Peter Pref

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Peter Pref

Peter Pref

@PrefEquityPeter

Golden handcuffed to high finance against my will

Katılım Aralık 2024
368 Takip Edilen913 Takipçiler
Peter Pref retweetledi
Austin Berg
Austin Berg@Austin__Berg·
Seems notable that the single largest lever in Mayor Mamdani’s proposal to close New York City’s budget deficit is not a new tax on the rich or new state funding. It is simply lowering the city’s contributions to its pension funds (saving $2.3 billion). And that move was made possible due to higher-than-expected investment returns over the last several years. Capitalism was the mayor’s saving grace.
Austin Berg tweet media
Mayor Zohran Kwame Mamdani@NYCMayor

When we came into office, we uncovered a $12 billion budget deficit. Today, I’m proud to say we brought it down to zero. We didn’t close the gap on the backs of working people. We closed it while funding parks, libraries, safer streets and making historic investments in public housing. Call it Pothole Politics. Call it Democratic Socialism. It's government that delivers for the people who make this city run. That’s what New Yorkers deserve. And that’s what we will keep fighting for every single day.

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JR
JR@JR12CR·
You tweet like you have harry armpits
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Peter Pref
Peter Pref@PrefEquityPeter·
@sagharborcap I genuinely would’ve guessed he was living in exile in Macau but go figure
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Sag Harbor Capital
Sag Harbor Capital@sagharborcap·
Real ones know Jho Low spent almost every weekend of 2025 hanging out at a certain nyc members club always with an escort on each arm
Sag Harbor Capital tweet media
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beanie
beanie@beaniebbl·
would u guys support me if i took a break from sober celibate spring
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Peter Pref
Peter Pref@PrefEquityPeter·
@sagharborcap This is what happens when tech bros think they are smarter than everyone else
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Sag Harbor Capital
Sag Harbor Capital@sagharborcap·
I’ve been saying this for a while - so many buyers (and potentially sellers) of secondaries and SPVs into the top startups are likely going to get absolutely fucked when these transfers aren’t recognized as being valid
_gabrielShapir0@lex_node

I am surprised more people are not paying attention to this update from Anthropic on its stock policy. This seems like a potential bombshell. There is an active secondary market purportedly in Anthropic stock or derivatives including on fairly reputable (or at least well-known) platforms like Forge. Anthropic is calling them out *specifically*, by name, and essentially *saying* 100% of these are illegal. Some may be frauds (people selling Anthropic stock or interests in Anthropic stock that they don't truly own), but more likely many are legit attempts at transferring Anthropic equity (directly, as SPV shares, or as some type of 'beneficial interest' or future, etc.) Anthropic appears to be saying it will treat all these transfers as void. I don't have access to their terms, but it's very interesting to think what this could mean. Do the 'first purported sellers' in the chain potentially have an opportunity to do a double-dip? Does the first seller and all downstream buyers get the entire entitlement nuked? Anthropic is threatening that--are they just bluffing? If they're not bluffing, what litigation is likely to ensue? This can get into really esoteric areas of corporate law that depend on exactly how the transfer restrictions are drafted as well as the language around how violations of transfer restrictions are treated--for example, if they are merely voidABLE then downstream buyers can assert various equitable claims/defenses, but if they are VOID ab initio then in some jurisdictions that forecloses equitable defenses.

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🅿️@the_P_God·
NYC. Greatest city in the world.
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lexiiiiiiiiiiiii
lexiiiiiiiiiiiii@blondspit·
Imagine your man going through your phone just to find out there’s half priced games at Dave & Buster’s right now
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