"140 nonprofits were not in good standing while holding contracts with the city that totaled more than $300 million"
With an astounding 38,000 city employees there is no excuse for this utter waste of OUR money.
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Philip Wong
@pwong38
I can be a little snarky at times. 
San FranciscoJoined May 2013
Philip Wong’s Tweets
I wish everyone a healthy start to the New Year! 愿你的新年像兔子一样祥和美好! #cny #happylunarnewyear #gongxifacai #happynewyear2023 #happychinesenewyear
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Sam Bankman-Fried, Causing MORE Trouble. SBF Court Update youtu.be/1q9MD4BEcCg So now we know where he got the money for his attorneys.
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$40m WILD lifestyle! Caroline Ellison & Sam Bankman-Fried (SBF) at FTX youtu.be/1YOKrdTwDyI Well, the money was spent somewhere...#Crypto #FTXScam #FTXbankruptcy #liars #MoneyLaundering
Former FTX CEO Sam Bankman-Fried Breaks Silence #crypto #ftx #sbf #btc #... youtube.com/shorts/wYjqzhi so I guess this is the real him
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Wishing everyone a wonderful start the the New Year! #HappyNewYear #HappyNewYear2023 #startups #startupgrind #goodbye2022 #startuplife #startups #VentureCapital
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Bankman-Fried's Incredible Shrinking ‘$250 Million Bond’ coindesk.com/consensus-maga that is a significant promise to pay to the court so where is he getting that money. Even if a bond issuance is a fractional amount, assets don’t fall out of thin air.
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Caroline Ellison Apologizes for Misconduct in FTX Collapse - they will turn on each other, and heads will start rolling. To plan it like this is the biggest fraud knowing that they were doing something wrong. Other employees??
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San Francisco's Tenderloin Business Owners Say They Want Their Taxes Back youtu.be/D-O1rr9OpCI It comes down to proper leadership and what we have is not working. I have not seen the city in crumbles like this and it comes from BOS to the Mayor’s office.
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FTX founder Sam Bankman-Fried to be released on $250 million bail - CNBC- I guess we know where some of the “missing funds” is currently being used for...
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We are a major metropolitan city which means we are a business district and center which needs access to roads to make the business work. These bikers make it seem like they own the whole city—no more logic at this point.
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A preliminary plan to remove cars from San Francisco's Embarcadero has garnered a mix of reactions—some quite spirited—from local business owners and employees.
sfstandard.com/transportation
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It just keeps coming. I wonder how many billions are lost at this point. Kevin O'leary May Be Arrested For Promoting FTX – Peter Schiff
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Moon, a doomed humpback whale with a broken spine, travels 3,000 miles doing breaststroke - USA TODAY---heartbreaking 😢😢😢
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He had to have seen this coming. 🤷🏻♂️ FTX founder Sam Bankman-Fried arrested in the Bahamas after U.S. files criminal charges - now let's see how this will play out.
How problem tenants are making S.F.’s affordable housing an unlivable nightmare
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Baby Exposed to Fentanyl at San Francisco Park, Family Says
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Well, it will be more than a billion along with the recession.
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San Francisco is looking at a projected billion dollar hit to its budget as a result of office buildings emptying out due to work-from-home. One supervisor described it as "blowing a hole in our budget." sfstandard.com/business/blowi
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SF Supervisor Dean Preston is, among his many other transgressions, a snake oil salesman.
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Look at the funding on Prop. M — @DemSocialists @DSA_SF and… $45K from wealthy land baron @DeanPreston (evidently they couldn’t afford a copy editor). How is it even ethical for a sitting supervisor to donate $45K to a ballot measure he sponsored?
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As a startup founder today, do you feel you can raise capital the same as before? #startuplife #startupbusiness #startupfunding #startupculture #StartupSpace
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FTX’s Collapse Leaves Employees Sick With Anger - The Wall Street Journal
This is never good because it sounds like he took people’s money and used it for his own gains.
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It does not matter on the whole Chinese representation; it matters if you listen to the people that help you get into office. Congrats ,
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FTX Meltdown Has ‘Whiffs’ of Enron-Like Scandal (1) news.bloombergtax.com/financial-acco
I would say more like a multilevel marketing Ponzi scheme at this moment. Don't forget Terra, Onecoin, and many others. #Crypto #downfall #scandal #startups #startupgrind
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So he said he was living modestly and driving a corolla, but $40m is not modest. I wonder what happened to all that money. #startup #crypto #startupbusiness #bankrupt
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Tech Layoff
Meta - 11k (13%)
Twitter - 3.7k (50%)
Intel - 20%
Snap - 20%
Netflix - 450
Robinhood - 30%
Stripe, Lyft - 13%
Salesforce - 2k
Amazon - 10k
120k+ layoffs. 2000-01 dot com layoffs were ~107k. Q4 layoffs have just begun.
A brutally cold tech winter is coming.
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Mismanagement of funds???? Ummmm.....
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Nine members of @SFLatinxDems board resigned over mismanagement of funds and intimidation and harassment by “current and former members.”
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Replying to
So uhhh is your family going to register its luxury rentals for this tax or nah?
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Morning Founders!! Who is still hustling on the weekend??? 👊🏻👊🏻👊🏻👍🏻👍🏻😉#startup #startuplife #startupbusiness #StartupSpace #startups #hustle #Growth #Grateful
When we talk about startups, it can be an immense joy with many challenges along the way. Accept and face everything from heartache to the ups and downs. #startup #startuplife #startupbusiness #Grateful #startupjourney #fundraising
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SF population is shrinking, and also rippling effects. youtu.be/j-CMBVzcEyY This is the issue with the government. They like to spend like crazy; an example is the $1.7m toilet.
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engardio.com/blog/debate
Remember, Mar is a “highly” educated Professor and teaches college students. He needs to be fired as a professor and as a BOS.
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C'mon people retweet this so we can get some more hilarious responses!
🤣😂🤣
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With the recent school shootings today, walking through Ortega Park, that one kid walking around with something like that where toddlers are running around. All these kids can do is talk back when approached by parents. #outersunset #poorparenting #sfusd
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If you are a startup would you open you office in San Francisco? Why or why not? #startups #startup #startupchallenge #venturecapital #startuplife #startupbusiness #startupchallenge #sfstartups
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Love what you do, and do what you love!!! #founder #startups #startupchallenge #startuplife #startupcommunity #startupbusiness #startupmorning #startupjourney