Jen Anderson

Co-founder & CEO, Navable

[Jen Anderson @Anderjen]

@myfirstmilpod @chadjanis Unfortunately women often don’t get the access quite like this

[Jen Anderson @Anderjen]

No imposter syndrome here! Just say you are something, have ChatGPT make a roadmap, and suddenly... you are

[Wall Street Rollup @WallStRollup]

Allbirds has raised $50mm to pivot its business to AI compute infrastructure

Allbirds now has a long-term vision to become a fully integrated GPU-as-a-Service (GPUaaS) and AI-native cloud solutions provider

[Jen Anderson @Anderjen]

@tferriss Money Pit. Still holds up

[Jen Anderson @Anderjen]

@halstonvalencia Way better than the essay the tech bros are passing around like a joint at a Phish concert

[Halston @halstonvalencia]

https://t.co/6cHaOhOrcM

[Jen Anderson @Anderjen]

@mercury can't access your app.

[Glenn Greenwald @ggreenwald]

We covered this in 2024 when the WTA banned Vukov as Rybakina's coach, instigated by accusations from Pam Shriver and others who did not know Rybakina.

It had implications beyond tennis: it was "feminism" weaponized to deny an adult woman's autonomy.

[Jen Anderson @Anderjen]

@MBGilroy @rexsalisbury Mercury reissued when they had to get away form Evolve

[Jen Anderson @Anderjen]

@Andrey__HQ @flowidealism I’m organizing Teens in Tibet- a new service for your teen to become a monk for a year. They’ll be accompanied by an Admssuons Consultant with a direct feeder pipeline to Brown, Harvard, Yale who will assist with college essay and application refinement throughout the trip.

[Mark Cecchini, CFP® @markcecchini]

COMMANDER: We’re fighting for freedom. And part of that freedom… is the freedom to retire with dignity. So we’re going to start accounts called 401(k)s.

SOLDIER 1: What’s a 401(k)?

COMMANDER: It’s a retirement account. You put money in, it grows tax-free, you take it out when you’re old.

SOLDIER 2: So I don’t pay taxes on it?

COMMANDER: Well, you pay taxes later. When you withdraw.

SOLDIER 2: So it’s not tax-free.

COMMANDER: It’s…tax-deferred.

SOLDIER 2: What’s the difference?

COMMANDER: You pay taxes later instead of now.

SOLDIER 1: What if I want to pay taxes now?

COMMANDER: Then you do a Roth 401(k).

SOLDIER 3: What’s a Roth?

COMMANDER: You pay taxes now, and it grows tax-free.

SOLDIER 2: That’s what I thought the first one was.

COMMANDER: No, the first one you pay taxes later.

SOLDIER 1: Which one’s better?

COMMANDER: Depends on your tax bracket in retirement.

SOLDIER 1: …How would I…know that?

COMMANDER: You don’t. You just guess.

⸻

SOLDIER 4: What if I don’t have a 401(k) through my employer?

COMMANDER: Then you open an IRA.

SOLDIER 4: What’s the difference?

COMMANDER: One’s through your job, one’s on your own.

SOLDIER 4: Can I have both?

COMMANDER: Yes.

SOLDIER 4: Should I?

COMMANDER: Maybe.

SOLDIER 3: Can I do a Roth IRA?

COMMANDER: Only if you make under a certain amount.

SOLDIER 3: What’s the limit?

COMMANDER: Changes every year.

SOLDIER 2: What if I make too much?

COMMANDER: Then you do a backdoor Roth by putting it in a Traditonal first.

SOLDIER 2: …Is that legal?

COMMANDER: Surprisingly, yes.

SOLDIER 1: What’s a backdoor Roth?

COMMANDER: You contribute to a traditional IRA, then convert it to a Roth…but watch out for “pro rata”.

SOLDIER 1: Why wouldn’t I just contribute to the Roth directly?

COMMANDER: Because you make too much money.

SOLDIER 1: But this way I can?

COMMANDER: Yes.

SOLDIER 1: That feels like a loophole.

COMMANDER: It is. But the IRS is cool with it.

⸻

SOLDIER 5: I just changed battalions. What do I do with my old 401(k)?

