

mental health at work

I had to quit my dream job at Google because of anxiety. Here’s what I learned

Ami Lebendiker reveals how every time she had a panic attack, she would hide it from her colleagues, boss, and other team members: ‘I felt ashamed.’

a message from basecamp

Project management that brings teams together

Teams who use Basecamp communicate better, send less emails, and have fewer meetings. -- Keep it together. Put it in Basecamp.

Learn more about Basecamp.

Being a good leader means nothing without investing in yourself. Here’s how

Startup founder and author Kathryn Finney shares small changes that helped foster her personal growth and strength as a leader.

technology

A Google Cloud employee set a new record calculating the 100 trillionth digit of pi

Emma Haruka Iwao has seen further than any previous human into the never-ending number.

queer 50

Beth Ford wants to change the narrative about rural America

The CEO of Land O’Lakes is No. 3 on Fast Company’s third annual Queer 50 list.

marketing innovation

LinkedIn launches audio events and new creator tools

The professional social networking platform expands its available suite of content creation and profile customization tools

co.design

Inside the quest to redesign the diaper

The global diaper industry has long been dominated by Huggies and Pampers, but now a flock of startups are shaking things up—and making their diapers way more sustainable.

future fix

A new Australian high-rise will be covered in 1,182 solar panels

The tower will be the first in Australia to use the technology.

startup

Why this startup is on a mission to design the perfect sneaker

Atoms offers a welcome alternative to the frequent product drop model that fast fashion was built on—but scaling hasn’t been easy.

NEWS

Stagflation might be coming: What is that, anyway?

A new warning from the World Bank says that the global economy may be on the brink of a brutal combination of high prices and low economic growth, commonly referred to as “stagflation.”

“Compounding the damage from the COVID-19 pandemic, the Russian invasion of Ukraine has magnified the slowdown in the global economy, which is entering what could become a protracted period of feeble growth and elevated inflation,” reads a World Bank brief.

Stagflation occurs when economic growth slows, and prices continue to increase. The word “stagflation” itself is a combination of “stagnation” and “inflation.” In effect, it’s a worst-case scenario for the Federal Reserve.

We haven’t seen stagflation in any notable form in roughly 50 years. During the 1970s, the average inflation rate was 6.85%, and unemployment was over 6% for much of the decade.

Check out the latest news stories here.

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Fast Company 😃 4 great Amazon Prime freebies you might not know you can get