The Liquidity Event Podcast: Episode 33

 

Episode 33: Vaxxed and Taxed

Our hosts are caffeinated and extra silly today. There’s the ongoing war in Ukraine which is just heartbreaking. Some slightly good news though, the company Grammarly that fixes all of our typos and spelling errors is donating millions to relief efforts. We’ve also got Pfizer executives pretending they didn’t know the stock price was going to up when vaccines got announced, 323 million in stolen Ethereum, self-driving Waymo taxis, and the pros and cons of LinkedIn. This one is crunchy.

Read the Full Transcript

Speaker 1:

This podcast is for informational purposes only and should not be considered tax or investment advice. Welcome to The Liquidity Event. A show about all things personal finance, with a laser focus on equity compensation. Posted by AJ and Shane of Brooklyn FI. Each episode will take you through the week's news on FinTech, IPOs, stacks, founder wins and fails, crypto, and whatever else these nerds think is interesting. Learn more and subscribe today at brooklynfi.com.

AJ:

You were thinking of the intro could use some spicing up? Spice away my friend.

Shane Mason:

No, no, I don't know. Something a little bit more structured or maybe we could talk about, we could come in with the story, it's March 29th. It's March 9th. I'm drowning in taxes. Anyway. Welcome to The Liquidity Event. Great homework and research done on that.

AJ:

Who are you?

AJ:

I'm AJ.

Shane Mason:

And I'm Shane Mason, CPA.

AJ:

I got a great story, speaking of Shane Mason. It's not a great story. I just wanted to shout you out for giving me a great birthday present. Two years ago, you got me a cameo of Scott Patterson who plays Luke in the television show Gilmore Girls. And he was obviously drunk, as most celebrities are when they do a cameo, and he read your script and went on all these tangents and he was like, "Shane Mason? That's a great name."

Shane Mason:

Shane Mason.

AJ:

Shane Mason. Can we stop asking each other what we're reading? Because I literally have no time to read and it makes me sad. And every time I come in here this week, I feel bad about myself and my intellectual prowess dwindling.

Shane Mason:

There's a retirement concept about the mental health and they say, if you don't use it, you lose it with your brain, AJ, just a heads up. So you might want to pick a book up.

AJ:

Fuck off.

Shane Mason:

People die earlier when they retire because they get-

AJ:

Oh yeah because my brain has nothing to do all day.

Shane Mason:

Because you got a smooth-

AJ:

[crosstalk 00:02:13] My poor languid brain.

Shane Mason:

Smooth brain is one of the best pejoratives for somebody. Look at this fucking smooth brain walking out. That's such a good razz.

AJ:

Oh man.

Shane Mason:

I feel like I have a smooth brain today. I am an idiot.

AJ:

Oh, is there something that you wanted to talk about?

Shane Mason:

No, I'm just literally-

AJ:

Speaking of smooth, don't you have some news to share with the class?

Shane Mason:

I literally have no idea... Are you talking about my skincare routine?

AJ:

Your skincare routine?

Shane Mason:

Yeah. I started my first ever skincare routine this morning at age 34. So yeah. Great timing. I was watching a YouTube video of a guy explaining skincare and he's like, "All right, man. So I know you're in your late teens now or in your mid twenties. You may be late to skincare. It's okay." I was like, "Wait, what?" I was like, "Aw shit."

AJ:

Dude, you got to listen to the podcast, dewy Dudes. Dewy Dudes is the dope woke male skincare podcast. It's very cool. And their Instagram is very funny.

Shane Mason:

Yeah. I mean, if you're doing a skincare podcast that I'm going to listen to it, better be fucking funny. Otherwise...

AJ:

It's very funny. It's very good. You will like it.

Shane Mason:

I mean the whole concept is funny.

AJ:

What are you doing for fun?

Shane Mason:

I'm going through a life event is what I would categorize it as, without sharing too much information. So one of my boys is in town and so the rest of the boys here in LA and I have been getting together and having seshes, as we call them, where we hang for an extended period of time. We've been playing a lot of Mario party and seshing out. Yeah.

AJ:

Your boys have some tax questions for you? Do they lean on you pretty heavily during the [crosstalk 00:04:02] season?

Shane Mason:

Yeah, I was walking into this to record this. And my buddy was like... He's an editor. He works at a day rate and he just wrapped the Andy Warhol documentary. I'm going to plug his doc right here, Steven Ross. So just wrapped the Andy Warhol doc. Drop it on Netflix today.

