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'Stupid,' 'shameful:' Tech workers on Y Combinator CEO Garry Tan's rant

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Re: 'Stupid,' 'shameful:' Tech workers on Y Combinator CEO Garry Tan's rant

#171

Post by bsder »

onepointsixC wrote: post #151
hughesjj wrote: post #52

I had no idea who Dan Preston was until Tan complained about him, but given > In 2022, Preston proposed a ballot measure to tax vacant housing in San Francisco. I think I might just love the guy. Thanks for the awareness campaign Garry!

Perhaps I could interest you in some rent control too.

Taxing vacancies breaks the rent logjam caused by financing agreements that allow you to tack missing rent onto the end but require recapitalization for lower rent.

Individuals and small landlords raise or lower rents in response to market conditions as they prioritize cash flow--it's very difficult to make up for lost rent. It's the private equity financed stuff that is artifically keeping rents too high as they have enough cash to ride across an empty property almost indefinitely.

Vacancy taxes stop the idiocy and force the private equity financed stuff to be market responsive as well.

Re: 'Stupid,' 'shameful:' Tech workers on Y Combinator CEO Garry Tan's rant

#174

Post by epcoa »

minimaxir wrote: post #60
cj wrote: post #44

As a YC alum who worked with Gary Tan directly, this is… odd. Anyone who knows Gary knows he’s a (relatively) gentle human being. I can’t imagine him hurting a fly. His tweets seem totally out of character compared to the Gary Tan I personally knew. Maybe he has changed? I’m inclined to give him the benefit of the doubt.

It's more the state of modern social media. Post Elon acquisition, many influential tech figures have discovered that being a provocateur on Twitter/X is more consistently successful at building an audience than genuine insight.

> Post Elon acquisition

Eh? Trump was never there post Elon acquisition. I don’t think that timing makes sense. The tone of Twitter has been like this for years if not the beginning.

Re: 'Stupid,' 'shameful:' Tech workers on Y Combinator CEO Garry Tan's rant

#175

Post by bsder »

tempsy wrote: post #167
Sabinus wrote: post #156

Earlier quoted context omitted.

Ruins market mechanisms too much. Taxing vacancies doesn't ruin the supply and demand equations.

it unfairly punishes property owners in soft rental markets like the one we have now. i’ve seen an unusual number of multifamily properties listed all over SF last few months.

So? Then they need to lower the damn rent.

This idea that rising property values is a God-given right needs to stop.

Capitalism is supposed to work BOTH directions--up and down.

Re: 'Stupid,' 'shameful:' Tech workers on Y Combinator CEO Garry Tan's rant

#176

Post by bane »

cj wrote: post #44

As a YC alum who worked with Gary Tan directly, this is… odd. Anyone who knows Gary knows he’s a (relatively) gentle human being. I can’t imagine him hurting a fly. His tweets seem totally out of character compared to the Gary Tan I personally knew. Maybe he has changed? I’m inclined to give him the benefit of the doubt.

With some people, there's a big difference between their outside voice and their inner monologue.

Re: 'Stupid,' 'shameful:' Tech workers on Y Combinator CEO Garry Tan's rant

#177

Post by anigbrowl »

rayiner wrote: post #4

> Tan, for his part, apologized over the weekend, noting that his post was a reference to a Tupac Shakur lyric How famous does someone have to be joke about a politician dying before it’s a problem? Tan is less famous than Charlie Sheen or Johnny Depp, who have joked about Trump dying. Also, from Wikipedia: “Tan supported the 2022 recall campaign against progressive San Francisco District Attorney Chesa Boudin. Tan d…

Tan blamed Boudin for physical attacks on Asians.”

There’s a fair argument that Tan is joking about violence against people whose policies are facilitating actual violence.

Were that so, why would there be a rise in crime targeted at Asians across the the US in recent years?

https://www.pbs.org/newshour/nation/a-year-after-atlanta-and...

Re: 'Stupid,' 'shameful:' Tech workers on Y Combinator CEO Garry Tan's rant

#178

Post by tysam_and »

stevenAthompson wrote: post #124
honeybadger1 wrote: post #99

Earlier quoted context omitted.

A tweet is a thought with cheap delivery, therefore offers no insight at all. It's just like an anecdote from executive leadership to get something over the line to meet a goal. That person has absolutely forgot they said it the next day.

Twitter is bad. Failing to grok that is also bad. What is your point?

This message confused me on a few dimensions, so I translated it a bit:

"State subjective perspective as objective fact. Cast shame upon the OP for not pre-aligning with said belief. Put the responsibility on the OP to prove that they are not deserving of shame."

I grew up in an environment where this kind communication was sort of the default, hence why I was curious and wanted to drill down a bit and give it some thought. Of course, many people agree that Twitter is more unhealthy than healthy. But that's not entirely the point here, I think.

Re: 'Stupid,' 'shameful:' Tech workers on Y Combinator CEO Garry Tan's rant

#179

Post by tempsy »

bsder wrote: post #175
tempsy wrote: post #167

Earlier quoted context omitted.

it unfairly punishes property owners in soft rental markets like the one we have now. i’ve seen an unusual number of multifamily properties listed all over SF last few months.

So? Then they need to lower the damn rent. This idea that rising property values is a God-given right needs to stop . Capitalism is supposed to work BOTH directions--up and down.

not sure what you’re talking about but rents in SF are still very much down vs 2019

market has demonstrated plenty it can lower rents as is

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