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vgr's profile
Venkatesh Rao
Venkatesh Rao
Venkatesh Rao
@vgr

Tweets

Venkatesh Rao

@vgr

This is my conversational account. For my work follow @ribbonfarm, @breaking_smart, @artofgig. Tweets are 90% vacuous views, apathetically held. Mediocritopian.

Los Angeles, CA
venkateshrao.com
Joined August 2007

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    1. Venkatesh Rao‏ @vgr 28 Nov 2019
      • Report Tweet
      • Report NetzDG Violation

      | ̄ ̄ ̄ ̄ ̄ ̄ ̄ ̄ ̄ ̄ ̄ | | Why yes, I’m a member of| | the educated, elite, | | professional class! | |___________| (\__/) || (•ㅅ•) || /   づ

      3 replies 2 retweets 41 likes
      Show this thread
    2. Julie Fredrickson‏ @AlmostMedia 29 Nov 2019
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      Replying to @vgr

      I mean you asked what did you expect us to say. Like hell we admit to being in the 1% that’s déclassé

      1 reply 0 retweets 0 likes
    3. Venkatesh Rao‏ @vgr 29 Nov 2019
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      Replying to @AlmostMedia

      Ah ha so you ARE in the 1%pic.twitter.com/lSaKSAaAxn

      1 reply 0 retweets 1 like
    4. Julie Fredrickson‏ @AlmostMedia 29 Nov 2019
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      Replying to @vgr

      It doesn’t take much 🤷🏻‍♀️ like I’ve been in the 1% most of my adult life thanks to founding (equity!) and life partners with high incomes. And I think my hubby and I still don’t count as accredited investors so what is up with that hmmmmn 🤔

      2 replies 0 retweets 0 likes
    5. Venkatesh Rao‏ @vgr 29 Nov 2019
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      Replying to @AlmostMedia

      We’ve never been anywhere near it by either net worth or income (I think the current thresholds are 4 million and about 400k in the US) Hard to assess since people use different numbers and adjust for geography in different ways, but 1% is out of reach for me by all of them

      1 reply 0 retweets 0 likes
    6. Julie Fredrickson‏ @AlmostMedia 29 Nov 2019
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      Replying to @vgr

      I was using the 500k income as the threshold which in NYC at least is just your average double income no kids white shoe lawyer and VP at a Fortune 500 (which is how I first broke into it with an ex)

      1 reply 0 retweets 1 like
    7. Venkatesh Rao‏ @vgr 29 Nov 2019
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      Replying to @AlmostMedia

      * puts Julie’s name in little black book of potential future clients *

      1 reply 0 retweets 1 like
    8. Julie Fredrickson‏ @AlmostMedia 29 Nov 2019
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      Replying to @vgr

      Crazy that that income both puts you in the 1% but in our oddly paternalistic private investing regime is not enough for accreditation- no wonder the rich get richer if only the slimmest sliver of people can own equity in companies with most potential for alpha

      1 reply 0 retweets 1 like
      Venkatesh Rao‏ @vgr 29 Nov 2019
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      Replying to @AlmostMedia

      Hmm doesn’t seem too hard to meethttps://www.investopedia.com/terms/a/accreditedinvestor.asp …

      1:15 PM - 29 Nov 2019
      1 reply 0 retweets 0 likes
        1. New conversation
        2. Julie Fredrickson‏ @AlmostMedia 29 Nov 2019
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          Replying to @vgr

          “A person is also considered an accredited investor if he has a net worth exceeding $1 million, either individually or jointly with his spouse” which is a lot (also lol why is it a he?) but goes on to say 300k income would work 🤷🏻‍♀️

          1 reply 0 retweets 0 likes
        3. Venkatesh Rao‏ @vgr 29 Nov 2019
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          Replying to @AlmostMedia

          Sounds like you could qualify if you tried the right way. Possibly liquidity of net worth plays a role.

          0 replies 0 retweets 1 like
        4. End of conversation

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