AJ:

Ooh, boy. Oh today?

Shane Mason:

Yeah. It's today. He's pretty anxious about it.

AJ:

[crosstalk 00:04:21] Hope he didn't fuck it up.

Shane Mason:

Yeah, exactly. Still working on it seven days a week for two years. Anyway, he was like, "Oh, I just noticed like I called him up and I was like, 'Hey guys, I think you might have missed like one of my checks.' And they were like, 'Oh yeah, we actually did miss one of your checks.'" He was like, "Yeah, I got my money today, finally. It was like $20,000." It's like, dude, you didn't recognize that you were missing 20 K from your job? He's a freelancer. I was like, "Come on, man." I was like, "Well the taxes on that are going to be X, Y, and Z." He's like, "Oh no, this is pre-tax or this is after taxes." I'm like, "Wait, what?" So he just told me that his income was the amount after tax. "Well how much did you make? How much was the gross income?" He's like, "Oh, I have no idea." Like what?

AJ:

Interesting. Employee? What's happening? What's going on?

Shane Mason:

Exactly. Like no one knows what they're doing.

AJ:

Why is it so hard? How can we make it easier?

Shane Mason:

Everyone needs help. Even the best friends of CPA, financial planners, they need a little help from their friends. It's hard. It's too complicated. Everything's too complicated.

AJ:

What would be? Yeah, I feel like we and our friend groups are very useful. What is missing from your friend group in terms of use to you?

Shane Mason:

Of use to me?

AJ:

Yeah.

Shane Mason:

Oh, I mean-

AJ:

We got a great lawyer in our friend group. I don't have a good doctor in my friend group. That's what I'm missing. I'd like to know a nice GP who I can just call up and be like, "What's this wack rash on my back. Can you take a look at this?"

Shane Mason:

All of my friends are dirt bags and all of our clients are incredibly talented, like professionals that I should probably do a little musical chair situation. Do a little switcheroo. Get some-

AJ:

Clients, clients, if you're listening, Shane, actually I would like to hang out with most of you as well.

Shane Mason:

I am platonically single. So looking for friends with master's degrees that are not MFAs.

AJ:

And at least $500,000 in equity compensation.

Shane Mason:

Yeah. Jesus Christ. I like board games, hikes, and dogs. Let's go.

AJ:

Oh boy, I don't have a good segue, but there's war going on in Eastern Europe right now, which is obviously occupying a lot of space in our minds. It's just so painful to see all those pictures coming out of the Ukraine. A little bit of good news though. A company that we love and use, Grammarly. I'm sure a lot of our listeners are familiar with Grammarly. The two founders ceased their operations in Russia and Belarus and they basically are-

Shane Mason:

Wait. Can you pronounce their names? Say their names.

AJ:

I'm going to try it. Max Lytvin and Alex Shevchenko, I'm going to guess are their names.

Shane Mason:

Awesome. Yeah. Thank you for saying their names. What'd they do?

AJ:

Yeah. They ceased operations in Russia and Belarus, obviously in protest of this offense of invading a country that just voluntarily gave up their nukes. They're donating all of the net revenue earned in Russia and Belarus since the war started in 2014 through 2022 to causes supporting Ukraine. I would imagine that's millions and millions of dollars. Just a great push there. They're a Ukrainian company, an incredible tech company seeing incredible growth. I would expect we see an IPO from them or an acquisition in the next two years. That's a prediction. I'm going to go ahead and make, I love this.

Shane Mason:

Yeah, there's a lot of incredibly talented development talent in Eastern Europe. We almost hired a Ukrainian team to help be our software development team about two years ago to build out a tool. We didn't end up going with them, but they were super talented and I hope they're doing okay. And our developer right now that we do work with is in Serbia. And he says that while he's hanging out, he meets all kinds of incredibly gifted and brilliant developers in his social circles. Shout out to Eastern European contributions. It's interesting that they are founded in the Ukraine in 2009 and moved to San Francisco. And they're now a $13 billion company because Americans can't spell. Who would've thunk?

AJ:

Software will save the world, it's not always eating it. I rely too much-

Shane Mason:

Deep joke, deep Andreessen Horowitz joke.

AJ:

I'm a terrible speller.

Shane Mason:

You are, surprisingly,

AJ:

I'm a terrible speller. Surprisingly, I'm a terrible speller. I never learned how to spell.

