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AustenAllred's profile
Austen Allred
Austen Allred
Austen Allred
Verified account
@AustenAllred

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Austen AllredVerified account

@AustenAllred

CEO @LambdaSchool (YC S17): A CS education that's free until you get a job. I have made remarks that I do not agree with.

San Francisco, CA
lambdaschool.com
Joined December 2010

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    1. Joseph Fink  🐞‏ @PlanetofFinks Jun 13

      Jeff Bezos and Elon Musk do a ton of objectively bad stuff, but I just want to be clear that the mere act of holding onto that much money in a world with this much inequality is in itself a brutally evil action, and alone makes them bad people.

      414 replies 12,473 retweets 45,172 likes
    2. Austen Allred‏Verified account @AustenAllred Jun 14
      Replying to @PlanetofFinks

      That’s not how money works

      3 replies 5 retweets 228 likes
    3. Joseph Fink  🐞‏ @PlanetofFinks Jun 14
      Replying to @AustenAllred

      Joseph Fink  🐞 Retweeted "Islamic succubus"

      you're literally just this tweethttps://twitter.com/haircut_hippie/status/804186152471265280 …

      Joseph Fink  🐞 added,

      "Islamic succubus" @haircut_hippie
      (you, dumb): we should pay workers more (me, has taken econ 101): you see where this line meets that line? that's why the poor should starve
      1 reply 6 retweets 268 likes
    4. Austen Allred‏Verified account @AustenAllred Jun 14
      Replying to @PlanetofFinks

      And you apparently think that Musk and Bezos have that money sitting in a piggy bank somewhere, not entirely reinvested into hiring people to try and create more stuff 🤔

      5 replies 4 retweets 139 likes
    5. Joseph Fink  🐞‏ @PlanetofFinks Jun 14
      Replying to @AustenAllred

      Austen my bud I know how money works but if you think they have it entirely reinvested into hiring people and creating stuff, then let's be clear: you don't.

      5 replies 2 retweets 239 likes
    6. Austen Allred‏Verified account @AustenAllred Jun 14
      Replying to @PlanetofFinks

      As a percentage, how much of their net worths do you think is sitting in a bank, and how much do you think is already redeployed (or just a market cap calculation that was never realized in cash in the first place)?

      7 replies 1 retweet 85 likes
    7. Doug Boutwell‏ @dougboutwell Jun 14
      Replying to @AustenAllred @PlanetofFinks

      It’s not about whether billionaires invest their money or put it under the mattress. “But they contribute to the economy!” doesn’t mean it’s morally right for any one person to have astronomically more power than everyone else. It’s anti-democratic, at its core.

      6 replies 0 retweets 97 likes
    8. Austen Allred‏Verified account @AustenAllred Jun 14
      Replying to @dougboutwell @PlanetofFinks

      Why?

      1 reply 0 retweets 13 likes
    9. Doug Boutwell‏ @dougboutwell Jun 14
      Replying to @AustenAllred @PlanetofFinks

      We invented democracies to avoid having kings. Billionaires may not wear crowns, but functionally, they are about the same. No human is a million times better than any other, and it produces worse outcomes for society to pretend otherwise.

      3 replies 9 retweets 135 likes
      Austen Allred‏Verified account @AustenAllred Jun 14
      Replying to @dougboutwell @PlanetofFinks

      Disagree. Someone having more money does not make them better. People become billionaires when they create billions of dollars of value. I’m OK with that.

      2:43 PM - 14 Jun 2018
      • 33 Likes
      • Jed Ochmanek bodmonbeatz 🍃🇯🇲 Mike Sadikian Enrique Arellano E. Harding (hail Bolsonaro!) Goran Đukić Niraj Joshi
      11 replies 0 retweets 33 likes
        1. New conversation
        2. jody‏ @jbgene Jun 14
          Replying to @AustenAllred @dougboutwell @PlanetofFinks

          It is not just OK. It is precisely how US became so prosperous and will stay that way. The chance of hitting it big motivated many of the inventions on which we all depend: like our massive food supply and this social network we are all bitching into. Nevertheless, too (cont'd)

          1 reply 1 retweet 2 likes
        3. jody‏ @jbgene Jun 14
          Replying to @jbgene @AustenAllred and

          much old money was made off slave labor and raping the earth. Too little new & old money is used to address social & environmental issues. Bezos has focused millions on the former. Musk has focused billions on the latter. But obviously more of this wealth must be channeled better

          1 reply 0 retweets 1 like
        4. Spoodadoo‏ @spoodadoo23 Jun 14
          Replying to @jbgene @AustenAllred and

          We became the most powerful nation on the planet by having a shit load of natural resources due to having a very diverse climate across the country. AND we allowed oppressed people to enter. If Hitler isn’t an anti-Semite than Einstein probably gives Germany the atom bomb...

