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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 Jan 10
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      I was talking with a few folks about government programs to incentivize companies to open offices in their cities, and a frontier space here is pitching remote employees directly in a scalable fashion.

      5 replies 1 retweet 39 likes
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      Patrick McKenzie‏ @patio11 Jan 10
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      Like, how many software engineers getting hired would it take to get your mayor’s attention? A thousand? I think you can count up to a thousand with five to ten city employees, an ad campaign, a trivial tweak to income tax onboarding, and a one-off rebate of 2~5% their tax NPV.

      4:21 PM - 10 Jan 2020
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      • Seb Insua David McDougall Jonathan Gottfried Hasnain Lakhani Nick Baum 🇸🇪 Sagar Dubey Rob Cass 🇮🇪🇿🇦🇬🇧🇦🇪🇩🇰🇩🇪🇪🇺🇸🇦🇳🇱 Colin Bethea David Benson
      6 replies 2 retweets 34 likes
        1. Patrick McKenzie‏ @patio11 Jan 10
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          I originally came to Japan under the auspices of the JET program, which paid me a salary for three years, and I felt really guilty at the time for my perceived gap in effectiveness relative to the size of that subsidy. In hindsight, that may be the best ROI on an ISA from 2004.

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        2. Noted Computer User‏ @jbattin Jan 10
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          Replying to @patio11

          Wasn’t a major study just published showing these incentives not benefiting the cities economically, since ultimately most of the upside is captured by the company moving?

          1 reply 1 retweet 1 like
        3. Kip and the old gray fox‏ @QualityNinja Jan 10
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          Replying to @jbattin @patio11

          Remote work is different. And that should be the caveat. A firm can have a cluster of remote employees in an area.

          0 replies 0 retweets 1 like
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        2. Justin Kearns‏ @JustinKearns00 Jan 10
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          Replying to @patio11

          @Robcass78 Ireland 2040 make it happen 😁

          1 reply 0 retweets 0 likes
        3. Rob Cass  🇮🇪 🇿🇦 🇬🇧 🇦🇪 🇩🇰 🇩🇪 🇪🇺 🇸🇦 🇳🇱‏ @Robcass78 Jan 11
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          Replying to @JustinKearns00 @patio11

          Sounds very possible. The number isn’t relevant; it’s the eco & support system (plus access to talent pipeline plus vibrancy plus housing), as tech create exponential growth into the future; 50 becomes 500 in a short fashion. Happy to connect if you DM Patrick?

          1 reply 0 retweets 1 like
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        1. Joel Runyon‏Verified account @joelrunyon Jan 10
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          Replying to @patio11

          this is happeninghttps://www.mentalfloss.com/article/563516/remote-workers-tulsa-will-pay-you-10000-move-there …

          0 replies 0 retweets 1 like
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        1.  🚲 🚎 🥑‏ @crzwdjk Jan 10
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          Replying to @patio11

          Most of the reason cities do this kind of incentive is because it's easier to deal with one big company than many small ones. Otherwise I suspect they'd get a much bigger return out of being less hostile to small businesses.

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        1. Forrest Blount‏ @forrestblount Jan 11
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          Replying to @patio11

          The per-state business registration, tax rate establishment and on going quarterly reports needed are *amazingly* different state to state. Have been surprised on these challenges, esp when we hire a single remote employee in a new state. We’re in AZ, CA, CO, IL, MN, and NY now

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