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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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    Patrick McKenzie‏ @patio11 18 Sep 2019
    • Report Tweet
    • Report NetzDG Violation

    Patrick McKenzie Retweeted Patrick McKenzie

    So this is starting to happen, at the typical glacial pace of securities enforcement.https://twitter.com/patio11/status/957472144392273921 …

    Patrick McKenzie added,

    Patrick McKenzie @patio11
    You have to assume that the calculus for every lawyer and accountant within 10 miles of e.g. an ICO has to include "Hmm I think I have an N% chance of this engagement ending my career so is the expected value of it at least 1 / N% times the net present value of my career."
    Show this thread
    6:30 AM - 18 Sep 2019
    • 12 Likes
    • Joachim Schipper Iain P 😷 Peter Burns Ayyyyyyyyyn Randoooooooooooooooooooooooooooooooo!! Vic серафими многоꙮчитїи
    1 reply 0 retweets 12 likes
      1. New conversation
      2. Patrick McKenzie‏ @patio11 18 Sep 2019
        • Report Tweet
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        Patrick McKenzie Retweeted Palley

        Example:https://twitter.com/stephendpalley/status/1174059650737680392 …

        Patrick McKenzie added,

        Palley @stephendpalley
        Lawyer who allegedly said things weren't securities when he knew they probably were and got paid for incorrect opinion letters that were used as part of unlawful investment scheme gets sued and criminally charged. pic.twitter.com/fFR9Q2Qgzn
        Show this thread
        1 reply 0 retweets 6 likes
        Show this thread
      3. Patrick McKenzie‏ @patio11 18 Sep 2019
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        Patrick McKenzie Retweeted Patrick McKenzie

        Still remain flabbergasted at the depth and breadth of complicity with investment scams among people who should have / factually did know better.https://twitter.com/patio11/status/1128140635872026624?s=20 …

        Patrick McKenzie added,

        Patrick McKenzie @patio11
        Replying to @patio11 @ofnumbers
        If you had asked me in 2008 whether law firms would rent out their letterheads to bless investment scams at scale I would have said "Oh goodness no; that's the entire point of law being a profession."
        0 replies 2 retweets 8 likes
        Show this thread
      4. End of conversation

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