Forrest @Forrest_Wilson_

I think it’s time to revisit the accredited investor laws in the US. Companies are staying private longer, where only accredited investors (aka rich people!) can invest. Retail investors can only come in after IPO, when much of the upside has already been captured. These rules were created with the best of intentions, to protect regular people from scams - a noble idea. Unfortunately, in practice they've often made it illegal to get richer, unless you're already rich. A regressive tax! We have to judge policies based on their outcomes, not on their intentions. These are two possible routes I see: 1) Replace the rule with something merit-based, like a financial literacy test. Pass it and you're accredited. Having a qualification based on competency rather than your bank balance or income seems far more fair. 2) Remove the rule entirely. Let consenting adults assess their own risk. Disclosure requirements stay and fraud enforcement stays to punish bad actors.

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Forrest @Forrest_Wilson_

3 weeks ago

@caroljsroth No such thing as a non-profit.

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Forrest @Forrest_Wilson_

3 weeks ago

@WAPolicyGreen (every morning is a good morning for BBQ)

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Forrest @Forrest_Wilson_

3 weeks ago

@TravisSCouture Why is WA State funding or supporting a human rights commission during a budget deficit?

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Insurrection Barbie @DefiyantlyFree

4 weeks ago

Oh yea, Israel is totally the problem. 🙃

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Forrest @Forrest_Wilson_

4 weeks ago

@loganb It’s a reflection of ability and policy. She describes it as a complex problem rooted in housing, yet somehow these other municipalities have it figured out. And it didn’t take them 20 years! If you cannot govern to fix the simple things you can’t fix anything.

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Compound248 💰 @compound248

9 months ago

If I am @sundarpichai, I will bury all competing foundational models in negative gross margin tokens for eternity. I will NEVER take my foot off the pricing gas: to merely compete, I will force you to dilute your equity into oblivion. Sam will drown in my tsunami of COGS. $GOOG

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Forrest @Forrest_Wilson_

a month ago

@mattpressberg Partly FIFA partly that our team sucks

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Forrest @Forrest_Wilson_

a month ago

@the_transit_guy Charge like 3x the entry fee for foreign nationals, like other countries do.

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Forrest @Forrest_Wilson_

a month ago

@pmarca Wait, your police actually interact with you when you report a car break-in? That's an improvement over @SeattlePD

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James Medlock @jdcmedlock

2 months ago

It’s honestly crazy we just let the intellectual property rents of Apple and Eli Lilly identify as Irish.

Brad Setser @Brad_Setser

2 months ago

Wags might even say that US tech (Apple/ Microsoft/Oracle more than Google and NVIDIA) and US pharma rents are most of Ireland's current tax base. cfr.org/articles/the-l…

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Forrest @Forrest_Wilson_

2 months ago

Using Gemini AI to escalate a case to try to get through @GoogleAds 's customer support AI, to get to a real ticket submission screen or phone number, to get to a real technical support human at Google who is also using AI.