Matt DaCosta

3.5K posts

Matt DaCosta banner
Matt DaCosta

Matt DaCosta

@thBookOfMatthew

Member of Coinbase Institutional. Manage the firms largest VC relationships. Views my own.

San Diego, CA Katılım Şubat 2012
1.6K Takip Edilen602 Takipçiler
Matt DaCosta retweetledi
scogolfs
scogolfs@scogolfs·
36 holes on the Cape anyone? The Club at New Seabury in Mashpee, MA
scogolfs tweet mediascogolfs tweet mediascogolfs tweet mediascogolfs tweet media
English
35
28
1.1K
139.7K
Matt DaCosta retweetledi
Super 70s Sports
Super 70s Sports@Super70sSports·
Sometimes this world wears you out and leaves you cynical … and then you see a moment like this and realize there will always be more good than bad.
English
127
1.2K
12.3K
498.6K
Matt DaCosta retweetledi
Storrs Central
Storrs Central@StorrsCentral·
Nik Khamenia, Welcome to the Basketball Capital of the World (Via nik.khamenia/IG)
English
35
189
1.6K
175.8K
Rational Yankees Fan
Rational Yankees Fan@rationalyankee·
Hal Steinbrenner is never selling the Yankees. Hate to break it to everyone. It makes zero financial sense for him to do so. George Steinbrenner paid $8.8M for the Yankees in 1973. The franchise is worth roughly $11B today.. That is one of the greatest capital appreciation trades in American financial history and Hal is doing everything in his power to never cash it in. A sale today generates a $9.4B taxable gain and a $3.5B tax bill at blended federal and New York rates. Hal isn’t writing a $3.5B check to Uncle Sam. So he’s not selling. The Steinbrenner family will borrow against the franchise instead. Loan proceeds aren’t taxed as income income. The interest is deductible. The asset keeps compounding. You’ve unlocked liquidity from the appreciation without triggering a taxable event that would cost you $3.5B. The Yankees did $705M in revenue last year and reported $7M in EBITDA. A business generating $705M and barely breaking even is not mismanaged. It is managed precisely. Every depreciation schedule, every interest payment, every deductible expense is sheltering income that would otherwise get taxed. The accounting losses are a feature. Hal will pass the franchise to his kids at a stepped-up basis and they will run the exact same play. Think of it this way: Hal is sitting on an asset worth $11B that he effectively inherited for free. If he sells, he hands $3.5B to the government. If he never sells, he borrows against it, lives off the proceeds, deducts the interest, and eventually passes it to his children at full value without anyone ever paying the tax. The Yankees payroll debate is a distraction. Hal isn’t running a baseball team. He owns a generational wealth vehicle that just happens to play baseball.
Rob 🇺🇸 🗽🦮🐕‍🦺@rmny1976

