I’m not blaming him. Just pointing out that he took advantage of a loophole in ROTH IRA to further enrich himself. None of us ordinary people is able to buy companies worth millions of dollars for $0.001 per share.

The FTC that said they couldn’t do shit about the internet, cellular, or media oligopoly due to lack of funding? Okay. Lina Khan’s FTC has been an absolute joke.

He shorted SVB while he watched it tumble. This guy is pure evil like his company PayPal.

This is a narrative you see alot, the fact is the portion of single family homes bought by hedge funds/institutional investors is small. The REAL problem is rampant NIMBYism that chokes supply of new housing

Cool, do it on earth first please.

The writing was on the wall before the pandemic, which only accelerated the inevitable.

Did Moody's downgrade of SVB Financial's credit rating have nothing to do with Thiel and others' decision to withdraw their money from SVB?

For some reason it happened the same day Moody's downgraded SVB Financial's credit rating while SVB failed two days later.

Knowing history of private equity firms, MindGeek won't be around much longer and that's a good thing.

Another reason is because someone up top will own the property outright and then lease it to the company.

Probably crazy zoning laws that would somehow block that

A $50m sacrificial lamb so he can have plausible deniability.

I also had that…

I wonder if annual tax breaks are bigger than annual rent costs for the offices?

I think I’ve seen this movie. And if I haven’t, I want to see this movie.

tough to blame him. built a company & sold

He's a total bullshit, can't even handle a simple situation like he knew something

That feels really dumb and counterproductive, but I don't own a 2mm house that has bars in its windows, doesn't have curbs or sidewalks and is a block from El Camino Real, so....

Solar is notoriously weight and size inefficient, making it a poor solution for space when any real amount of power is required.

But without their Silicon Valley campuses how will they connect through the blockchain to network with AI to synergize with local companies.

Sure. Where’s the Lube.

Most tech companies want to return to office cause they sign 10+ year leases and want asses in those seats. Also pretty sure alot of big companies get tax breaks for having offices in certain cities which they don’t want to lose, but it makes no sense to pay rent on empty buildings.

The company i work for was one of the first to jump on the “work from anywhere” wagon. Now they want everyone on go back to the office 4 times per week. Unless you were already remote in the first place

It's really not that hard to understand. Tax policy has multiple goals, and revenue is the only simple one. The big one is incentivizing beneficial behaviors like investment.

We will be building nuclear weapons in space in no time!

Damn google is building that self sustaining campus on Caribbean avenue in Sunnyvale, makes sense to sell there other campuses in Sunnyvale.