Shane Mason:

Wait, what's the story behind that again?

AJ:

My parents tell me-

Shane Mason:

Incredibly talented content creator and your rhetoric and prose are both extremely compelling. But in fact, you get a hold of a rough draft of AJ's content, it looks like a eighth grader-

AJ:

Actually. That is no longer true because I have Grammarly.

Shane Mason:

Right. But why can't you spell normally, naturally?

AJ:

I'm told it's because I was in an experimental public school in Laurel Canyon in first and second grade, which is really when you learn how to spell words. And we were taught creative spelling, which has been basically just like sounded out and figure it out. And it was never actually taught how to spell properly.

Shane Mason:

Sounds like somebody was homeschooled for a year. And mom was like, "Eh."

AJ:

No, it wasn't homeschool. It was very experimental. It was a class with kindergarten, first, and second grade all together in one class like learning together. I think I might have been a couple years behind Wonderland Avenue Elementary School. Anyways, what else we got here? Ooh, 10b5-1 plans? My fave.

Shane Mason:

Hair flip. Such an interesting mix of nerd and Barbie doll. What the fuck?

AJ:

Oh yeah. Wait, should we bring tax bimbo?

Shane Mason:

Not yet. Audience isn't ready for tax bimbo.

AJ:

What's a 10b5-1 plan?

Shane Mason:

I'm too smooth brain to have a joke this morning, help us out. Give us the actual definition.

AJ:

Oh, and actually I was going to like think of a joke. The actual definition, a 10b5-1 plan is an agreement between someone who works at a company who has information about that company, and it is in a written, assigned legal agreement to sell certain shares of stock at certain dates and potentially at certain prices. So the gist is, you're the CEO of a company, you probably know things that the public doesn't, you know the strategic vision of the company, you probably know the five year plan. So you would be guilty of insider trading if you made your own money off of secret things that no one else knew. So 10b5-1 plan is, "Hey, before I build this plan, I'm just going to say I'm going to sell 2000 shares of this stock every month on the 15th for the next five years, I'm going to diversify. Here's how I'm going to do it." But you can't sell any of that stock outside of the 10b5-1 plan. You are locked into that agreement until you cancel it. That was not a short definition, but it's kind of a complicated concept.

Shane Mason:

Yeah, I lost you there. Can you run it back?

AJ:

Shut up. Shut up. We got to think of a good analogy for 10b5-1 plan.

Shane Mason:

It's a commitment.

AJ:

It's like, I'm going to do these things. Where else in life do you say I'm going to do these things on this exact date?

Shane Mason:

No matter what happens between now and then.

AJ:

No matter what happens, and then you have to do them. Marriage.

Shane Mason:

Death.

AJ:

Send out save the date. We're getting married on this date unless we cancel it. Anyways.

AJ:

I'm going to a wedding this weekend. Very exciting.

Shane Mason:

Someone's got veils on the brain, on the smooth brain.

AJ:

But 10b5-1 plans were in the news, which is always very exciting when we see obscure equity competition laws make headlines, because a couple Pfizer and Moderna executives actually in August of 2020, were in the news because they made a bunch of money because they sold stock coincidentally on the same day that a press release went out that the vaccines were coming along and would be ready early in 2021. So there was all this hullabaloo, but it actually it turned out that these executives did have a 10b5-1 plan in place, that had been in place before the vaccines were approved. And it just happened that the press release went out on the same day. And they said that they could not control the timing of academic studies. And it was just a happy coincidence that they made a bunch of money on the exact day that the stock price shot up. Shane Mason, do you believe them or not?

Shane Mason:

Well, it's interesting. Like 10b5-1s are especially important for companies that have a lot of R and D expense because the threat is that the other holders of stock, they take a look at the sales of insiders and they say, "Hey, these people develop something internally. They knew that it was going to be successful and changed the stock price. And we're all holding stock. But when they sell, it reduces the supply. Because now there is more available for sale. And whenever there's more supply, it drives down the price because of the laws of supply and demand. So we have a lower stock price that now we can sell out because these people sold out before us. So I'm going to sue the company." So the companies, in an attempt to prevent lawsuits from stockholders say, "Hey, we develop things here, but we force a lot of our insiders, if they do want to sell things, to set up these plans that are months or quarters or even years in advance that say no matter what happens in the future, we are going to sell on this date. And this is the amount of shares at a flat amount who knows what the price will be in the future that'll go out the door."

