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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 12 Feb 2018
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    Kim-Mai Cutler Retweeted mark mcbride

    The actual socioeconomic breakdown of Silicon Valley suburbs is weird bc of both Prop. 13 inhibiting sales/promoting inheritance and then the vast wealth inequality produced by the industry.https://twitter.com/mccv/status/963094750403313664 …

    Kim-Mai Cutler added,

    mark mcbride @mccv
    So this gets into the type breakdown. "old or rich" leaves a lot out 1) young rich - usually multiple tech home runs (hi!) 2) old rich - they live in Old Palo Alto 3) old - bought a house for < $100k 4) 2nd/3rd generation - live in a house bought for < $100k 5) struggling
    Show this thread
    9:24 AM - 12 Feb 2018
    • 3 Retweets
    • 16 Likes
    • Roberto Greco Payam Mirrashidi Kevin Riggle Cupertino2040 Magnus Petersen-Paaske Yargl Blargl JManuel Beth Heise Bobak Esfandiari 🥑
    5 replies 3 retweets 16 likes
      1. Anshu Skyflow  🌶‏ @anshublog 12 Feb 2018
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        Replying to @kimmaicutler

        Prop 13 is evil - (effectively) racist, (effectively) nativist, (effectively) classist, (effectively) ageist and its goals of helping old, income constrained retirees could be met in 100 better ways.

        0 replies 0 retweets 1 like
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      2. Christina Toms‏ @ChristinaToms 12 Feb 2018
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        Replying to @kimmaicutler

        Same in Marin. Lots of old ppl on SS living in $1M houses.

        1 reply 0 retweets 1 like
      3. Meena Westford‏ @h2oexecutive 12 Feb 2018
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        Replying to @ChristinaToms @kimmaicutler

        Same in San Diego.....never sure where the money is coming from....

        0 replies 0 retweets 0 likes
      4. End of conversation
      1. Yisheng Jiang‏ @YishengJiang 12 Feb 2018
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        Replying to @kimmaicutler

        Dow Jones +461. Libs mad AF.

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      1. Debra Schwartz‏ @RocketUrBiz_Inc 12 Feb 2018
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        Replying to @kimmaicutler

        All I can say is wow! My parents bought a modest home in W. San Jose 50 yrs ago. They're in their 80's & live a modest life. A senior community costs $4K+ / mo. Moving is physically & emotionally demanding as are bidding wars to buy a home. Let them keep their low taxes.

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      2. Dennis Wingo‏ @wingod 12 Feb 2018
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        Replying to @kimmaicutler

        Yes, lets push these old people into nursing homes so that we can reallocate resources and sell their property to people that more deserve it.

        1 reply 0 retweets 1 like
      3. Kevin Riggle‏ @kevinriggle 12 Feb 2018
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        Replying to @wingod @kimmaicutler

        In functioning polities they move into smaller, cheaper houses and have money left over to live quite comfortably on.

        2 replies 0 retweets 0 likes
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