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adamnash's profile
Adam Nash
Adam Nash
Adam Nash
Verified account
@adamnash

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Adam NashVerified account

@adamnash

CEO & Co-Founder @DaffyGiving. Helping people be more generous, more often. Inevitably optimistic. Slightly amusing. Always talking.

Silicon Valley
adamnash.blog
Joined March 2007

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    Adam Nash‏Verified account @adamnash 7 Dec 2018

    Worth noting, Uber & Lyft IPOs will likely dump $FB levels of money (2012+) into an already heated Silicon Valley / SF market. 😳https://www.nytimes.com/2018/12/07/technology/uber-ipo.html …

    7:18 PM - 7 Dec 2018 from Melbourne, Victoria
    • 23 Retweets
    • 148 Likes
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    5 replies 23 retweets 148 likes
      1. Adam Nash‏Verified account @adamnash 7 Dec 2018

        ... Uber, Lyft, Stripe, Pinterest, AirBnB, Coinbase, etc. So many people trying to call the top of this cycle, but there are so many great businesses still private. New ones (Gusto, OpenDoor, Blend, etc) keep appearing, too.

        4 replies 7 retweets 78 likes
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      2. Teddy Schleifer‏Verified account @teddyschleifer 7 Dec 2018
        Replying to @adamnash

        so you're saying i should buy a house...now.

        1 reply 0 retweets 4 likes
      3. Adam Nash‏Verified account @adamnash 7 Dec 2018
        Replying to @teddyschleifer

        I never advocate for speculation, but if it plays out. IPO + 6 months is when the liquidity would start hitting the market. Lot of other factors at play though. 🤷‍♂️

        1 reply 0 retweets 9 likes
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      2. Dave Craige  ⚡️‏ @davecraige 7 Dec 2018
        Replying to @adamnash

        Dave Craige  ⚡️ Retweeted

        This week @moiramack asked Uber investor @Jason if drivers should at least get minimum wage nationwide. No response from Jason. https://twitter.com/moiramack/status/1070494268685471744?s=21 …

        Dave Craige  ⚡️ added,

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        1 reply 1 retweet 0 likes
      3. jason@calacanis.com‏Verified account @Jason 7 Dec 2018
        Replying to @davecraige @adamnash @moiramack

        I don't speak for Uber, Lyft or Postmates, but you're being intellectually dishonest about the actual question Dave--which is your pattern. The question is should independent contractors be able to work on a per job basis or should they be forced to work on an hourly basis.

        3 replies 0 retweets 4 likes
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      2. Andreas Ehn‏Verified account @ehn 7 Dec 2018
        Replying to @adamnash

        Remember seeing someone's calculation that Uber, Lyft and Airbnb alone would create 10,000 new suddenly liquid Bay Area millionaires (Not that a million gets you far in that market 🙄)

        1 reply 1 retweet 9 likes
      3. Adam Nash‏Verified account @adamnash 7 Dec 2018
        Replying to @ehn

        Well, there are two issues. Down payment (assets) and monthly payment (income). Liquidity helps with both. This may end up just covering the recent equity weakness in the tech giants, depending on how things play out.

        0 replies 0 retweets 1 like
      4. End of conversation
      1. andrea van de Kleut‏ @AKleut 8 Dec 2018
        Replying to @adamnash

        I.M.H.O. sell now , after IPO, you will get rekt , this is the last resort of money running from the great populace before ( few weeks) it will crash , never to recover.Uber /Lyft are NOT a business it is affiliate growing .

        0 replies 0 retweets 0 likes
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