Shane Mason:

So these 10b5-1 plans prevent lawsuits by committing to sales, no matter what. And I think it's effective. It's not required for everyone. Not a hundred percent of insiders are required to do this. It's on company by company basis. The lawyers are the ones that decide when it's important, even who an insider is, what can happen, how many shares can be sold with 10b5-1s. It's really esoteric space that anyone that works in R and D and development, which a lot of our listeners do, should be familiar with. And I think that if you have a 10b5-1 plan, then you are a privileged inside information at public companies, which is really rad. And I think they are effective. And, but they're very weird. I forget the question. What's going on? That was a long answer to a question I already forgot.

AJ:

You nailed it. It's fine. The question was, do you believe them? Do you believe these executives in saying that they didn't know?

Shane Mason:

No.

AJ:

That they didn't time? I don't believe them either. I think they're full of shit.

Shane Mason:

No. Yeah. I'm sorry. That's the short answer. No.

AJ:

Did you know that? So this article, this Glass Lewis article, says that specifically they include a written formula algorithm or computer program to determine the amount, price, and date to be sold. I was not aware of that. I was not aware that these executives were using algorithms, formulas, and computer programs to determine when they should sell. I was under the impression that they got to choose, but maybe we just don't work with high enough level folks yet to know that there's a possibility where they wouldn't even get to choose when they sell. That it would be up to a computer to determine.

Shane Mason:

No, that is a boomer PR executive that doesn't know what Excel macros are. Algorithms? What the fuck? No, you pick a number of shares and you set it out. It's arithmetic. Come on. That's like drop an AI and machine learning into every single pitch deck that ever goes to a VC just for the sake of having it in there. You got algorithms that help you. Yeah. It's called a formula in Excel and you drag down in the bottom right corner and it creates a trading plan. Get the fuck out of here. Next. Sorry.

AJ:

Wow. Okay.

Shane Mason:

I don't know. I just, you think that there's-

AJ:

We're basically building one, we're basically writing one with our tech tool. We're basically writing a formula that can optimize a trading plan for taxes.

Shane Mason:

Yeah. But they're not, I don't know. Sure, sure. They have an algorithm. That's a subjective word.

AJ:

Confirmed.

Shane Mason:

We have an actual machine learning expert designing constraints and a long list of constraints. It's just constraint. I guess that's an algorithm. I don't know. Somebody write in, somebody sent us an email. Is an algorithm just a long list of constraints, in arithmetic?

AJ:

Speaking of a long list of constraints...

AJ:

Is LinkedIn the best social network out there right now?

Shane Mason:

Oh, wow. Jumping ahead. What a segue? Well, I thought LinkedIn was a dating app. So this is explaining a lot to me on why I'm not getting any responses to my connection messages.

AJ:

That is not funny. You have to apologize for that.

Shane Mason:

You never know these days.

AJ:

Women are actually harassed on LinkedIn all the time.

Shane Mason:

Women are harassed everywhere. It's not like I'm oblivious to that fact.

AJ:

Anyway. So you thought it was a dating app. I love LinkedIn. I used to love LinkedIn. There was like a golden age of LinkedIn about a year ago where it was a great place to learn about new tools, listen to interesting people. And now my entire feed is just flooded with HR professionals arguing about whether people should publish a salary on job descriptions.

Shane Mason:

So that's an algorithm. So that is an algorithm. Algorithms ruined LinkedIn, just like they ruin every feed just...

AJ:

Oh, for sure.

Shane Mason:

Give us the chronology. And I don't know. I don't understand why they use algorithmic, I mean, for engagement, of course and selling ads, but LinkedIn has such a cool revenue model that it was supposed to be, sorry. There's a dog coming in the window behind.

AJ:

There's some really intense panting behind you.

Shane Mason:

Dogs.

AJ:

For those listening and not watching, there's a dog breaking and entering into Shane's apartment right now.

Shane Mason:

It'll be fine.

AJ:

Oh my God. He's going to make it.

Shane Mason:

He really is coming. Bear, get out.

AJ:

Oh my God.

Shane Mason:

Bear is a true smooth brain. He's a foster dog. He's a child of incest. He's a cute boy though. LinkedIn has a cool revenue model because... We pay LinkedIn what like over $20 grand a year, $30 grand a year for access to the recruiting tool and the sales navigator where you can contact executives and reach out to people that you recruit to work at the company. Makes a lot of sense when you're growing really quickly. Not a lot of sense for smaller companies.