@rationalyankee Hal need to sell, he’s make 10-12B

English
107
241
3.6K
598.9K
Matt DaCosta
Matt DaCosta@thBookOfMatthew·
@DearS_o_n Of all the things I was blessed with, having great parents is far and away the most impactful. My father was a great and principled man. I hope I get to see him again in the next one.
English
0
0
9
496
Dear Son.
Dear Son.@DearS_o_n·
Be brutally honest. In your next life, would you want your dad to be your dad again?
English
3.3K
379
5.7K
457.8K
Matt DaCosta retweetledi
Coinbase Institutional 🛡️
Coinbase Institutional 🛡️@CoinbaseInsto·
Bitcoin ETFs are a critical bridge between crypto-native primitives and traditional finance, creating familiar on-ramps for global investors. Coinbase Institutional has been named as a custodian for the @MorganStanley Bitcoin Trust, one of the first major U.S. investment banks to lean into crypto spot ETPs, highlighting our role as the premier partner for institutional asset safeguarding. The future of institutional crypto is here. Let’s scale.
Coinbase Institutional 🛡️ tweet media
English
12
64
322
179.3K
Matt DaCosta retweetledi
Big East Rewind & Hoops 24/7
Big East Rewind & Hoops 24/7@bigeastrewind·
“We’re fighters. It’s not appealing to everyone.” “May even be off-putting to some of you in here.” “But for us it’s a life & death battle.”
English
15
126
1.5K
108K
Matt DaCosta retweetledi
College Basketball Report
College Basketball Report@CBKReport·
Tarris Reed Jr. in March Madness: 31 PTS | 27 REB | 3 AST 10 PTS | 13 REB | 3 BLK 20 PTS | 5 REB | 4 AST | 2 BLK 26 PTS | 9 REB | 2 STL | 4 BLK 17 PTS | 11 REB | 5/5 FT Legacy run.
College Basketball Report tweet media
English
14
158
2.6K
90.3K
Matt DaCosta retweetledi
The Driven Man
The Driven Man@Thedrivenman·
The Greatest Corner Speech in Boxing History...
English
42
363
2.1K
115.7K
Matt DaCosta retweetledi
Uncle UConn
Uncle UConn@UncleUConn·
The Shot through Husky eyes
English
11
80
711
21.4K
Matt DaCosta
Matt DaCosta@thBookOfMatthew·
That obviously is not a complete overview of performance. Underperformance is a relative assessment all you gave were results. Here is some important context for you. These are all their seeds for those results. A dufus would not understand relativity. Well I admit, I typically am one, you shouldn't throw stones if you live in a glass house....
Matt DaCosta tweet media
English
0
0
0
27
FanDuel Sportsbook
FanDuel Sportsbook@FDSportsbook·
Dan Hurley is the KING of college basketball 👑 What would you change here? 🤔
FanDuel Sportsbook tweet media
English
167
38
484
126.2K
Norsk2u
Norsk2u@Norsk2u·
@thBookOfMatthew @Coach_Hickey5 Two great passes. Bray went to the spot. Both players processed info fast and made smart decisions. Strong fundamentals increase ones odds. They don't all go in. But that one did!
Norsk2u tweet media
English
1
0
1
47
Garrett Hickey #INVICTA
Garrett Hickey #INVICTA@Coach_Hickey5·
AK with the perfect pass. Mullins doesn’t have to adjust it at all. It’s aligned in the shooting pocket. And pretty cool watching this thinking it could have been the last thing AK did in a husky uniform. Trust your teammates
English
20
62
1.6K
303.4K
Matt DaCosta
Matt DaCosta@thBookOfMatthew·
You are cherry picking your data. Duke was up 7 with 11:30 left. And up 2 with 3:30. Tell the whole story. Up 7 with 11:30 and losing is not a choke. UConn battled it out...they do in fact seem to own College Basketball.
English
0
0
0
53
Sam Block
Sam Block@theblockspot·
Duke led by 19 with 21:07 left. Duke led by 17 with 16:58 left. Duke led by 14 with 13:32 left. Duke led by 10 with 6:08 left. Duke led by 9 with 4:49 left. Duke led by 5 with 1:31 left. Duke led by 2 with 1 second left. But UConn owns College Basketball.
English
27
369
5.1K
81.6K
Matt DaCosta retweetledi
Pardon My Take
Pardon My Take@PardonMyTake·
17-3 in the NCAA Tournament since
English
9
511
5.1K
310.9K
Matt DaCosta
Matt DaCosta@thBookOfMatthew·
@Djoko_UTD This is amazing. Reminds me of the Maddux/Bonds video.
English
0
0
0
1.2K
SK
SK@Djoko_UTD·
The Moment Agassi shocked the world by telling how he read Becker’s serve.. The Details 🤯
English
136
2.5K
21.8K
1.8M
College Transfer Portal
College Transfer Portal@CollegeFBPortal·
NEW: Providence HC Bryan Hodgson with a LEGENDARY quote in his introductory press conference: “If you ever wanna question my recruiting abilities just look at my wife Jordan." 😂
College Transfer Portal tweet media
English
1.3K
2.6K
54.9K
5.8M