A J
359 posts

A J
@AJdaGr8
AI Strategist | Customer Success & Experience Leader | Entrepreneur | Investor | Trusted Advisor | Son | Husband | Father | Love All things AI!




New York is about to make a massive mistake. The NY State Senate is advancing a proposal to decouple from federal QSBS (Section 1202) — the tax provision that lets startup founders exclude gains on qualifying exits. If this passes, founders would owe 10-13% in combined state and city tax on exits that are tax-free at the federal level and in nearly every other major tech state. Even worse: it's retroactive to January 1, 2025. This comes right as the federal government just expanded QSBS benefits and New Jersey moved to full conformity. New York wants to go in the opposite direction. As a seed investor in NYC who has backed hundreds of companies, I can tell you: founders are mobile. If New York becomes one of the most punitive states for startup exits, the best founders will simply build somewhere else — and the jobs, tax revenue, and innovation will follow. NYC has built something special over the last two decades. This proposal puts it all at risk for a short-sighted revenue grab. If you're a founder, investor, or anyone who cares about the NYC tech ecosystem — please sign the TechNYC open letter before Monday below 👇🏾👇🏾👇🏾 Keep building, NYC 🗽











40 years ago 4 x 27 yr olds started Sun Microsystems. We were first to bundle TCP/IP on every system. Used email internally instead of paper memos. Ran production on ERP based on work editor called vi. My has the world changed. Thanks to all of the 235,000 employees + partners.



Who will be at #CUNAGAC this year? DQLabs is proudly exhibiting this grand event. Stop by booth #538 to speak with our team about how we are helping credit unions to manage data smarter & leverage immediate ROI. Schedule time to meet with our team here: hubs.li/Q014sgzS0