COMMANDER: You roll it over.

SOLDIER 5: Into what?

COMMANDER: An IRA. Or your new 401(k). Depends.

SOLDIER 5: On what?

COMMANDER: The funds. The fees. Whether your new plan accepts rollovers.

SOLDIER 5: What if I just take the money out?

COMMANDER: You’ll pay taxes plus a 10% penalty.

SOLDIER 5: What if I’m 59?

COMMANDER: Penalty.

SOLDIER 5: 59 and a half?

COMMANDER: No penalty.

SOLDIER 5: …The half matters?

COMMANDER: The half matters.

⸻

SOLDIER 3: What’s a mega backdoor Roth?

COMMANDER: Okay. So. Your 401(k) has a limit of how much you can contribute.

SOLDIER 3: Right.

COMMANDER: But the total limit including employer contributions is higher.

SOLDIER 3: Okay…

COMMANDER: So if your plan allows ~after-tax~ contributions, you can put in more, then convert that to Roth.

SOLDIER 3: Does my plan allow that?

COMMANDER: I don’t know. You have to ask Betsy.

SOLDIER 3: Will Betsy know?

COMMANDER: Probably not.

⸻

SOLDIER 2: Can I deduct my IRA contribution on my taxes?

COMMANDER: Are you covered by a retirement plan at work?

SOLDIER 2: Yes.

COMMANDER: Then only if you make under a certain amount per year.

SOLDIER 2: What’s the amount?

COMMANDER: Depends if you’re married.

SOLDIER 2: What if my wife has a plan but I don’t?

COMMANDER: Different limit.

SOLDIER 2: What if neither of us has a plan?

COMMANDER: Full deduction.

SOLDIER 2: So it’s better to not have a 401(k)?

COMMANDER: No…

⸻

SOLDIER 1: Can I just keep my money in a sock?

COMMANDER: You could. But inflation will slowly destroy it.

SOLDIER 1: What’s inflation?

COMMANDER: (sighs)…

[Jen Anderson @Anderjen]

@PEoperator Why do the banks continue to lend to them w non-recourse loans they can walk away from? How do the banks and creditors make money?

[Jen Anderson @Anderjen]

@ankurnagpal If you've bought BTC at several price points, are you allowed to cherry pick so that you are in fact booking the capital loss (ie- my most recent BTC purchases are underwater but not my much earlier purchases).

[Jen Anderson @Anderjen]

@ankurnagpal Please send thanks

[Jen Anderson @Anderjen]

@businessbarista When you have 2 screaming toddlers let me know if you change your mind on the shopping cart in parking lot one :)

[Jen Anderson @Anderjen]

@ClubRandom_ @billmaher @WilliamHMacy Does bill ask him about the college scandal and what he knew? Of which obviously he knew. And let his wife be the scapegoat. What a Hollywood prick

[Jen Anderson @Anderjen]

@techsalesguy How did you figure out which potential partners shared 3 or more customers with you?

[Nick Gray @nickgraynews]

People with interesting lives have no vanity. They:

- swap cities
- start new projects with no guarantees
- are interested in people who are their polar opposites
- resign without having another job in sight
- accept invitations to do things they have never done before
- are prepared to change their favorite color or their favorite dish

They start from zero countless times. They are not frightened about growing old.

They climb on stage, shear their hair, do crazy things for love, and buy one way tickets.

–as quoted by Gio Sguario or maybe Martha Medeiros, translated from Portuguese

[Jen Anderson @Anderjen]

@CollinRugg I was at that match with my daughter. I think that guy stole her Amex radio too. Great match

[Chamath Palihapitiya @chamath]

Over the past 100 years:

The number of banks have gone from 28,000 to 4,500

The number of public companies in the US peaked ~8000 and has since shrunk to ~6000

Meanwhile the amount of regulation and regulatory agencies have exploded.

Regulation, at the limit, strangles entrepreneurs, smaller businesses and public companies in favor of consolidators, large rollups and administrators.

We need a regulatory reset.

[Jen Anderson @Anderjen]

@AndrewDamitio Regulators gotta regulate. They can’t help themselves or continue empire-building if they don’t continuously write such nonsense