Jason

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Jason

Jason

@JasonDWeinstein

Guanacaste, Costa Rica Entrou em Haziran 2009
500 Seguindo448 Seguidores
Jason
Jason@JasonDWeinstein·
@collin_ruth89 @TheSalonDon When you lose the love for the business or when you get an offer than blows your socks off. You should always be acting like you are going to sell to best position yourself. I wasn’t ready to retire at 39 but damn the offer was that good and I was burned out over the Covid crap
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Tanning Salon Don
Tanning Salon Don@TheSalonDon·
There’s a rule in blackjack called “never split 10s” When you get a winning hand (20) you don’t split yourself for a chance at 2 winning hands If you have a winning business Scale it. Sell it THEN start the next one Don’t do two at once
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Jason
Jason@JasonDWeinstein·
@only1jamest Af the bottom of this core as the wrench melted through as my employee was changing the battery of my wife’s car…
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Jason
Jason@JasonDWeinstein·
@jamesonhaslam The username is great. We actually have a rambutan cartel that rigs prices all across the country.
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Jason
Jason@JasonDWeinstein·
@jamesonhaslam And to write it all with the shit his daughter is going through? Obviously it’s more rambling than normal ackman rambles but it’s understandable.
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Jason
Jason@JasonDWeinstein·
@jamesonhaslam Dealing with a similar bs protected grounds case in my wife’s co. Shit is absurd. Lawyers are taking on contingency. No real recourse in winning. This shit needs to end.
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Jason
Jason@JasonDWeinstein·
@BillAckman @X Mr Ackman, I wish you well in this endeavor. I’m currently fighting a battle with bs claims for me wife’s business. I hope you are successful on account of all the entrepreneurs that face this bullshit though your success is far from guaranteed. Godspeed.
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Bill Ackman
Bill Ackman@BillAckman·
I am reaching out to the @X community for advice with the likely risk of sharing TMI. I have been sufficiently upset about the whole matter that I have lost sleep thinking about it and I am hoping that this post will enable me to get this matter off my chest. By way of background, I started a family office called TABLE about 15 years ago and hired a friend who had previously managed a family office, and years earlier, had been my personal accountant. She is someone that I trusted implicitly and consider to be a good person. The office started small, but over the last decade, the number of personnel and the cost of the office grew massively. The growth was entirely on the operational side as the investment team has remained tiny. While my investment portfolio grew substantially, the investments I had made were almost entirely passive and TABLE simply needed to account for them and meet capital calls as they came in. While TABLE purchased additional software and other systems that were supposed to improve productivity, the team kept increasing in size at a rapid rate, and the expenses continued to grow even faster. While I would periodically question the growing expenses and high staff turnover, I stayed uninvolved with the office other than a once-a-year meeting when I briefly reviewed the operations and the financials and determined bonus compensation for the President and the CFO. I spent no time with any of the other employees or the operations. The whole idea behind TABLE was that it would handle everything other than my day job so that I would have more time for my job and my family. Over the last six years, expenses ballooned even further, employee turnover accelerated, and I became concerned that all was not well at TABLE. It was time for me to take a look at what was going on. Nearly four years ago, I recruited my nephew who had recently graduated from Harvard and put him to work at Bremont, a British watchmaker, one of my only active personal investments to figure out the issues at the company and ultimately assist in executing a turnaround. He did a superb job. When he returned from the UK late last year after a few years at Bremont, I asked him to help me figure out what was going on with TABLE. When I explained to TABLE’s president what he would be doing, she became incredibly defensive, which naturally made me more concerned. My nephew went to work by first meeting with each employee to understand their roles at the company and to learn from them what ideas they had on how things could be improved. He got an earful. Our first step in helping to turn around TABLE was a reduction in force including the president and about a third of the team, retaining excellent talent that had been desperate for new leadership. Now here is where I need your advice. All but one of the employees who were terminated acted professionally and were gracious on the way out (excluding the president who had a notice period in her contract, is currently still being paid, and with whom I have not yet had a discussion). The highest compensated terminated employee other than the president, an in-house lawyer (let’s call her Ronda), told us that three months of severance was not enough and