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Molson_Hart's profile
Molson Hart
Molson Hart
Molson Hart
@Molson_Hart

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Molson Hart

@Molson_Hart

CEO at http://amazon.com/viahart . CEO at http://edisonlf.com . I tweet about business, e-commerce, supply chain, health, law, & infrastructure

Austin, TX
Joined July 2015

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    1. Molson Hart‏ @Molson_Hart 17 Aug 2019
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      "Toronto is benefiting from Canada’s fast-track visa program and a universal health-care system that lowers companies’ costs of providing employee benefits."pic.twitter.com/JOOK38NMRz

      4 replies 1 retweet 10 likes
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    2. Gergely Svigruha‏ @gsvigruha 17 Aug 2019
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      Replying to @Molson_Hart

      This chart would look a bit different 5-10 years ago when cad/usd was 1 not 0.75 though.

      1 reply 0 retweets 0 likes
    3. Gergely Svigruha‏ @gsvigruha 17 Aug 2019
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      Replying to @gsvigruha @Molson_Hart

      I guess my point is Toronto is benefitting from all the above plus weak CAD.

      1 reply 0 retweets 1 like
    4. Molson Hart‏ @Molson_Hart 18 Aug 2019
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      Replying to @gsvigruha

      Tech industry is so big, I wonder if it and a move up north alone could swing that balance in favor of CAD. Can US companies sell enough USD and buy CAD salaries to swing the balance?

      1 reply 0 retweets 0 likes
    5. Gergely Svigruha‏ @gsvigruha 18 Aug 2019
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      Replying to @Molson_Hart

      According to a quick google search SVs gdp is 300B usd, canada 1.6, so i think it's concievable. If 10% relocates that'd show probably.

      1 reply 0 retweets 0 likes
    6. Molson Hart‏ @Molson_Hart 18 Aug 2019
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      Replying to @gsvigruha

      I'm not sure if those are the right stats to look at. Alphabet's SGA (proxy for salaries in SV) to revenue was about 17%. US-Canada trade (imports + exports) is 545 billion (US). 17% of SVs GDP is 51 billion. If 10% relocates, only 5 Billion?

      1 reply 0 retweets 1 like
    7. Molson Hart‏ @Molson_Hart 18 Aug 2019
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      Replying to @Molson_Hart @gsvigruha

      Kind of hard to say, but it doesn't look like it would affect USD/CAD. HOWEVER! Like the article says, I bet it could really fuck with Toronto's housing market!

      1 reply 0 retweets 0 likes
    8. Gergely Svigruha‏ @gsvigruha 18 Aug 2019
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      Replying to @Molson_Hart

      Yeah thats for sure, in fact it probably already does. 5 billion usd sounds about right, 10% of the jobs is 30-40k ppl making 100-200 a year on average.

      1 reply 0 retweets 1 like
    9. Molson Hart‏ @Molson_Hart 18 Aug 2019
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      Replying to @gsvigruha

      You're the CEO of Google. Do you build an office in Budapest or Toronto first? You're the CEO of ProdModel. You've just got your first $1MM contract, do you build an office in Budapest or Toronto first?

      1 reply 0 retweets 0 likes
    10. Gergely Svigruha‏ @gsvigruha 18 Aug 2019
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      Replying to @Molson_Hart

      Excellent question. Google: toronto. Prodmodel: budapest. You?

      1 reply 0 retweets 0 likes
      Molson Hart‏ @Molson_Hart 18 Aug 2019
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      Replying to @gsvigruha

      Google: Toronto Prodmodel: Get 2 more $1 MM contracts, then Budapest :)

      9:25 AM - 18 Aug 2019
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      • Gergely Svigruha
      1 reply 0 retweets 1 like
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        1. Molson Hart‏ @Molson_Hart 18 Aug 2019
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          Replying to @Molson_Hart @gsvigruha

          But honestly, I am totally unqualified to answer this. I wouldn't be surprised if Google could do a better job just by laying bad engineers off, instead of opening new offices.

          1 reply 0 retweets 0 likes
        2. Gergely Svigruha‏ @gsvigruha 18 Aug 2019
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          Replying to @Molson_Hart

          According to company legend google could have the revenue stream it has with 10% of the engineers. The only counterargument i have is you need the 90% to do random shit to hit upon the new adwords once in every decade.

          1 reply 0 retweets 0 likes
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