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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 16 May 2016
    • Report Tweet
    • Report NetzDG Violation

    Suggestion to startups attempting to communicate whether they're profitable: "We pay corporate income taxes" is roughly dispositive on this.

    4:25 PM - 16 May 2016
    • 4 Retweets
    • 20 Likes
    • Guillaume Ceccarelli Michael Lipman Gavin Will Critchlow Andrew Culver Sam Hogg john henry Eli Courtwright mattvonb
    4 replies 4 retweets 20 likes
      1. Dan Kaminsky‏Verified account @dakami 16 May 2016
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        Replying to @patio11

        very roughly

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      2. Colin Percival‏ @cperciva 16 May 2016
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        Replying to @patio11

        By that metric, Tarsnap is less profitable now than it was 4 years ago, since I switched from paying myself dividends to bonuses.

        1 reply 0 retweets 0 likes
      3. Mike Ferrier‏ @mferrier 20 May 2016
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        Replying to @cperciva

        why’d you switch?

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      1. Nerd curious abt psychology  🧠‏ @ClayNichols 20 May 2016
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        Replying to @patio11

        Yep, Paying Taxes is an Expensive Signal, and transparent.

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      1. Nerd curious abt psychology  🧠‏ @ClayNichols 20 May 2016
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        Replying to @patio11

        that's how you spot an Enron: Their reported profits are rising, but their Tax is going down.

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