          1 reply 0 retweets 0 likes
        5. Austen Allred‏Verified account @AustenAllred Jun 14
          Replying to @spoodadoo23 @jbgene and

          The Soviet Union had just as many natural resources as the United States

          2 replies 1 retweet 1 like
        6. E. Harding (hail Bolsonaro!)‏ @Enopoletus Jun 17
          Replying to @AustenAllred @spoodadoo23 and

          mostly true. USSR could never have become the largest economy in the world, but could have increased its GDP/capita by 50% or so with better policies.

          0 replies 1 retweet 0 likes
        7. End of conversation
        1. New conversation
        2. Austen Allred‏Verified account @AustenAllred Jun 14
          Replying to @AustenAllred @dougboutwell @PlanetofFinks

          I shouldn’t say only when. That’s one of the ways. Having billions of dollars is not entrinsically evil.

          1 reply 0 retweets 1 like
        3. Scienceeeeee‏ @Celtics0215 Jun 14
          Replying to @AustenAllred @dougboutwell @PlanetofFinks

          Fully agree, Austen. Most of their net worth has been built on, and is still held in, their equity in the enterprises that they’ve built

          2 replies 0 retweets 1 like
        4. nolan‏ @nolansordyl Jun 15
          Replying to @Celtics0215 @AustenAllred and

          most of their net worth is built on exploiting labor. i bet those workers who aren’t allowed a bathroom break are SO happy about Jeff’s newest $3b

          1 reply 0 retweets 3 likes
        5. Scienceeeeee‏ @Celtics0215 Jun 15
          Replying to @nolansordyl @AustenAllred and

          How? FYI I hate Trump and I voted HRC but these comments are absurd. Have you actually followed how Bezos Built his co over the years?

          2 replies 0 retweets 0 likes
        6. Scienceeeeee‏ @Celtics0215 Jun 15
          Replying to @Celtics0215 @nolansordyl and

          Have you followed their profitability over the years? They’ve had practically zero margins over the years. Bezos cash salary is low

          1 reply 0 retweets 0 likes
        7. nolan‏ @nolansordyl Jun 15
          Replying to @Celtics0215 @AustenAllred and

          it’s so low that he’s trying to build a rocket ship because he can’t think of literally anything else to do with his “amazon winnings” because they’re just that huge?

          0 replies 0 retweets 0 likes
        8. End of conversation
        1. New conversation
        2. Limertilly‏ @limertilly Jun 15
          Replying to @AustenAllred @dougboutwell @PlanetofFinks

          You don't think our entire society functions on the belief that having more money is causally related to "being a better person"? That's what money *is*, for goodness sake.

          1 reply 0 retweets 5 likes
        3. Nicolas Warmke‏ @ndwarmke Jun 15
          Replying to @limertilly @AustenAllred and

          If you think that’s what money is you are a sad person. That means you literally think less of poor people lmao

          1 reply 0 retweets 2 likes
        4. Limertilly‏ @limertilly Jun 15
          Replying to @ndwarmke @AustenAllred and

          You've absolutely misinterpreted me there. Society is set up in such a way that that is the meaning of money. I despise that about society and money both. But governments all over the world demonstrate every day that they think less of poor people.

          0 replies 0 retweets 7 likes
        5. End of conversation
        1. New conversation
        2. Connor‏ @connorspear21 Jun 15
          Replying to @AustenAllred @dougboutwell @PlanetofFinks

          There’s an exception to this. Musk/ Bezos are better than others. They’ve proved it. They’ve contributed more to society than others and in return they’ve made a much larger sum. Better people? Questionable. Better entrepreneurs? Yes. Capitalist society they should be rewarded.

          1 reply 0 retweets 3 likes
        3. Dave The Happy Singer‏ @HappySinger Jun 16
          Replying to @connorspear21 @AustenAllred and

          https://en.m.wikipedia.org/wiki/Survivorship_bias …

          1 reply 0 retweets 1 like
        4. Connor‏ @connorspear21 Jun 16
          Replying to @HappySinger @AustenAllred and

          Sending a link is the same as not being able to explain a view you have. Summarize and send your view back to me. Think for yourself.

          1 reply 0 retweets 3 likes
        5. Dave The Happy Singer‏ @HappySinger Jun 16
          Replying to @connorspear21 @AustenAllred and

          Musk and Bezos haven't proved they are better entrepreneurs simply because they are ones whose dotcoms were left standing.

          1 reply 0 retweets 1 like
        6. Connor‏ @connorspear21 Jun 16
          Replying to @HappySinger @AustenAllred and

          Look at bezos stock increase in the past five years and how he’s changed ordering goods/ supply’s online. Musk is the first privately owned company to reach space and is making advancements in transportation that no one has done.

          1 reply 0 retweets 1 like
        7. Dave The Happy Singer‏ @HappySinger Jun 16
          Replying to @connorspear21 @AustenAllred and

          These points tend to reinforce my view rather than change it.

          0 replies 0 retweets 6 likes
        8. End of conversation

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