demanded two years’ severance despite having worked at the company for only two and one half years. When I learned of Ronda's request for severance, I offered to speak with her to understand what she was thinking, but she refused to do so. A few days ago, we received a threatening letter from a Silicon Valley law firm. In the letter, Ronda’s counsel suggests that her termination is part of longstanding issues of ‘harassment and gender discrimination’ – an interesting claim in light of the fact that Ronda was in charge of workplace compliance – and that her termination was due to: “unlawful, retaliatory, and harmful conduct directed towards her. Both [Ronda] and I [Ronda’s lawyer] have spoken with you about [Ronda’s] view of what a reasonable resolution would include given the circumstances. Thus far, TABLE has refused to provide any substantive response. This letter provides the last opportunity to reach a satisfactory agreement. If we cannot do so, [Ronda] will seek all appropriate relief in a court of competent jurisdiction.” The letter goes on to explain the basis for the “unsafe work environment” claim at TABLE: “In early 2026, Pershing Square’s founder Bill Ackman installed his nephew in an unidentified role at TABLE, Ackman’s family office. [His nephew]—whose only work experience had been for TABLE where he was seconded abroad for the last four years to a UK watch company held by Ackman—began appearing at TABLE’s offices and conducting interviews of employees without a clear explanation of his role or the purposes of these interviews. During this period, he made a series of inappropriate and genderbased [sic] comments to multiple employees that created an unsafe work environment. Among other things, [his nephew] made remarks about female employees’ ages (“Tell me you are nowhere near 40”), physical appearance (“Your body does not look like you have kids”), as well as intrusive questions about family planning and sexual orientation (“Who carried your son? Who will carry your next child?”). These incidents were reported to senior leadership at TABLE and Pershing Square. Rather than being addressed appropriately, the response from senior management reflected, at best, willful blindness to the inappropriateness of [his nephew]’s remarks and, at worst, tacit endorsement.” The above allegations about my nephew had previously been brought to my attention by TABLE’s president when they occurred. When I learned of them, I told the president that I would speak to him directly and encouraged her to arrange for him to get workplace sensitivity training. The president assured me that she would do so. When I spoke to my nephew, he explained what he actually had said and how his actual remarks had been received, not at all as alleged in the legal letter from Ronda’s counsel. I have also spoken to others at the lunch table who confirmed his description of the facts. In any case, he meant no harm, was simply trying to build rapport with other employees, and no one, as far as I understand, was offended. Ironically, Ronda claims in her legal letter that TABLE didn’t take HR compliance seriously, yet Ronda was in charge of HR compliance at TABLE and the person who gave my nephew his workplace sensitivity training after the alleged incidents. In any case, Ronda, as head of compliance, should have kept a record or raised an alarm if indeed there was pervasive harassment or other such problems at the company, and there is no evidence whatsoever that this is true. So why does Ronda believe she can get me to pay her nearly $2 million, i.e., two years of severance, nearly one year of severance for each of her years at the company? Well, here is where some more background would be helpful. Over the last two months, I have been consumed with a major family medical issue – one of my older daughters had a massive brain hemorrhage on February 5th and has since been making progress on her recovery – and I am in the midst of a major transaction for my company which I am executing from a hospital room office next to her . While the latter business matter is publicly known, the details of my daughter’s situation are only known to Ronda because of her role at our family office. Now, let’s get back to the subject at hand. Unfortunately, while New York and many other states have employment-at-will, there has emerged an industry of lawyers who make a living from bringing fake gender, race, LGBTQ and other discrimination employment claims in order to extract larger severance payments for terminated employees, and it needs to stop. The fake claim system succeeds because it costs little to have a lawyer send a threatening letter and nearly all of the lawyers in this field work on contingency so there is no or minimal cash cost to bring a claim. And inevitably, nearly 100% of these claims are settled because the public relations and legal costs of defending them exceed the dollar cost of the settlement. The claims are nearly always settled with a confidentiality agreement where the employee who asserts the fake claims remains anonymous and as a result, there is no reputational cost to bringing false claims. The consequences of this sleazy system (let’s call it ‘the System’) are the increased costs of doing business which is a tax on the economy and society. There are other more serious problems due to the System. Unfortunately, the existence of an industry of