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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 18 Oct 2019
    • Report Tweet
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    Kim-Mai Cutler Retweeted Ian Chan

    Everyone remember that @D4GordonMar floated a profoundly ill-thought out plan to tax all stock-based compensation in SF and still wants to bring it back to the ballot next year. https://www.vox.com/recode/2019/5/15/18618727/silicon-valley-san-francisco-ipo-tax …https://twitter.com/chanian/status/1185266029351464960 …

    Kim-Mai Cutler added,

    Ian Chan @chanian
    WeWork: 90sDotCom Bubble Level Bankruptcies A stark reminder of the startup stock gambit, and absurdities of (modern) AMT. Let's look at a hypothetical of how bad this outcome could be for an early employee: https://www.businessinsider.com/wework-valuation-could-slip-below-8-billion-softbank-bailout-report-2019-10 … pic.twitter.com/63GAQzQy4s
    Show this thread
    2:35 PM - 18 Oct 2019
    • 4 Retweets
    • 35 Likes
    • tatere.🦑 Ask Me About Prop. 15 Mads Hoe john bolka 💖 Speedegg Zach Lipton Prop 15 Polemicist 🇵🇷🇲🇽 Kyle Russell Skip Pile
    5 replies 4 retweets 35 likes
      1. Kim-Mai Cutler‏Verified account @kimmaicutler 18 Oct 2019
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        A choice highlight here:pic.twitter.com/W453kFgDnG

        6 replies 2 retweets 27 likes
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      1. New conversation
      2. Eric Kingsbury‏ @ericmkingsbury 18 Oct 2019
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        Replying to @kimmaicutler @D4GordonMar

        But wouldn't Mar's plan tax the companies at the time of sale? And wouldn't it likely drive more companies towards all-cash comp packages, which would be better for the average employee in scenarios where the IPO goes bust (I still think it's a terrible idea as designed)?

        1 reply 0 retweets 0 likes
      3. Kim-Mai Cutler‏Verified account @kimmaicutler 18 Oct 2019
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        Replying to @ericmkingsbury @D4GordonMar

        That’s not how it was written....

        1 reply 0 retweets 0 likes
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      2. Yao Yue 岳峣‏ @thinkingfish 18 Oct 2019
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        Replying to @kimmaicutler @D4GordonMar

        “As written, the initiative seems to assess a tax against stock as soon as it vests — even if the actual stock option is not exercised.” What?!

        1 reply 0 retweets 4 likes
      3. Kim-Mai Cutler‏Verified account @kimmaicutler 18 Oct 2019
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        Replying to @thinkingfish @D4GordonMar

        Yeah.

        0 replies 0 retweets 0 likes
      4. End of conversation
      1. Alex “Yes on Measure RE, No on B” Fisch‏ @AlexFischCC 19 Oct 2019
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        Replying to @kimmaicutler @D4GordonMar

        Only one quibble: a jet ski is probably always a good purchase, especially in the world of $4 million tax bills on phantom income.

        0 replies 0 retweets 0 likes
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      1. masterlongevity‏ @masterlongevity 19 Oct 2019
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        Replying to @kimmaicutler @D4GordonMar

        Another reason for a mandatory IQ and issue understanding test for politicians. How can someone living in SF be so uneducated

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