Sam Rohr
4.6K posts

Sam Rohr
@SVRohr
Aspiring professional skier and full-time sarcasm enthusiast | @Penn | 🇺🇸




Erebor Bank, which will cater to startups and high-net worth individuals, on Friday became the first to receive a national bank charter under the second Trump administration on.wsj.com/3O2PidR




@LorenaSGonzalez Message received

Code Pink flew artists to Cuba to leave behind a “gift” mural. Maybe their base eats that up, but it comes off as pure performative cringe to me.


The transformation of liberals into "progressives" since 2013 has seriously been the worst thing to happen to American culture in my lifetime. Just absolutely gutted so much of what was good about this country. End of a golden age.




IRS net migration data is out of 2023: 🔴 Red states gained $37.2 billion in income and 492k filers. 🔵 Blue states lost ~$40.8B and 520k filers. CA −$11.9B, NY −$9.9B, IL −$6.0B, MA −$4.2B, NJ −$2.8B.


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 🗽













