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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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    1. balajis.com‏Verified account @balajis Jun 1
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      I think a lot of people burning things in the middle of a dual pandemic and depression think it’s all going to spring back up suddenly after it’s done. But insurance may not pay for it, many of these venues may not ever get rebuilt, many of these cities will see people leave.

      79 replies 353 retweets 1,952 likes
      Show this thread
    2. Stewart Butterfield‏Verified account @stewart Jun 1
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      Replying to @balajis

      Consider three values: x = the economic losses due to the pandemic/lockdown y = the economic losses from property damage during riots the last few days z = the eventual payouts from city budgets to settle civil suits due to police violence over the last few days

      8 replies 5 retweets 87 likes
    3. Stewart Butterfield‏Verified account @stewart Jun 1
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      Replying to @stewart @balajis

      Do you think y is even close to 1% of x? Do you think y>z? You honestly sound like a very sad scared lonely grandmother with early stage dementia who has watched thousands of hours of Fox News.

      13 replies 4 retweets 130 likes
    4. balajis.com‏Verified account @balajis Jun 1
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      Replying to @stewart

      > y = the economic losses from property damage during riots the last few days Stewart, it’s not just the cost of a few days of destruction (as bad as that is). It’s a generational reduction in wealth for black communities. NBER, not Fox. https://www.nber.org/papers/w10493 pic.twitter.com/LSh5ueS8Kx

      7 replies 28 retweets 133 likes
      Kim-Mai Cutler‏Verified account @kimmaicutler Jun 1
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      Replying to @balajis @stewart

      Kim-Mai Cutler Retweeted Tom Sugrue

      this ignores a) how black communities have been displaced from inner cities for decades and b) that these protests are far more racially diverse than the ones of 50 years ago.https://twitter.com/TomSugrue/status/1267175127483105281 …

      Kim-Mai Cutler added,

      Tom SugrueVerified account @TomSugrue
      Thread: It's time to rethink facile 1968 = 2020 comparisons.
      Show this thread
      9:25 AM - 1 Jun 2020
      • 3 Retweets
      • 36 Likes
      • Kristie Foley Maureen Rebecca Evans im only 5'3 Juliet Oberding Mitt Lloyd Dewolf 🐺 JIBBSCAT 🤟🏻🕳✌🏻
      6 replies 3 retweets 36 likes
        1. New conversation
        2. balajis.com‏Verified account @balajis Jun 1
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          Replying to @kimmaicutler @stewart

          balajis.com Retweeted Disrn

          Ok, you seem very confident that riots are for some greater good. So are you going to pay the bills of the black businesses that are being burned to the ground? Or prop up the wealth of every minority community if it declines post riot? https://mobile.twitter.com/disrnnews/status/1266373982804115456 …https://twitter.com/DisrnNews/status/1266373982804115456 …

          balajis.com added,

          Disrn @DisrnNews
          Black business owner weeps after looters destroy sports bar he invested life savings into: "We worked so hard to get here" https://disrn.com/news/black-business-owner-weeps-after-looters-destroy-his-sports-bar-i-dont-know-what-were-gonna-do …
          10 replies 6 retweets 74 likes
        3. Kim-Mai Cutler‏Verified account @kimmaicutler Jun 1
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          Replying to @balajis @stewart

          that is a pretty far leap to a conclusion. I did donate to small business repair funds yesterday actually. Do you think I have the power to stop these riots or something?

          5 replies 0 retweets 12 likes
        4. 2 more replies
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        2. Kim-Mai Cutler‏Verified account @kimmaicutler Jun 1
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          Replying to @kimmaicutler @balajis @stewart

          Tom Sugrue wrote one of *the* books on 1960s Detroit btw.

          1 reply 0 retweets 6 likes
        3. ⒿⒹⒽ‏Verified account @jdh Jun 1
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          Replying to @kimmaicutler @balajis @stewart

          Do you (@balajis) think the property damage is so great that folks ought to just swallow their frustration for the better good? i.e. riots so bad, just hold tight until you can vote in November? Or did you have some alternate proposal for those who feel boxed in?

          2 replies 0 retweets 2 likes
        4. 4 more replies
        1. Nate Fischer‏ @NateAFischer Jun 1
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          Replying to @kimmaicutler @balajis @stewart

          These are complex systems and the impact of riots is difficult to predict. But there’s a good chance it will—by changing perceived risk of investing in cities—vastly exceed any immediate property damage. Impact is non-linear, and combined with Covid the cost could be enormous.

          0 replies 0 retweets 1 like
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        1. Dennis Wingo‏ @wingod Jun 1
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          Replying to @kimmaicutler @balajis @stewart

          I was there then, and you are wrong about the protests, and the displacement has largely been brought about through economic opportunity for most. The black middle class is far larger than it was then.

          0 replies 0 retweets 0 likes
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        1. New conversation
        2. Tom Hirschfeld‏ @Tom_Hirschfeld Jun 1
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          Replying to @kimmaicutler @balajis @stewart

          It also ignores that most of the businesses being looted in 2020 are national chains like Walgreens, target or autozone. The wealth lost in destruction isn’t localized to the community, and the wealth the community had left years ago when chains beat out locally owned shops.

          1 reply 0 retweets 0 likes
        3. Tom Hirschfeld‏ @Tom_Hirschfeld Jun 1
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          Replying to @Tom_Hirschfeld @kimmaicutler and

          Really hard to see how looting a Nordstrom or Macy’s is going to cause a generational impact on wealth in low income communities of color.

          0 replies 0 retweets 0 likes
        4. End of conversation
        1. Vishal‏ @NomadicIndian2 Jun 1
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          Replying to @kimmaicutler @balajis @stewart

          So it’s okay if non blacks bear the burnt of it? Even if they are not ostensibly rich?

          0 replies 0 retweets 0 likes
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