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micsolana's profile
Mike Solana
Mike Solana
Mike Solana
@micsolana

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Mike Solana

@micsolana

technology, liberty, teenagers with superpowers. vp @foundersfund. creator + producer #anatomyofnext, #problematic. ringleader @hereticon.

San Francisco
solana.substack.com
Joined January 2009

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    1. Kim-Mai Cutler‏Verified account @kimmaicutler 24 Oct 2019
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      Kim-Mai Cutler Retweeted

      The scary thing about the current tech boom is that it took the current tech boom just to *run in place* against SF’s unfunded pension liabilities. https://www.google.com/amp/s/www.sfchronicle.com/bayarea/amp/SF-taking-steps-to-avoid-projected-future-budget-13509714.php … https://twitter.com/zck/status/1187491641478664193 …

      Kim-Mai Cutler added,

      This Tweet is unavailable.
      7 replies 34 retweets 183 likes
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    2. Kim-Mai Cutler‏Verified account @kimmaicutler 26 Oct 2019
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      Because of the California rule, which protects already-awarded pension plans from renegotiation, cities can only either raise tax revenue or cannibalize existing services to keep up with liabilities. https://www.google.com/amp/s/amp.sacbee.com/news/politics-government/capitol-alert/article236610128.html …pic.twitter.com/w0WT2TvkVr

      4 replies 3 retweets 33 likes
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    3. Kim-Mai Cutler‏Verified account @kimmaicutler 26 Oct 2019
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      So if SF’s economy doesn’t grow as fast as it did over the last decade, boosting the city budget from ~$6 to 12B (which also created lots of other negative impacts around displacement), it will have to cut services substantially.

      6 replies 4 retweets 44 likes
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    4. Keith Rabois‏ @rabois 26 Oct 2019
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      Replying to @kimmaicutler

      Wait until people realize how much of the state budget depends on the cap gains from startups millionaires and billionaires.

      3 replies 3 retweets 72 likes
    5. Sar Haribhakti‏ @sarthakgh 26 Oct 2019
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      Replying to @rabois @kimmaicutler

      SF comes close to being the city version of Softbank funded mismanaged startup!

      1 reply 1 retweet 19 likes
      Mike Solana‏ @micsolana 26 Oct 2019
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      Replying to @sarthakgh @rabois @kimmaicutler

      sf is worse than softbank

      10:04 AM - 26 Oct 2019
      • 9 Retweets
      • 75 Likes
      • Zak Slayback Ra’s Al Ghul, Venture Capitalist Bishop Orchid Bertelsen Eric He delian Michael P Gibson Sterling Whitley tieshun/
      1 reply 9 retweets 75 likes

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