Dan Reich
@DanReich
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Building, investing. Founder: @TULA (acq by @ProcterGamble), Troops + Spinback (2x acq by @Salesforce) @thensome & more. Reich Capital.
New York, NY
Joined February 2008
This point alone justifies the need for less taxes and government, not more: “Washington already hauls in record $5 trillion plus yearly yet runs trillion dollar deficits through waste, fraud, and bloat. Hundreds of billions vanish annually on duplication and improper payments.”
Sad to see @RoKhanna become another politician who has no economic literacy. Now hold my 🥃 Your case for a billionaire wealth tax falls apart on every key point. You say founders like Jensen Huang would not be deterred by a 1 to 2 percent annual tax on unrealized gains because
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Well said
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“We cannot have a nation with extreme concentration of wealth.” Ro’s proposals will do exactly that by driving out the people creating the most opportunities, in a few markets, thereby redistributing that wealth and those opportunities elsewhere whether it’s Florida, Texas, or
My district is $18 trillion, nearly 1/3 of US stock market in a 50 mile radius. We have 5 companies with a market cap over a trillion dollar companies. If I can stand up for a billionaire tax, this is not a hard position for 434 other members or 100 Senators. Those saying that
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The best politicians welcome in the best from the private sector This would be an easy win for NY Too bad newly elected NY leaders resent successful capitalists, entrepreneurs and other types of people
Given the level of Medicaid fraud in Minnesota, which steals taxpayer money that could be used for good, I'd like to offer my services to @ZohranKMamdani and @GovKathyHochul to be the NY Medicaid Fraud independent investigation lead. I'll work for free and report out weekly.
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No words
“I was going to be his sex slave for life..” Survivor of Hamas captivity Romi Gonen testify about the rape by Hamas man in her captivity. This is the most recent testimony of numerous, proving Hamas systemically used rape as a weapon of war. @uvda_tweet
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As someone who went from building and selling tech cos to Salesforce to building and selling a skincare brand to P&G, IMO @SahilBloom is about to enter a massive, high-margin, low-ish-risk, high-reward, highly scalable category that's very appropriate for someone who's built a
imo @SahilBloom launching a skincare brand is a MASSIVE miss. I don’t know the backstory. Maybe it’s his brother’s passion project and Sahil is just the face - idk But here’s the real point. As you get bigger. More influence. More access. More leverage. The most important
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Henry Ford went bankrupt twice before success. His first auto company failed (1899). His second collapsed after investor fights (1901). In 1903, on his third attempt, he founded Ford Motor Company, then reinvented mass production and built one of the most valuable companies on
Says the guy with 6 bankruptcies.
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This is the way Inevitable Embrace it and and love it because it will be glorious And we’ll be able to spend less time doing things we “have” to do and more time doing things we want to do
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I've seen this movie a few times now... A company isn't doing as well as it could be. It's a mess. Too much going on. New and necessary leadership comes in. The good ones? What do they focus on? KISS. Keep it simple, stupid. Go narrow and deep. Be excellent in very few
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For dinner yesterday, I was choosing between Shake Shack and Balthazar. After dinner, I was deciding whether to watch Band of Brothers again or catch up on my TikTok inbox. This morning, I was choosing between sending an email or sharing this post about how attention actually
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Love to see this
Taylor Swift's Eras tour generated $2 billion She gave her staff a total of $197 million in bonuses From dancers with $750,000 cheques That's 5x top dancers annual salary To truck drivers with $100,000 cheques That's equivalent to an annual salary This is leadership, giving
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When you've never operated a company before that builds real goods and services, it's easy to get confused about how capitalism, market dynamics, and operations really work One of these takes is not like the other https://t.co/S9g6pEndPr
iRobot is selling itself to Chinese manufacturers, a result of hedge fund attack a decade ago that gutted the company. Wall Street is a threat to our national sovereignty.
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Absolute hero. The world needs more people like him. 🙏
🚨 BREAKING: The HERO in Australia who disarmed one of the Islamic terrorist shooters is a married father of two, has NO experience with guns, and caught 2 bullets in the arm They think he will be OK and he's having surgery. CELEBRATE HIM WORLDWIDE 👏🏻👏🏻
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This was on October 8th, before Israel responded to the massacre of Jews on October 7th. Sydney, Australia Praying for the families and victims in Sydney
Sydney, Australia - October 8, 2023 “Gas the Jews.” “Fuck the Jews.” “Allahu Akbar.” Don’t say there weren’t any signs.
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May their memories be a blessing
BREAKING: New footage shows American hostage Hersh Goldberg-Polin and others celebrating Chanukah in Hamas tunnels—trying to light a candle and singing. Hersh, Carmel, Eden, Alex, Almog, and Ori were all murdered in captivity.
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Charlie Munger: “It's very counterproductive for an individual to feel like a victim, even if he is one. The best attitude is just to be cheerful about everything and keep plugging along.”
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