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patio11's profile
Patrick McKenzie
Patrick McKenzie
Patrick McKenzie
@patio11

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Patrick McKenzie

@patio11

I work for the Internet, at @stripe, mostly on accelerating startups. Opinions here are my own.

東京都 Tokyo
kalzumeus.com
Joined February 2009

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    1. Patrick McKenzie‏ @patio11 20 Feb 2019
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      Don’t sell software to anyone who doesn’t pay accountants or who complains about how much accountants cost.

      4 replies 39 retweets 290 likes
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    2. Patrick McKenzie‏ @patio11 20 Feb 2019
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      (The unstated assumption here is “You’re not AppAmaGooBookSoft and can’t spend a billion dollars to make the distribution work.”)

      1 reply 0 retweets 17 likes
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    3. Patrick McKenzie‏ @patio11 20 Feb 2019
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      Why do I bring up professional services? Because organizations sophisticated enough to require them are capable of paying material amounts of money for things which enhance their success. Why the bit about complaining? Because you want customers which are rational.

      3 replies 8 retweets 60 likes
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      Patrick McKenzie‏ @patio11 20 Feb 2019
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      If an organization thinks its accountants do not produce substantial value a) they’re wrong and b) since you have a far less obviously compelling value proposition than “Pay me $1 I save you $3 and btw you don’t go to jail” you will have excessive difficulty selling to them.

      6:30 PM - 20 Feb 2019
      • 10 Retweets
      • 74 Likes
      • Charles Perry Jonah🌹☭ Elissa Jon Fedor Devon Nick Baum 🇸🇪 Misha Saul Noah Pepper Diogo Aguiam
      2 replies 10 retweets 74 likes
        1. New conversation
        2. Patrick McKenzie‏ @patio11 20 Feb 2019
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          “So accountants entire value proposition is tax avoidance?” No, but a pretty major part of it is ensuring that you don’t naively implement the tax equivalent of a full table scan just because it was the most straightforward way to write the query.

          1 reply 7 retweets 68 likes
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        3. Patrick McKenzie‏ @patio11 20 Feb 2019
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          My favorite example of this from personal life: newly hired accountant looks over this guy’s returns, facepalms, and says “Mr. McKenzie why did you file for being a sales tax exempt business just because all your customers are overseas. You never do that.”

          2 replies 0 retweets 27 likes
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        4. Patrick McKenzie‏ @patio11 20 Feb 2019
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          “You instead want to file as a business which is subject to sales tax but which had 0 yen of taxable transactions... and then claim the refund for all the sales taxes that your business paid this year.”

          2 replies 0 retweets 27 likes
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        5. Patrick McKenzie‏ @patio11 20 Feb 2019
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          A conversation which didn’t happen but could have: “OMG is that allowed?” “Oh I don’t know Mr. McKenzie you might be running the first business in Japan’s history which exports.”

          1 reply 1 retweet 55 likes
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        6. End of conversation
        1. KKovacs [ス]‏ @kkovacs 21 Feb 2019
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          Replying to @patio11

          But to be fair, only GOOD accountants can do that, ~90% of them just increase your costs to cover their own asses, at least where I live. Went through quite a few before found mine...

          0 replies 0 retweets 0 likes
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