plaintiff firms and terminated employees willing to make these claims makes it riskier for companies to hire employees from a protected class, i.e., LGBTQ, seniors, women, people of color etc. because it is that much more reputationally damaging and expensive to be accused of racism, sexism, and/or intolerance for sexual diversity than for firing a white male as juries generally have less sympathy for white males. The System therefore increases the risk of discrimination rather than reducing it, and the people bringing these fake claims are thereby causing enormous harm to the other members of these protected classes. So what happened here? Ronda was vastly overpaid and overqualified for the job that she did at TABLE. She was paid $1.05 million plus benefits last year for her work which was largely comprised of filling out subscription agreements and overseeing an outside law firm on closing passive investments in funds and in private and venture stage companies, some compliance work, and managing the office move from one office to another. She had a very good gig as she was highly paid, only had to go into the office three days a week, and could work from anywhere during the summer. Once my nephew showed up and started to investigate what was going on, she likely concluded that there was a reasonable possibility she would be terminated, as her job was in the too-easy-and-to-good-to-be-true category. The problem was that she was not in a protected class due to her race, age or sexual identity so she had to construct the basis for a claim. While she is female and could in theory bring a gender-based discrimination claim, she reported to the president who is female and to whom she is very close, which makes it difficult for her to bring a harassment claim against her former boss. When my nephew complimented a TABLE employee at lunch about how young she looked – in response to saying she was going to her 40-year-old sister’s birthday party, he said ‘she must be your older sister’ – Ronda immediately reported it to our external HR lawyer. She thereby began building her case. The other problem for Ronda bringing a claim is that she was terminated alongside 30% of other TABLE employees as part of a restructuring so it is very difficult for her to say that she was targeted in her termination or was retaliated against. TABLE is now hiring an external fractional general counsel as that is all the company needs to process the relatively limited amount of legal work we do internally. In short, Ronda was eminently qualified and capable and did her job. She was just too much horsepower for what is largely an administrative legal role so she had to come up with something else to bring a claim. Now Ronda knew I was a good target and it was a good time to bring a claim against me. She also knew that I was under a lot of pressure because on March 4th when Ronda was terminated, my daughter had not yet emerged from consciousness, she was not yet breathing on her own, and my daughter and we were fighting for her life. I was and remain deeply engaged in her recovery while at the same time I was working on finishing the closing for the private placement round for my upcoming IPO. Ronda also knew that publicity about supposed gender discrimination and a “hostile and unsafe work environment” are not things that a CEO of a company about to go public wants to have released into the media. And she may have thought that the nearly $2 million she was asking for would be considered small in the context of the reputational damage a lawsuit could cause, regardless of the fact that two years of severance was an absurd amount for an employee who had only worked at TABLE for 30 months. She also likely considered that I wouldn’t want to embarrass my nephew by dragging him into the klieg lights when her claims emerged publicly. So, in summary, game theory would say that I would certainly settle this case, for why would I risk negative publicity at a time when I was preparing our company to go public and also risk embarrassing my nephew. Notably, she hired a Silicon Valley law firm, rather than a typical NY employment firm. This struck me as interesting as her husband works for one of the most prominent Silicon Valley venture firms whose CEO, I am sure, has no tolerance for these kinds of fake claims that sadly many venture-backed companies also have to deal with. I mention this as I suspect her husband likely has been working with her on the strategy for squeezing me as, in addition to being a computer scientist, he is a game theorist. My only advice for him is to understand more about your opponent before you launch your first move. All of the above said, gender, race, LGBTQ and other such discrimination is a real thing. Many people have been harmed and deserve compensation for this discrimination, and these companies and individuals should be punished for engaging in such behavior. Which brings me to the advice I am seeking from the X community. I am not planning to follow the typical path and settle this ‘claim.’ Rather, I am going to fight this nonsense to the end of the earth in the hope that it inspires other CEOs to do the same so we shut down this despicable behavior that is a large tax on society, employment, and the economy and contributes to workplace discrimination rather than reducing it. Do you agree or disagree that this is the right approach?
