What is New York?

New York State has enacted a law barring changes to a public servant's job duties as a result of AI adoption.

“New York is a state that has passed a law saying that you cannot change a public servant's job because of AI.”

A digital-first brand strategy lets consumer goods companies break into non-metro markets like Fargo, ND before traditional sampling-driven brands that cluster in LA, NY, and Miami.

“Typically if you're a better for you brand, you blow up in LA, New York, Miami, these like major hubs and then you kind of grow inwardly. But when you grow up with a digital first mindset within the business from core day one, we had people like I think at one point one of our top targets was like Fargo, North Dakota and all of these like when you're a true digital first brand, you can really break through and go to more places quicker.”

At current private equity valuations, after-tax returns on New York municipal bonds are nearly equivalent to PE returns, undermining the illiquidity premium argument.

“Go buy a New York municipal bond. After taxes, you're getting almost as much.”

Starlink LEO satellites may offer lower latency London-New York than undersea cables, positioning them as the next edge to be exploited in high-frequency trading.

“I think the next upcoming one perhaps it's already there is Starlink because if you have low earth orbit satellites, potentially, you can get a message from London to New York faster than you can through the underwater cable.”

New York's law protecting public servants from AI-driven job changes may widen the effectiveness gap between government and the private sector rather than protect workers.

“New York is a state that has passed a law saying that you cannot change a public servant's job because of AI.”

Nico Laqua claims New York is a poor location for startups and advises hardcore founders to relocate to San Francisco.

“New York is not a good place to have a company at all.”