Amit Kumar

2.8K posts

Amit Kumar

Amit Kumar

@amitkumar01

Founder & CEO at https://t.co/Gh2l893J1a Building the future of messaging.

SF Katılım Ocak 2008
701 Takip Edilen1.3K Takipçiler
Amit Kumar
Amit Kumar@amitkumar01·
If you’re traveling with kids, you should not be allowed to use TSA PreCheck. The whole point is to keep the line moving quickly! TSA PreCheck is supposed to be the express lane, not the ‘let me wrangle my toddler while you wait’ lane
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James Cham
James Cham@jamescham·
@nabeel I was wondering about the portion between East Cut and SF MOMA.
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James Cham
James Cham@jamescham·
Is there a name for the part of SF between SFMOMA and Salesforce Park?
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Amit Kumar
Amit Kumar@amitkumar01·
@parkerconrad The article was definitely well researched and thoughtful, not just mindlessly amplifying Teamsters talking points: 'the Teamsters who are battling the growing likelihood that massive tech companies like Amazon and Alphabet are gunning to replace its members with self-driving '🙄
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Parker Conrad
Parker Conrad@parkerconrad·
That’s an interesting question. Does anyone know if SF had a housing shortage problem before the broad availability of robotaxis a few months ago?
Parker Conrad tweet media
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Amit Kumar
Amit Kumar@amitkumar01·
@BNarasin Noted will check it out next time I'm in the Peninsula
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BΞN / Ben Narasin
BΞN / Ben Narasin@BNarasin·
Sticking a Izzy’s
Amit Kumar@amitkumar01

@BNarasin Boichik in Berkeley 👍, but their SF shops are just selling East Bay-baked bagels shipped across the bridge. NYC bagels need to be baked fresh on-site. Wise Sons...let's not even go there. And why don't any of these places understand the correct amount of cream cheese?

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Amit Kumar
Amit Kumar@amitkumar01·
@BNarasin Boichik in Berkeley 👍, but their SF shops are just selling East Bay-baked bagels shipped across the bridge. NYC bagels need to be baked fresh on-site. Wise Sons...let's not even go there. And why don't any of these places understand the correct amount of cream cheese?
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Howard Lindzon
Howard Lindzon@howardlindzon·
Fascinating chart/data point form my pal @charliebilello Both Cisco and Nvidia had to pass $MSFT to become the largest companies (market cap) of all time...24 years apart. The biggest takeaway for me is Ballmer sucked as CEO
Howard Lindzon tweet media
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Amit Kumar
Amit Kumar@amitkumar01·
This article is troubling. Unions like the Teamsters are prioritizing membership (dues, influence, power) over saving lives. Swiss Re compared Waymo's data to 125B human driving miles, and AVs are at least 300% safer than humans. theverge.com/23981006/auton…
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Nat Friedman
Nat Friedman@natfriedman·
Tons of respect for any team that maintains a high velocity of shipping at any time, let alone under unprecedented uncertainty.
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Bloomberg
Bloomberg@business·
Citadel founder Ken Griffin sees one side effect of years of working from home: companies may find it easier to fire people trib.al/yRM7hHk
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Amit Kumar
Amit Kumar@amitkumar01·
...there's an implication that lives lost to human drivers are somehow less valuable than those potentially at risk with robot taxis
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Amit Kumar
Amit Kumar@amitkumar01·
The strong opposition to self-driving taxis in California will sadly lead to more fatalities at the hands of human drivers, mirroring the anti-nuclear movement’s impact, which spurred the construction of coal power plants, resulting in increased deaths and suffering
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Amit Kumar
Amit Kumar@amitkumar01·
@DavidZipper Resorting to name-calling over facts? 🙄 Clearly, you've never seen Uber/Lyft drivers: blocking traffic, lane hogging, illegal U-turns, driving 2mph🤬 AVs ease traffic through methodical navigation while increasing access to underserved communities and also reducing costs
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David Zipper
David Zipper@DavidZipper·
I see some tech bros wringing their hands in horror: "Won't someone think of the AVs?!" Couldn't disagree more. California regulators are forcing San Franciscans to become guinea pigs for work-in-progress AV tech. Active protest is a reasonable response.
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David Zipper
David Zipper@DavidZipper·
A group of San Franciscans realized that they can disable Waymo and Cruise robotaxis by placing a traffic cone on the vehicle's hood. They're now encouraging others to do it: "Hell no, we do not consent to this."
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Amit Kumar
Amit Kumar@amitkumar01·
@semil @EghosaO @adamnash I believe, the Fed sees the new Bank Term Funding Program as a solution to the liquidity risks(for depositors) in those banks
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Semil
Semil@semil·
@EghosaO @adamnash and if one bank didn’t risk manage this, only matter of time before we learn or more? I sincerely hope it’s isolated
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Semil
Semil@semil·
Q - is their public filing evidence among other U.S. regional banks that may have purchased long-term govt securities when rates were low? (This question seems to be important b/c some believe SVB issue was isolated while others believe other banks made similar mistakes.)
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Amit Kumar
Amit Kumar@amitkumar01·
@BNarasin The decision is well-founded, ensuring a healthy bank in the auction redo benefits everyone involved. It's likely that the Fed believes the Bank Term Funding Program, if in place earlier, could have prevented SVB's failure.
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BΞN / Ben Narasin
BΞN / Ben Narasin@BNarasin·
It’s wild that now with what appears to be no limits on the amount of deposits protected by the FDIc it’s safer than any bank that didn’t fail. I guess it’s like a persons credit going up post bankruptcy but it’s very odd.
Sheel Mohnot@pitdesi

