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kimmaicutler's profile
Kim-Mai Cutler
Kim-Mai Cutler
Kim-Mai Cutler
Verified account
@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. Kim-Mai Cutler‏Verified account @kimmaicutler 27 May 2017
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      Replying to @uhshanti

      I was a freshman in college in 2002.

      1 reply 0 retweets 0 likes
    2. nancy pelosi's endorsements guy 🌹‏ @uhshanti 27 May 2017
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      Replying to @kimmaicutler

      May I present, Exhibit A:pic.twitter.com/ZZe32Y5wKu

      1 reply 0 retweets 0 likes
    3. Kim-Mai Cutler‏Verified account @kimmaicutler 27 May 2017
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      Replying to @uhshanti

      Sigh, I can't control what everyone else does all the time. But I do think there are some important questions raised with IZ...

      1 reply 0 retweets 1 like
    4. Kim-Mai Cutler‏Verified account @kimmaicutler 27 May 2017
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      Replying to @kimmaicutler @uhshanti

      sometimes I see things demanded that just aren't feasible and shut down development and it's hard to determine when that comes out of a

      1 reply 0 retweets 0 likes
    5. Kim-Mai Cutler‏Verified account @kimmaicutler 27 May 2017
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      Replying to @kimmaicutler @uhshanti

      genuine desire to negotiate a better deal, or whether it's someone -- often in a position of privilege -- asking for sth impossible to

      1 reply 0 retweets 0 likes
    6. Kim-Mai Cutler‏Verified account @kimmaicutler 27 May 2017
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      Replying to @kimmaicutler @uhshanti

      shut everything down. And if you haven't been to the peninsula or the Bay Area suburbs, it's *quite* common there.

      1 reply 0 retweets 1 like
    7. nancy pelosi's endorsements guy 🌹‏ @uhshanti 27 May 2017
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      Replying to @kimmaicutler

      I believe you. Buuuut overshooting percentages can also be a negotiating tactic

      2 replies 0 retweets 0 likes
    8. nancy pelosi's endorsements guy 🌹‏ @uhshanti 27 May 2017
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      Replying to @uhshanti @kimmaicutler

      As an amateur campaign helper lady for SF progs, if I ever saw a hint of "we're raising % to block housing *evil laugh*", I woulda bounced

      1 reply 0 retweets 0 likes
    9. Kim-Mai Cutler‏Verified account @kimmaicutler 27 May 2017
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      Replying to @uhshanti

      I think people mean well but don't understand that the it costs like $800K per unit to build in SF. It's $400/sq ft in construction and that

      1 reply 0 retweets 0 likes
    10. Kim-Mai Cutler‏Verified account @kimmaicutler 27 May 2017
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      Replying to @kimmaicutler @uhshanti

      Money doesn't come from nowhere. Ideally it comes out of the initial land acquisition costs but you have to buy the land owner

      1 reply 0 retweets 0 likes
      Kim-Mai Cutler‏Verified account @kimmaicutler 27 May 2017
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      Replying to @kimmaicutler @uhshanti

      Out of whatever pre-existing cash flows there are on the property. Or it gets tacked onto the market rate units and makes them more

      8:47 PM - 27 May 2017
      1 reply 0 retweets 0 likes
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        2. Kim-Mai Cutler‏Verified account @kimmaicutler 27 May 2017
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          Replying to @kimmaicutler @uhshanti

          Expensive than they would otherwise be. And if the margin between the land acq costs, construction, interest rates, final rents, sale price

          1 reply 0 retweets 0 likes
        3. Kim-Mai Cutler‏Verified account @kimmaicutler 27 May 2017
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          Replying to @kimmaicutler @uhshanti

          Doesn't work out then the developer just won't do it and you get no units of any kind. http://www.socketsite.com/archives/2017/05/new-plans-for-a-12-story-300-room-central-soma-hotel.html …

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