
Eimis
1.6K posts


@PalmerLuckey @NathanJRobinson To me “most terrifying” title sounds like a praise for a defence industry ceo. Maybe the guy secretly wants to be hired
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@NathanJRobinson Hey Nathan, there are quite a few false claims in this piece, but two very easily correctable ones: I was fired in 2017, not 2018, and calling me The Silicon Valley War King is pretty dumb given that I hate Silicon Valley and live 400 miles away from it.
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I realize the title of "worst billionaire in America" is highly competitive, but I wrote about why I think Silicon Valley "war king" @PalmerLuckey deserves the prize:
currentaffairs.org/news/palmer-lu…

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@ChrisCamillo Using claude still feels like magic somehow. OpenAI on the other hand feels like a movie which I’ve already seen. Still ok, but no sparkles
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@tyler__palmer @ChrisCamillo Nothing really. It’s a dead and desolated place
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@ChrisCamillo Threads surprises me every time I see the charts.
What am I missing?
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@elonmusk @Maks_NAFO_FELLA This thing should be shown to all the people who are screaming how Elon is Russian agent. Real actions speak louder than words
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@d0wnsideofme You know that the priority part is true because it tracks with the sleep removal meme.

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@MichaelAArouet While I completely agree with regulation part and lack of progress, GDP and quality of life (and buying power) is two different things.
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It’s not 1% a year for 5 years.
It’s a one time 5% tax on all assets and it will kill entrepreneurship in California.
Here is an example:
John Doe starts a company. He takes a nominal salary - say $150k for this example - and the rest in equity in the company. Let’s say he owns 20%. He raises VC capital in 2026 from someone that invests $100M into the company and values the company at $6B. This means his 20% is “worth” $1.2B.
I put it in quotes because he can’t actually sell. He has a paper value that putatively says he’s a billionaire. But he actually lives on $150k because that is what his income is. Just because someone decides to make a bet on the business does not mean some bank account in your name magically gets created with $1.2B in it.
Under the proposed tax, however, John Doe would now owe $60M in cash to California in 2027.
How will he pay it?
Is there some buyer you know of, that the rest of the market doesn’t, that will do a deal at the max value when there is a distressed seller like John Doe who needs money he doesn’t have to pay taxes on value he also doesn’t have!
Now imagine that after the tax is assessed, in early 2027, the company takes a write down to $200M. Now his share is $40M. But he still owes $60M. Again, there are no buyers for his shares per se.
He still only makes $150k/yr.
What is this person supposed to do? He now has a “worth” of $40M but owes California $60M.
Should he declare bankruptcy now because he tried to start a business but was retarded enough to do it in California?
So did you really get the billionaires??
No. Because the mega billionaires have already left or are tax structured to minimize the tax or will fight it.
You will, however, drag a bunch of young, energetic folks who want to make things and hire people into bankruptcy court.
Awesome work, Ro. You should be proud.
Ro Khanna@RoKhanna
So putting aside the rhetorical flourish, you genuinely believe that a 1 percent tax on billionaires wealth for 5 years will kill the SV economy? Honest question. Or your concern is if that is expands to beyond that? Even @chamath has eloquently recognized that those with extreme wealth must do more for society given the backlash and angst people feel.
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@levelsio @AndreyAzimov Welcome to the new addiction. Say goodbye to you body without pain.
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@joshtriedcoding @bekacru Better-auth single handedly killed auth.js. I see 0 reasons to use it anymore
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using better-auth for the first time
holy shit is it good, works so nice with typescript + drizzle
disappointed you can't use lego as a social provider though, @bekacru please fix
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@venelinkochev 99.9% it work flawlessly. That 0.01%: sometimes you loose gestures. It's still worth in my book
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@aidenybai Been in your boat. Pro tip - set reminders and force yourself to stand more. It's really good for your health, but you have to be disciplined about it.
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@bruvimtired According to clean code - 4 should be max. But then again there are worse ways to structure code than passing way too many props.
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