@paulg This is one of use-cases of Minut: https://t.co/mlouvX5lSm
Our main use case is for protecting communities from the negative impact of short-term rentals, but we've had councils and even some community groups install our sensors to assess the impact of concert venues and traffic.
Kudos to the VC that messaged at 2.30a to cancel our morning meeting at Slush due to "very active due diligence" which I have to presume was in-person.
#Slush2024
@DanNeidle Imagine the distress of a family who just scraped together enough savings for their forever-homeβonly to see SDLT abolished and replaced with a high property tax
Replace it with CGT on all property transactions instead and exempt people who already paid SDLT. That would be fair.
@DanNeidle That's not surprising. Capital moves fast with incentives but building business is comparatively slow.
If we set up an environment that is conducive to entrepreneurship we eventually get a vibrant ecosystem and iconic companies. If you don't, you get economic stagnation.
@DanNeidle The right way to think about it is just common sense.
If you raise taxes on alcohol, people drink less, if you raise it on labour, people work less.
Discouraging entrepreneurship seems stupid considering it's the economic engine from which people like you live off.
@DanNeidle It's naive to think you would see a direct correlation between tax rates and entrepreneurship when other factors are so much more important.
People are mostly motivated by making a difference in the world and there's a decade delay between starting a paying your taxes.
@DanNeidle What you're suggesting is a worse deal for entrepreneurs. Compare getting paid 50K a year vs 500K in a lump sum after ten years. The entrepreneur would be taxed higher than the worker, and that will discourage people from taking risk with bad consequences for the whole economy.
@DanNeidle If you don't see the exodus of European entrepreneurs to the US you're not looking.
The environment government creates matters massively, where startups are encouraged and entrepreneurs celebrated you get more of it, and more investment and job creation.
@DanNeidle Tech entrepreneurs forgo secure salaries for years, which is fully equivalent to risking capital.
If you punish people willing to take risk, they will still start companiesβjust not in the UK. Jobs and investment will follow the entrepreneurs to the countries that welcome them.
@aleksj The only ones who could give evidence or dispel rumours would be Trustpilot themselves.
The right move would be to open-source the algorithm so people could understand and verify how it works.
Steve was one of the good ones.
He covered the @MinutHQ Series A and was one of few journalists who took the time to understand how we protect privacy from the early days. ππ»