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arampell's profile
Alex Rampell
Alex Rampell
Alex Rampell
@arampell

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Alex Rampell

@arampell

Silicon Valley entrepreneur (cofounder@ TrialPay, Yub, Affirm, Point, TXN), investor (General Partner @a16z), husband, father and sarcast (one who is sarcastic)

Palo Alto, CA
Joined October 2010

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    Alex Rampell‏ @arampell 23 Feb 2019

    Alex Rampell Retweeted Reuters Business

    “The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries.” -Winston Churchillhttps://twitter.com/ReutersBiz/status/1098054636077019136 …

    Alex Rampell added,

    1:14
    Reuters BusinessVerified account @ReutersBiz
    ICYMI: Congresswoman @AOC cheers the decision by Amazon to scrap its plans to build a major outpost in New York https://reut.rs/2DKOK4G  $AMZN pic.twitter.com/5T7tQkAq1a
    7:04 AM - 23 Feb 2019
    • 4 Retweets
    • 72 Likes
    • Chuan Liu Growth Hacking Briefly Decksender Adam Camacho HQ Brad Blonigen Ethan Crowley អុីថាន edwardyeong Hunches.app
    4 replies 4 retweets 72 likes
      1. New conversation
      2. Jake‏ @EconomPic 23 Feb 2019
        Replying to @arampell

        Government subsidized employment for the largest company in the world in a city without an employment problem (but with a transportation and housing problem) isn’t capitalism

        2 replies 0 retweets 8 likes
      3. Eric Nohelty‏ @epnohelty 23 Feb 2019
        Replying to @EconomPic @arampell

        An organized bidding process in which 100s of cities willingly bid on the ability to bring Amazon in is indeed capitalism. NYC didn't have an employment problem. They still saw it as a positive npv investment. What am I missing that's bad?

        1 reply 0 retweets 0 likes
      4. Show replies
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      2. markrhill‏ @markrhill 23 Feb 2019
        Replying to @HosmerDavid @arampell

        Check the details: the city and state started out with $0 of tax revenue from HQ2. According to Governor Cuomo (admittedly a proponent of the deal) Amazon would have paid $27.5B in state and city taxes over 25 years, net of the $3B in tax credits. Now they’re back to $0 in taxes.

        1 reply 0 retweets 0 likes
      3. Show replies
      1. markrhill‏ @markrhill 23 Feb 2019
        Replying to @arampell

        Is it vulgar for Amazon to ask for a tax break? Sure. Did they get “$3B from public funds?” No

        0 replies 0 retweets 0 likes
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      1. Monicaxie‏ @Monica_XieY 23 Feb 2019
        Replying to @arampell

        Every Chinese local government is competing to have tech startups and enterprises set up HQs/offices in their city/province.... I don’t know who is socialist now

        0 replies 0 retweets 0 likes
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