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kimmaicutler's profile
Kim-Mai Cutler
Kim-Mai Cutler
Kim-Mai Cutler
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@kimmaicutler

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Kim-Mai CutlerVerified account

@kimmaicutler

Partner at @initialized. Previously @techcrunch. When life hands me lemons, I make tarte au citron.

San Francisco
medium.com/initialized-ca…
Joined April 2008

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    Kim-Mai Cutler‏Verified account @kimmaicutler 9 Jun 2019
    • Report Tweet
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    Kim-Mai Cutler Retweeted Leo Polovets

    Weird how a VC doesn’t understand that making investments today to have a second Transbay mass transit crossing could unlock an order of magnitude more value for households and employers regionally. Imagine if we hadn’t built BART or Caltrain or if NYC hadn’t built the subway.https://twitter.com/lpolovets/status/1137808312605466624 …

    Kim-Mai Cutler added,

    Leo Polovets @lpolovets
    This sounds like *such* a bad idea. Bay Area govts want to raise $100b over several decades. That's about $35k/household. And then the government would deploy that cash. What can go wrong? https://www.mercurynews.com/2019/06/08/mega-measure-100-billion-traffic-busting-tax-plan-for-the-bay-area-taking-shape/ …
    Show this thread
    4:07 PM - 9 Jun 2019
    • 71 Retweets
    • 555 Likes
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    38 replies 71 retweets 555 likes
      1. New conversation
      2. Leo Polovets‏ @lpolovets 9 Jun 2019
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        Replying to @kimmaicutler

        1) Why's VC relevant? I have no faith in govt. That's based on observation, not my career. 2) The commutes are long b/c people have to live far from work b/c of housing. Addressing commutes is like breaking someone's heater, then offering warmer clothes instead of fixing heater.

        5 replies 0 retweets 10 likes
      3. Kim-Mai Cutler‏Verified account @kimmaicutler 9 Jun 2019
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        Replying to @lpolovets

        Transit policy is also affordable housing policy. Building high-throughout or more efficient forms of transit unlocks availiability of land (or potential density of land), which affects land costs per unit and what ultimately pencils in terms of total housing + transpo costs.

        2 replies 3 retweets 43 likes
      4. 6 more replies
      1. New conversation
      2. Jon Bate‏ @jonobate 9 Jun 2019
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        Replying to @kimmaicutler

        To be fair, there are major issues with project delivery in the Bay Area, and without reform there’s a real danger that this $100bn will be wasted on variations of the Transbay Transit Center debacle. Organization before electronics before concrete, and all that.

        2 replies 0 retweets 12 likes
      3. Kim-Mai Cutler‏Verified account @kimmaicutler 9 Jun 2019
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        Replying to @jonobate

        So participate in the process and hold it accountable, don’t just junk it.

        4 replies 0 retweets 50 likes
      4. 2 more replies
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      2. Jeff Bercovici‏Verified account @jeffbercovici 10 Jun 2019
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        Replying to @kimmaicutler

        I would be genuinely curious to read a list of VCs who take public transit to work. Even of the ones who work in SF, I get the sense it's not many

        5 replies 2 retweets 20 likes
      3. Kanyi Maqubela‏Verified account @km 10 Jun 2019
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        Replying to @jeffbercovici @triketora @kimmaicutler

        ✋🏾

        1 reply 0 retweets 3 likes
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      2. Leo Polovets‏ @lpolovets 9 Jun 2019
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        Replying to @nachkari @kimmaicutler

        VC: I'm going to make 100 small bets, 99 will go to zero, and one will 300x. An expected value of 3x on the whole portfolio. Govt: I'm going to make 1 huge bet, it's almost certainly going to return pennies or maybe dimes on the dollar, and then I'll just raise taxes and repeat.

        7 replies 0 retweets 15 likes
      3. 12 more replies
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      2. Adam Singer‏Verified account @AdamSinger 9 Jun 2019
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        Replying to @kimmaicutler

        But he doesn't take public transit so how would it help him.

        1 reply 0 retweets 17 likes
      3. Leo Polovets‏ @lpolovets 9 Jun 2019
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        Replying to @AdamSinger @kimmaicutler

        I take BART and caltrain frequently, so what you said is not true.

        2 replies 0 retweets 8 likes
      4. 7 more replies

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