mattval

[Blake Byers @byersblake]

This is the best summary of the personal impact of the California Wealth Tax I've seen. Founders, if you have super voting shares, your tax liability may be substantially higher than your net worth. Private company shareholders, especially those in heavy industries, face a similar risk. Note this tax can apply to founders and shareholders with far less than $1B in net worth as well. As a lifetime Californian, this pains me to say, but founders of any unicorn company or any startup that could become a unicorn this year, really need to start planning a potential move or many will face 30-50%+ wealth taxes and potential bankruptcy. I'm still hopeful that voters will see the serious negative impact on California's tax revenue, services and jobs and will vote this proposition down... but it's so egregiously bad that you need a backup plan.

https://t.co/Y1rpHUDB3J

[The All-In Podcast @theallinpod]

David Friedberg: “ What if we could make all residential electricity free in the United States?”

“We consume, in this country, about 4 trillion kilowatt hours of electricity.”

“1/3 of that, $250B, is residential consumption.”

“2/3 of that, $500B, is industrial and commercial consumption.”

“Theoretically, you could increase the price on industrial and commercial consumption by ~50% and make all residential electricity in the United States free.”

“And then on the commercial and industrial side, the reason you would then have an incentive to build private power systems would be that you can bring your costs down.”

“And instead of centralizing all of this with the utilities, what it can do is it can force a market demand for industrial and commercial users to build their own power systems, which would increase overall electricity supply in the United States.”

“The data centers are the tip of the iceberg, but if you make this a pan industrial problem, then all of the industrial companies would have to take this path.”

[mattval @mattval]

@brian_armstrong @newlimit Awesome news! congrats!

[Brian Armstrong @brian_armstrong]

We’re working on extending human lifespan at @newlimit.

Our thesis is that major diseases are correlated with aging, so we may be able to prevent these by restoring function that was present in younger cells.

[David Sacks @DavidSacks]

I’m pleased to end the year by announcing that Craft Ventures has opened an Austin office. God bless Texas and happy new year!

[San Francisco Chronicle @sfchronicle]

On Monday, surfers flocked to Mavericks to ride the 30-foot waves.

🎥 courtesy Jack Persons

[mattval @mattval]

@clear worst experience ever at ATX airport. you should rebrand to #unclear

[mattval @mattval]

@Clear worst experience ever at ATX airport. You should rebrand to #unclear

[Zach Anderson @zanderson]

Cheezit asleep at the wheel during this 8OT classic. @cheezit

[Tahoe Daily Snow @TahoeWeather]

The storm taking shape off of the coast this morning will bring precipitation from various parts of the system that develop thru Monday. That means 5-6 days of rain & snow. A mixed bag to start on Wednesday & then mostly rain Wed night-Friday before mostly snow Sat-Sun/Mon. (1/5)

[Mark Farrell @MarkFarrellSF]

Why is one of Chesa Boudin's consultants launching a smear campaign & website against me?

Because our opponents are scared.

They're scared I am gaining momentum & am going to win.

They are scared that I will break the status quo & deliver the real change our city deserves.

[Mark Farrell @MarkFarrellSF]

I love San Francisco. But, we do ourselves a disservice when we try to mask over the realities of the challenges we face.

Exhibit A: Residents & businesses shouldn't have to install a fence because of the City's failure to deter/stop illegal behavior.

https://t.co/MuGyxKE7Yd

[bettersoma @bettersoma]

I have a wild idea. Shut down the open air drug markets.

[Mark Farrell @MarkFarrellSF]

I'm running for Mayor for my family & for families across San Francisco.

Over the past 5 years, I’ve watched our beloved City crumble.

I have a clear vision for a safer, cleaner, & more vibrant San Francisco.

Join our campaign today: https://t.co/PuUndDsCia

[Ike Shehadeh 👑🥪 @IkeShehadeh]

Yo @ShoheiOhtani , let's do this! If you sign with the @SFGiants I will create a sandwich with you, you'll get free Ikes for life AND I'll change the name of the Ike's Love & Sandwiches to Shoei's Love & Sandwiches. Are you in? #shoheiohtani ##sfgiants #mlb #freegency #ikes

[mattval @mattval]

@MarkFarrellSF please run!

https://t.co/ilSBg7RqVd

[David Sacks @DavidSacks]

For years Gavin Newsom has blamed the homeless crisis on local officials or on the complexity of the system itself, even though he controls it all as the boss of a one-party state. Now he has proven that he can fix it if he wants to. No more excuses.

[SFGiants @SFGiants]

On this day nine years ago, Travis Ishikawa became the stuff of legends…

[San Francisco Chronicle @sfchronicle]

OPINION: "Our biggest barrier to replicating Zurich's drug policy model is one we have total control over: collaboration. Everyone in Zurich rows in the same direction," writes @nualabishari. https://t.co/gczuiS5Ei3

[SFGiants @SFGiants]

A Bay Area dream come true 🥺