Agreed. So people will either drop out of the workforce for such jobs, or will require more money to do those jobs. As with most things related to worker protection, this presents a trade-offs. Some workers will be…
Where are the expert witnesses in this case?? Do we really expect judges in their 60s and 70s to understand basics of coding in order to come to the right conclusion?? I put myself in their shoes, if I had never looked…
A tradeoff that I find fascinating is that of democracy vs authoritarian gov't. It's the question of our days. I've come to the conclusion that a well functioning authoritarian government (like China's) has many short…
As a European immigrant who came to the US to be an entrepreneur, I can tell you there are many reasons for the US leadership so far, many of which are still true. My top list: - biggest unified market. This is HUGE.…
The thing to keep in mind is that leadership in data management lasts about 5 years, definitely less than 10. An (incomplete but representative) timeline: - late 90s: Early DWs like Redbrick - early 2000s: Oracle,…
A lot of commonplace stuff can cause harm above a certain dosage. Which is partially why Prop 65 is failing. 99% of things in Prop 65 are fine in moderation. And the 1% that isn't (I would love to be warned of that…
I was in CA last year and surprised to see Prop 65 warnings outside every coffee shop because apparently Coffee "may" cause cancer. It's time for CA to take a step back and stop pretending its citizens are toddlers.…
Think about it, it will be cheaper/better for $1M of US capital to be invested in UK vs the US. In the US both you and the founder/management team/other investors all pay tax if company is successful; in UK, only you…
So 5% - 3% = 2% real annual growth. So 1% wealth tax is equivalent to 50% tax on the return of the asset, every year. Say what you want, but this makes holding the asset or investing a lot less attractive. It will…
The point is that it creates direct and indirect obstacles to starting/investing/running/owning a company. Which is one of the big job/wealth creators of our society. IMO you should do the opposite - remove all…
People want to exit but in most cases can't because the company is not doing well. Everyone who has tried fundraising with bad results knows it's super hard. Despite popular stories in the press, that's the fate of most…
I'm shocked people think a wealth tax on startup founders is OK. Let's think of a scenario for instance: ACME startup raises Series C @500M. Founder equity is worth 100M on paper. Founder needs to borrow money every…
More computation = more data. That's the real problem. Processors will get faster but for some applications we'll never have more data. So yes, new approaches are needed.
Agreed. So people will either drop out of the workforce for such jobs, or will require more money to do those jobs. As with most things related to worker protection, this presents a trade-offs. Some workers will be…
Where are the expert witnesses in this case?? Do we really expect judges in their 60s and 70s to understand basics of coding in order to come to the right conclusion?? I put myself in their shoes, if I had never looked…
A tradeoff that I find fascinating is that of democracy vs authoritarian gov't. It's the question of our days. I've come to the conclusion that a well functioning authoritarian government (like China's) has many short…
As a European immigrant who came to the US to be an entrepreneur, I can tell you there are many reasons for the US leadership so far, many of which are still true. My top list: - biggest unified market. This is HUGE.…
The thing to keep in mind is that leadership in data management lasts about 5 years, definitely less than 10. An (incomplete but representative) timeline: - late 90s: Early DWs like Redbrick - early 2000s: Oracle,…
A lot of commonplace stuff can cause harm above a certain dosage. Which is partially why Prop 65 is failing. 99% of things in Prop 65 are fine in moderation. And the 1% that isn't (I would love to be warned of that…
I was in CA last year and surprised to see Prop 65 warnings outside every coffee shop because apparently Coffee "may" cause cancer. It's time for CA to take a step back and stop pretending its citizens are toddlers.…
Think about it, it will be cheaper/better for $1M of US capital to be invested in UK vs the US. In the US both you and the founder/management team/other investors all pay tax if company is successful; in UK, only you…
So 5% - 3% = 2% real annual growth. So 1% wealth tax is equivalent to 50% tax on the return of the asset, every year. Say what you want, but this makes holding the asset or investing a lot less attractive. It will…
The point is that it creates direct and indirect obstacles to starting/investing/running/owning a company. Which is one of the big job/wealth creators of our society. IMO you should do the opposite - remove all…
People want to exit but in most cases can't because the company is not doing well. Everyone who has tried fundraising with bad results knows it's super hard. Despite popular stories in the press, that's the fate of most…
I'm shocked people think a wealth tax on startup founders is OK. Let's think of a scenario for instance: ACME startup raises Series C @500M. Founder equity is worth 100M on paper. Founder needs to borrow money every…
More computation = more data. That's the real problem. Processors will get faster but for some applications we'll never have more data. So yes, new approaches are needed.