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tempsy

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Stripe’s new funding round values company at $35B

wsj.com
709 points·by tempsy·7 anni fa·253 comments

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tempsy
·2 anni fa·discuss
How many years do you have to go back to find 1 company that is on par with a dropbox or airbnb

i feel like if you went back 5 years it would be hard to even find more than 1-2 companies that has achieved a moderate level of mainstream success in the same way
tempsy
·2 anni fa·discuss
well no because his 2040 prediction assumed 20 years not 25
tempsy
·2 anni fa·discuss
That’s an old tweet from 2 weeks ago.
tempsy
·2 anni fa·discuss
if he does 85% and after accounting for the year and a half he’s already been in prison he’ll probably get out by 50
tempsy
·2 anni fa·discuss
85%
tempsy
·2 anni fa·discuss
There’s no parole in federal cases
tempsy
·3 anni fa·discuss
the more outwardly successful someone is by modern standards (ceo, celebrities, other powerful people) the more likely it is they are ethically compromised in some way

you don't reach the top without screwing over a lot of people along the way
tempsy
·3 anni fa·discuss
There’s 50M-60M people between California and NYC.

At this point making “mid six figures” hardly makes you rich. You don’t have to be the top 1% to see a tax rate higher than the one you stated.

Point is arguing that Americans are low taxed when the highest paying jobs are concentrated in high tax states and cost of living is much higher ignores reality for many Americans who pay as much or more than Europeans.
tempsy
·3 anni fa·discuss
Anyone living in California or NYC and making mid six figures and up is easily paying more than German tax rates then. You’re paying almost 50% around high six figure range.

I’ve never quite understood why people think the US is a low tax country.
tempsy
·3 anni fa·discuss
yes, in early march https://x.com/innercitypress/status/1720228112695189509?s=20
tempsy
·3 anni fa·discuss
there’s an appeal process
tempsy
·3 anni fa·discuss
Eh disagree. Holmes got more than 10 years but she didn’t even try to profit by selling shares or borrowing against shares to buy a bunch of things. The scale of the financial fraud is enormous and on top of that they spent hundreds of millions of it on luxury items and influence peddling.

Would be shocked if he got less than Holmes.
tempsy
·3 anni fa·discuss
There’s a second trial around the same time for all the illegal political donations he made.
tempsy
·3 anni fa·discuss
I think no less than 20 years but not sure about life either.

SBF did not do himself any favors with his smug attitude that caused the judge himself to scold him several times during his examination. If he was a little more remorseful I could’ve seen some more leniency but the Judge did not like his attitude from what I could read following his testimony.
tempsy
·3 anni fa·discuss
Seems like a big deal but have not heard it come up til now? Maybe cause tax season?
tempsy
·6 anni fa·discuss
Have you seen $GSX, a publicly traded $20B stock on Nasdaq that claims it's growing faster than early Google or Facebook and has been the subject of 5-6 short seller reports and an ongoing SEC investigation?
tempsy
·6 anni fa·discuss
I wonder if this will mean a bunch of new car buyers in CA...which would ironically be good for the economy/recovery effort.
tempsy
·6 anni fa·discuss
So many startups seem to be blowing up right now. Amazing how fragile the whole ecosystem was.
tempsy
·6 anni fa·discuss
No mobile website has match the performance of native though
tempsy
·6 anni fa·discuss
Isn’t this what B8ta does, which I haven’t heard much criticism of or about?