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Jason
Jason@JasonDWeinstein·
@ClayTravis Ron Desantis. Smart attorney and a true constitutionalist.
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Jason
Jason@JasonDWeinstein·
@BudeJim We got the coolest yellow bird in our yuca when it bloomed like that.
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CR Volcano
CR Volcano@BudeJim·
Pura Vida 🤙🏼
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Jason
Jason@JasonDWeinstein·
@lt4kicks In the old system, I believed if the coach left, the player should be able to transfer w/o penalty. We agree current system is broken. But where do we draw the line? Are position coaches included? Strength and conditioning? Nutritionist?
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Lawrence Tynes
Lawrence Tynes@lt4kicks·
Can college coaches only transfer 1 time over a 5 year period without having to sit out a season?
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Jason
Jason@JasonDWeinstein·
@spencertbarber Losing the listing site point2 was a real detriment to the real estate market in CR. It’s coming back under a new owner but it isn’t the same.
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Spencer Barber
Spencer Barber@spencertbarber·
Building housing for sale and rent in Utah required nearly no marketing skills. I would just place things on renter or the mls and the job was done. I've known that building in a remote location would require online marketing. As we've started preparing for an online marketing campaign, I'm starting to wonder why I did real estate. Online marketing is WAY more fun.
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Jason
Jason@JasonDWeinstein·
@CanokieS @money_cruncher You’re exactly right. And they don’t audit the entire return; they have to specify what they are questioning. They don’t examine all you deductions but they’ll look at this tax credit or advertising spend on a business. And the scope is limited to that.
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Canokie Snowback
Canokie Snowback@CanokieS·
@money_cruncher I've always been curious about this. Does the risk really go down, or are there just far fewer high earners? Percentage of bracket audited may help perhaps. Thanks for sharing this!
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The Money Cruncher, CPA
The Money Cruncher, CPA@money_cruncher·
IRS closed ~440k tax audits in 2024. Most of the audits are for people making $0-$50,000 Small businesses with lots of deductions, earned income tax credits, etc Audit risk generally goes down as your income goes up.
The Money Cruncher, CPA tweet media
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Jason
Jason@JasonDWeinstein·
@money_cruncher Why don’t you look at the number is filers in each income bracket? There are fewer audits as incomes increase because there are fewer filers as incomes increase.
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Jason
Jason@JasonDWeinstein·
@CREwithGarrett @Jacob_Naviaux How about a quick and easy garnishment system? The problem there is once the govt starts to fund that and you know they will via grants/programs and from benefits, fraud will explode.
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Garrett Pierson
Garrett Pierson@CREwithGarrett·
@Jacob_Naviaux Deposit caps were designed to protect tenants from predatory landlords but the unintended consequence is landlords tightening screening so hard that qualified tenants still can't get in. If the goal is access, this rule isn't achieving it. What would you replace it with?
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Jacob Naviaux
Jacob Naviaux@Jacob_Naviaux·
One rule that makes no sense in rentals: Landlords should be able to charge more than 2 months’ rent for a security deposit. If I’m renting a house for $1,500/mo and only collecting a $3,000 SD… That barely covers paint if a tenant trashes the place. We let the market decide rent… Why not deposits too? If anything, cap it higher (something crazy high like 12 months) and let supply/demand sort it out.
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Jason
Jason@JasonDWeinstein·
@BowTiedPassport It’s the new American dream. Tort reform is the only way out of it but lawyers (litigators) are the biggest single group of donors to the dems.
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Jason
Jason@JasonDWeinstein·
@jtatkins @MyLatinLife Latvia chased foreign deposits from its independence to the middle of the last decade. It isn’t hard to assume where most of those deposits were based.