I'm encouraging our portfolio companies to keep their money at SVB, & encourage you to do the same. It's the safest place to put your money - fully guaranteed with no $250k limit. We (tech/VC's) really need SVB & have a real chance to bring it back or find a friendly home.

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Bill Gurley
Bill Gurley@bgurley·
Some (below) are arguing US capitalism would be better off if SVB had completely failed (also wiping out depositors). History suggests that out gov't treated big banks (2008) & big airlines (2020) FAR BETTER than SVB - in both cases fully protecting EQUITY shareholders. (cont)
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Liz Hoffman
Liz Hoffman@lizrhoffman·
*96%* of SVB's deposits exceeded the $250,00-per-customer FDIC limit and so are uninsured. That's wild (Bank of America's is 32%, PNC is 46%) and magnifies the risk of a run on the bank like the one we just saw
Liz Hoffman tweet media
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Lenny Rachitsky
Lenny Rachitsky@lennysan·
Three tips for closing more deals from @SVMansuri 1. Email is where deals go to die. Text messages are where deals get done.
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modest proposal
modest proposal@modestproposal1·
It's interesting that software multiples are now at the 5 year average of 2014-2018. Maybe not cheap, but fully reverted from craziness of 18-21. Only the 5 highest multiple stocks have not reverted and remain 40% above 14-18, while < 30% growers trade below that 5 year average.
modest proposal tweet mediamodest proposal tweet mediamodest proposal tweet mediamodest proposal tweet media
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Zak Kukoff
Zak Kukoff@zck·
I love getting a WhatsApp notification because I never know if it's going to be ignorable spam or a critically important update from a colleague overseas
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Amit Kumar
Amit Kumar@amitkumar01·
Why aren't you focusing on a solution to help these workers? Rather than personal brand building? 1/ Why protest outside of Facebook if the issue is with the custodial contractor SBM? 2/ Fastest solution to a contract violation is the NLRB. Why haven't you taken that route?
Matt Haney@MattHaneySF

Janitors are on STRIKE at Meta (Facebook) buildings downtown. Dozens of the janitors have been laid off by the custodial contractor (SBM), in violation of their contract, without healthcare or severance pay. @local87seiu @sflabor

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