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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 10 Mar 2018
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      This is one of those things that strikes me as wasteful, because I’m unlikely to have a serious objection in the moment due to becoming subject to the Meguro City Preservation Of Aesthetic Qualities Law, but part of me appreciates the ritual of transparency.

      3 replies 0 retweets 28 likes
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    2. Patrick McKenzie‏ @patio11 10 Mar 2018
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      For example: there’s a tiny private road on one end of the property, which is on land which is not part of the property. It passes one parcel which is 30cm on one side and 10m on the other. This parcel has 14 owners. I was read their names, because I’m now obliged to them.

      2 replies 0 retweets 21 likes
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    3. Patrick McKenzie‏ @patio11 10 Mar 2018
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      I think that technically speaking I will own two square centimeters of a similar parcel after the final execution, which means that generations of real estate agents will have a bit of awkwardness in future recitals. Sorry guys; I asked them to use katakana, I really did.

      3 replies 1 retweet 46 likes
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    4. Patrick McKenzie‏ @patio11 10 Mar 2018
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      There was a brief, heated discussion between the broker selling me the apartment and That Guy in the hallway, immediately after contract execution. You know That Guy. Every company has a That Guy.

      1 reply 2 retweets 19 likes
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    5. Patrick McKenzie‏ @patio11 10 Mar 2018
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      That Guy: “I noticed that the person in Conference Room 2 came by himself.” “I need to warn you that we are in earshot of Conference Room 2. Is this an appropriate conversation to have now?” “Well do you think he can legally consent to a contract he can’t read.”

      1 reply 2 retweets 17 likes
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    6. Patrick McKenzie‏ @patio11 10 Mar 2018
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      “I will say this only once: our customer is extremely sophisticated and actively participated in the reading, including asking appropriate questions about specifics of the contract. Stop. Now.” You go, broker. That Guy did not stop.

      2 replies 3 retweets 54 likes
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    7. Patrick McKenzie‏ @patio11 10 Mar 2018
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      I’ll spare you the whole back and forth, but it ended up with the most polite version of I-will-cut-you-if-you-blow-up-my-deal, including a very memorable line on “If you had an issue with this deal, the right time to raise it would have been before we put an executed contract

      2 replies 0 retweets 44 likes
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    8. Patrick McKenzie‏ @patio11 10 Mar 2018
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      which provides for a flat 20% of purchase price liquidated damages in event of breach in front of a sophisticated counterparty who I can guarantee you you could open Conderence Room 2 right now and ask to calculate that number to the yen.”

      2 replies 1 retweet 47 likes
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    9. Patrick McKenzie‏ @patio11 10 Mar 2018
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      Incidentally if you want some ambitious startup goals “Get pointedly not mentioned by name during a Tokyo real estate closing” is perhaps one to shoot for.

      1 reply 2 retweets 30 likes
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    10. Patrick McKenzie‏ @patio11 10 Mar 2018
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      “Oh, in addition to the Condominim Association rules, an addendum was adopted during the most recent meeting. It, ah, with the disclaimer that of course this was adopted months ago and applies to everyone, naturally, well, privately owned accommodation businesses are...”

      1 reply 0 retweets 15 likes
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      Patrick McKenzie‏ @patio11 10 Mar 2018
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      “... something of a thing in Tokyo recently.” “Ahh yes, even though that is a thing-that-is-just-not-done (非常識).” “Exactly! And since it is thing-that-is-just-not-done that some have accidentally wandered into doing the Condo Association decided to prohibit it explicitly.”

      7:58 PM - 10 Mar 2018
      • 27 Likes
      • Mark Bahnman Eli Courtwright DCoderLT airza Andrew Culver Noah Pepper laralfield Kenji Rikitake
      4 replies 0 retweets 27 likes
        1. Justin Searls‏Verified account @searls 10 Mar 2018
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          Replying to @patio11

          Lol this is all amazing. Thanks for sharing your experience

          0 replies 0 retweets 1 like
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        2.  🇺🇸Elliot Temple 🤔‏ @curi42 10 Mar 2018
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          Replying to @patio11

          "privately owned accommodation businesses"?

          1 reply 0 retweets 0 likes
        3.  🇺🇸Elliot Temple 🤔‏ @curi42 10 Mar 2018
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          Replying to @curi42 @patio11

          from googling ... does that mean airbnb?

          0 replies 0 retweets 1 like
        4. End of conversation
        1. Gustavo Fontana‏ @gustojunk 10 Mar 2018
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          Replying to @patio11

          I’ve stayed in many beautiful apartments in tokyo where airbnb must also be ‘just-not-done’

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        1. Tristan Harward‏ @trisweb 11 Mar 2018
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          Replying to @patio11

          What a fascinating attitude toward that thing. Is that a pretty universally held opinion? Any ideas on why? And congratulations! Seeing this through your eyes is delightful, as with all your stories. Thanks :)

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