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theSamParr's profile
Sam Parr ⚪️
Sam Parr ⚪️
Sam Parr  ⚪️
@theSamParr

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Sam Parr  ⚪️

@theSamParr

Love motorcycles and dogs. CEO of The Hustle. Internet entrepreneur and investor. Always scheming. ya, check mark is a joke

San Francisco
thehustle.co
Joined July 2012

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    1. Benedict Evans‏Verified account @benedictevans Feb 28
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      Around half of Silicon Valley startups return less than invested capital. One should presume that effectively all the options at all of those companies end up being worthless, and the employees never get cash from them. Taxing the employees on those options… 🤦🏻‍♂️🤦🏻‍♂️

      29 replies 115 retweets 827 likes
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    2. Antonio Altamirano‏Verified account @antonio Feb 28
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      Replying to @benedictevans @thomaspower

      Tax the founders and e biggest shareholders instead.

      1 reply 0 retweets 3 likes
    3. Benedict Evans‏Verified account @benedictevans Feb 28
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      Replying to @antonio @thomaspower

      That makes even less sense. Everyone should pay taxes on gains. But, only when you actually have the gain.

      4 replies 2 retweets 173 likes
    4. Antonio Altamirano‏Verified account @antonio Feb 28
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      Replying to @benedictevans @thomaspower

      Assuming there are gains. Employees with stock options (many times) are not liquid enough to acquire their stock options

      1 reply 0 retweets 1 like
    5. Sam Parr  ⚪️‏ @theSamParr Feb 28
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      Replying to @antonio @benedictevans @thomaspower

      Why assume the founders of bigger shareholders are then liquid enough?

      1 reply 0 retweets 7 likes
    6. Antonio Altamirano‏Verified account @antonio Feb 28
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      Replying to @theSamParr @benedictevans @thomaspower

      I’m not assuming anything. I just feel the logic is biased. Been on both sides (+investing) of the equation and more often than not, “founding” employees end up paying more than their fair share. Taxing illiquid assets is dumb for sure.

      1 reply 0 retweets 0 likes
    7. Sam Parr  ⚪️‏ @theSamParr Feb 28
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      Replying to @antonio @benedictevans @thomaspower

      You said tax one person and not the other. Why?

      0 replies 0 retweets 2 likes
      Sam Parr  ⚪️‏ @theSamParr Feb 28
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      Replying to @AminiCorp @antonio and

      How?

      4:56 PM - 28 Feb 2020
      0 replies 0 retweets 0 likes
        1. New conversation
        1. Sam Parr  ⚪️‏ @theSamParr Feb 28
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          Replying to @AminiCorp @antonio and

          Tons of VCs have wonderful returns.

          0 replies 0 retweets 0 likes
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