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My Latin Life 🌴
My Latin Life 🌴@MyLatinLife·
List of Prohibited 🚨 countries on Mercury bank: Afghanistan Albania Angola Bangladesh Belarus (Republic of Belarus) Bhutan Bosnia & Herzegovina Burkina Faso Burundi Cambodia Cameroon Central African Rep Congo (the Democratic Republic of the) Congo (the) Croatia Eritrea Gambia Haiti Indonesia Iraq Kyrgyzstan Latvia Lebanon Lesotho Liberia Libya Maldives Mali Mozambique Myanmar (Burma) Nepal Nicaragua Nigeria Pakistan Palestine (State of) Philippines Russia (Russian Federation) Somalia South Sudan Sudan (the) Syria (Syrian Arab Republic) Ukraine Uzbekistan Vanuatu Venezuela (Bolivarian Republic of) Vietnam Yemen Zimbabwe
Florian Darroman@floriandarroman

This sucks a lot @mercury Why would you let me create an account, link all my expenses and incomes to it. Then close it? It is a business account, my business is in US. Why would my personal address matter?

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Jason
Jason@JasonDWeinstein·
@jtatkins @MyLatinLife It’s a convenient locale for Russian money launderers avoiding sanctions.
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Jason
Jason@JasonDWeinstein·
@AmericanAir Thank you. The purser on this flight was a really poor representation of your brand.
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americanair
americanair@AmericanAir·
@JasonDWeinstein We've sent your comments and the flight details to the Inflight leaders to look into.
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Jason
Jason@JasonDWeinstein·
@AmericanAir is this normal and acceptable? AA1338. Your flight attendant was about as hospitable as a MTA bus driver and couldn’t be bothered to stop this behavior. And this is during meal service.
Jason tweet mediaJason tweet media
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Jason
Jason@JasonDWeinstein·
@Tyler_Menzer In my home improvement days we didn’t give free advice on the phone. We got the pain points, gently qualified the customer and then went out to reinforce the pain so we could be the savior. It’s about the service and not the product
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Tyler Menzer
Tyler Menzer@Tyler_Menzer·
@JasonDWeinstein Clients who value and understand professional experiance are going to be paying for it, not asking how to save a quick buck for free online
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Tyler Menzer
Tyler Menzer@Tyler_Menzer·
CPAs and EAs for the last 5 years: I have cut my client list by 25%, increased fees by 50%, and doubled Net income Online Marketers: Can I offer you a way to get leads on the worst possible set of clients?
Collin Rutherford@collin_ruth89

You spent years earning your CPA license. Passed one of the hardest exams in professional services. Built real expertise that business owners desperately need. And you're getting outmarketed by a business coach with a Canva template. Here's the uncomfortable truth: 670,000 licensed CPAs in the United States. Less than 1% have a real personal brand on LinkedIn or X. Meanwhile, business owners are on both platforms every single day asking: "How do I reduce my tax bill?" "When should I switch to an S-Corp?" "How do I know if my accountant is actually good?" The CPA who shows up consistently with real answers becomes the obvious choice. The numbers don't lie: → 80% of B2B buyers research service providers on LinkedIn before reaching out → CPAs with an active personal brand charge 40–60% more than those without → Average retainer client LTV for a well-positioned CPA: $50,000–$150,000+ The opportunity is sitting right there. Completely unclaimed. Why aren't more CPAs doing this? "I'm too busy during tax season." "My clients aren't on social media." "Personal branding feels unprofessional for accounting." Every single one of these is a myth. Your clients ARE on LinkedIn and X right now. They're forming opinions about who to trust with their finances based on what they read online. The only question is whether your name comes up when they're looking. The window is open right now. In 2–3 years, more CPAs will figure this out. The ones who start today will have compounding authority, established audiences, and full pipelines. The ones who wait will be playing catch-up in a much more crowded space.

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Jason
Jason@JasonDWeinstein·
It’s not about giving free advice. Anything free devalues your service. The best marketing finding your niche, being an expert in that space and people come to you. Social media reinforces that expertise. People will pay a lot more when you are solving a problem, not providing a service. The sales part is making them feel the pain so you can alleviate it
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Tyler Menzer
Tyler Menzer@Tyler_Menzer·
@JasonDWeinstein I am not saying all marketing is bad, but out of all of the best clients I had when in PA, exactly 0 were on LinkedIn, and certainly 0 were asking for free advice social media The reason they were the best clients is that they were willing to pay for professional advice
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