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patrickc's profile
Patrick Collison
Patrick Collison
Patrick Collison
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@patrickc

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Patrick CollisonVerified account

@patrickc

Fallibilist, optimist. Stripe CEO.

patrick@stripe.com
patrickcollison.com
Joined April 2007

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    1. Saku Panditharatne‏ @asteroid_saku 22 Oct 2017
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      I find "death of startups" extremely unconvincing, when interest rates are so close to zero and big tech companies are still hoarding cash.

      3 replies 6 retweets 65 likes
      Show this thread
    2. Saku Panditharatne‏ @asteroid_saku 22 Oct 2017
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      You could perhaps say that talent is more expensive, or that the knowledge barrier is a bit higher. But unconvinced FANG will do everything

      2 replies 0 retweets 21 likes
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    3. Saku Panditharatne‏ @asteroid_saku 22 Oct 2017
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      Most plausible is that "startup culture" is dying, due to the decline of capitalist youth. Possible, but then again there are always people

      4 replies 0 retweets 39 likes
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    4. Saku Panditharatne‏ @asteroid_saku 22 Oct 2017
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      Anyway, maybe excitement is maybe anti-correlated with new stuff happening. Facebook (2004), unicorns (2006-2011) were not "good times"

      3 replies 0 retweets 25 likes
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    5. Saku Panditharatne‏ @asteroid_saku 22 Oct 2017
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      It might be the case that the next wave is less concentrated in San Francisco. That'd be great for rent, but I don't even believe that.

      1 reply 0 retweets 34 likes
      Show this thread
    6. Patrick Collison‏Verified account @patrickc 22 Oct 2017
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      Replying to @asteroid_saku @sknthla

      I think inputs (rent, labor) are becoming much more expensive, especially in SFBay. Real headwind vs 5 years ago.

      4 replies 7 retweets 125 likes
      Patrick Collison‏Verified account @patrickc 22 Oct 2017
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      Replying to @patrickc @sknthla

      Market opportunities still overwhelmingly abundant. But real estate + immigration policy are now constricting enough to bend curve.

      11:24 AM - 22 Oct 2017
      • 10 Retweets
      • 149 Likes
      • Leo R. Comerford Fabian Flatz 🦖 Coffeemancer Vanvidum Momifornia Rob Dolci aranthawani Coen Hyde Rocky Ross
      5 replies 10 retweets 149 likes
        1. New conversation
        2. Patrick Collison‏Verified account @patrickc 22 Oct 2017
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          Replying to @patrickc @sknthla

          Of course, they were constricting 5 years ago, too. But there was more slack then.

          2 replies 3 retweets 47 likes
        3. Patrick Collison‏Verified account @patrickc 22 Oct 2017
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          Replying to @patrickc @sknthla

          On present trends, SFBay will, I think, go down as case study in one of greatest squanderings of economic opportunity in history.

          29 replies 169 retweets 894 likes
        4. 8 more replies
        1. New conversation
        2. Craig Montuori‏ @craig_montuori 22 Oct 2017
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          Replying to @patrickc @sknthla

          Well, we sure could use your help on the immigration (~)policy re: supporting Global EIR :)

          1 reply 2 retweets 1 like
        3. //McCoy‏Verified account @chrisamccoy 22 Oct 2017
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          Replying to @craig_montuori @patrickc @sknthla

          Supporting Global EIR should be a no brainier for Stripe

          1 reply 0 retweets 1 like
        4. 2 more replies
        1. Ram Parameswaran‏ @_ram_ 22 Oct 2017
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          Replying to @patrickc @sknthla

          I see it as a normal behavior associated at the end of long bull market. Incremental entrepreneur/startup employee less mission driven.

          0 replies 0 retweets 0 likes
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        2. JD  🌎‏ @JDcarlu 22 Oct 2017
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          Replying to @patrickc @sknthla

          Agree. Demand is still high (for innovation and new technologies), supply is constrained and shrinking (relative to growth).

          1 reply 0 retweets 0 likes
        3. JD  🌎‏ @JDcarlu 22 Oct 2017
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          Replying to @JDcarlu @patrickc @sknthla

          Unbalance will benefit other places. The key is that they won’t be able (or will be too hard) to concentrate enough talent to reach same SV

          0 replies 0 retweets 0 likes
        4. End of conversation

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