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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. Austen Allred‏Verified account @AustenAllred Oct 21

      San Francisco is the municipal equivalent of raising tons of money to scale negative unit economics

      8 replies 12 retweets 277 likes
      Show this thread
    2. Kim-Mai Cutler‏Verified account @kimmaicutler Oct 22
      Replying to @AustenAllred

      Public goods often have negative unit economics (at least in the short/medium term). If they had positive unit economics, the private sector would’ve provided it already.

      4 replies 3 retweets 59 likes
      Austen Allred‏Verified account @AustenAllred Oct 22
      Replying to @kimmaicutler

      I meant it as an analogy, not literally. It feels like things are fundamentally broken organizationally and we try to solve with money.

      5:19 AM - 22 Oct 2018
      • 9 Likes
      • Michael Siliski Michael Frenkel Luke Waring Matt Parlmer 🌐🌷 📊 👨‍💻 🕵️🗯️🤖🧐 Sar Haribhakti Dundon Nicolas Colin 🇪🇺 ..........................wut
      1 reply 0 retweets 9 likes
        1. New conversation
        2. Kim-Mai Cutler‏Verified account @kimmaicutler Oct 22
          Replying to @AustenAllred

          Well, I dunno, when your whole country effectively uses homeownership as a social safety net in lieu of actually having a social safety net and therefore real estate is protected and enhanced as an asset class at literally every level of government and generally appreciates at

          3 replies 7 retweets 53 likes
        3. Kim-Mai Cutler‏Verified account @kimmaicutler Oct 22
          Replying to @kimmaicutler @AustenAllred

          5-7%/yr while wages have generally remained flat since the 1970s, you will just have a larger and larger share of people left out of this system over time and then you’ll also have to spend more money to re-house them via increasingly expensive rental subsidies, land acquisitions

          2 replies 2 retweets 29 likes
        4. Austen Allred‏Verified account @AustenAllred Oct 22
          Replying to @kimmaicutler

          ...that’s exactly what I’m talking about?

          1 reply 0 retweets 4 likes
        5. Nathan Baschez‏Verified account @nbashaw Oct 22
          Replying to @AustenAllred @kimmaicutler

          Sounds like a problem much larger than San Francisco

          1 reply 0 retweets 4 likes
        6. Austen Allred‏Verified account @AustenAllred Oct 22
          Replying to @nbashaw @kimmaicutler

          California and SF exacerbate it with housing policy among other things

          1 reply 0 retweets 9 likes
        7. Kim-Mai Cutler‏Verified account @kimmaicutler Oct 22
          Replying to @AustenAllred @nbashaw

          It’s a bigger problem than SF. Also we have a real estate developer (who actually does not have a great track record in business) running the country and so I don’t think the federal stuff is going to get solved soon.

          1 reply 0 retweets 6 likes
        8. Kim-Mai Cutler‏Verified account @kimmaicutler Oct 22
          Replying to @kimmaicutler @AustenAllred @nbashaw

          A big problem is that voters perceive homelessness as a municipal problem, but housing subsidies (for both upper middle class homeowners and Section 8) are controlled at the federal level. Every time the federal govt weakens the social safety net, voters blame cities for the

          1 reply 1 retweet 6 likes
        9. Kim-Mai Cutler‏Verified account @kimmaicutler Oct 22
          Replying to @kimmaicutler @AustenAllred @nbashaw

          the resulting consequences. If the federal govt’s tax plan effectively means 235K fewer affordable housing units, who do you think picks up the tab?https://www.nytimes.com/2018/01/18/business/economy/tax-housing.amp.html …

          0 replies 0 retweets 5 likes
        10. End of conversation

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