AJ:

I would say great success with that, actually. One of our newest financial advisors, Caitlin, came through a LinkedIn posting. She actually didn't even apply to the job. I just, through the creepy technology, saw that she was like looking at it. And I was like, oh, who's this incredibly credentialed, qualified person who is peeping our Brooklyn FI's page on LinkedIn and reached out to her. And now she works with us. And she's awesome.

Shane Mason:

Yeah. So they have all these ways to monetize [crosstalk 00:20:18]

Shane Mason:

Wow, what a day on the thought. Anyway, LinkedIn doesn't need to rely on the same amount of engagement to drive advertisement and rage that you see on other platforms such as Instagram, Facebook, and Twitter, because it has other revenue streams. So it was the best for that reason as my expectation or my assumption. But it's a bummer that the algorithm is trying to drive engagement to the point where you're... I never look at my LinkedIn feed because the word feed is dead to me when it comes to an app. But it's is like all HR professionals that are bitching about employment practices, which I kind of get. And I kind of don't get the same time. What are you seeing?

AJ:

I'm seeing a lot of like someone posting a story, like a heart warming story about how they negotiated for more money or like transparency or like this. And then it's a bunch of HR professionals being like, "Yes, see exactly, this is what you need to do." And it's like, "Employers, you guys are evil and you're doing it all wrong." And as an employer, I'm just like, "We're trying, man. Like everyone's trying their best right now." Like it's a lot of whining. It's not productive. Whereas I used to actually find interesting articles. I used to find a lot of tech actually. Instagram has my number in terms of like vases and sweatshirts I should buy. Like LinkedIn had my number in terms of like tech that we should buy to improve our business. Like a lot of the tech we use came from things that I saw in LinkedIn. And now I just ignore it because it makes me angry.

Shane Mason:

Speaking of ignoring tech, did you see that Betterment is allowing cryptocurrency on this platform?

AJ:

I did see that. Yeah. They acquired Makara, which is a crypto trading platform. So now if you are on Betterment, making good financial decisions, you can start making bad ones.

Shane Mason:

Good one. When I heard this, I immediately thought of Steve Buscemi walking up to the kids with the skateboard over his back and saying, "Hello, fellow teenager." This is one of the best memes ever.

AJ:

That's a classic meme. We should just do a whole podcast where we just have a PowerPoint presentation of our favorite memes and explaining them.

Shane Mason:

Sounds like Brooklyn FI's TikTok.

AJ:

Yo SCC, what do you think about that?

Shane Mason:

I think it's interesting that they're getting into crypto. I think this is actually a step in the right. Like this is good branding for crypto. Betterment is a highly trusted, I love Betterment. I refer all of my client, or people that I can't be clients, or that are setting up accounts for the first time to use Betterment. Are the other competitors of Betterment? What are the competitors? There's two of them. There's...

AJ:

Wealthfront and...

Shane Mason:

Ellevest.

AJ:

There's Ellevest. Yeah. Is Wealthfront in crypto? I don't know. I'll have to do deep dive there. Yeah. I mean, I kind of agree. I think if anyone is going to introduce crypto to those who are not familiar with it, they're going to do it well. And they're going to say, crypto is an alternative asset that could be part of your portfolio. They're all about behavior. So there's going to be nudges about like, oh, it looks like you're going all in on crypto. Did you mean to do that? Because it's a very volatile asset class. Like I trust Betterment's editorial and behavioral nudges to like do it well. I agree with you.

Shane Mason:

Speaking of social media...

AJ:

I rarely agree with you.

Shane Mason:

Speaking of social media and how it can get worse. Like when your parents get on Facebook. No, the kids don't use Facebook anymore. And like everyone's parents are getting on Instagram now. So I'm seeing people shifting over to TikTok. When you can buy crypto in your Charles Schwab account and on Vanguard, are we going to see less headlines around? We already see it in Betterment, which is like a bridge to a traditional brokerage or a big custodian like TD Ameritrade. Like once Bitcoin is easily traded there, is the hype gone? And people are shifting over to NFTs now as the TikTok of crypto.

AJ:

Oh yeah. There's an NFT vending machine launching in New York City. That's cool.

Shane Mason:

Do we have to talk about...

AJ:

[crosstalk 00:24:42] No, we don't. I don't want to talk about this. Do you own any NFTs? That's a dumb question. I know you don't.

Shane Mason:

No. I was trying to think of.. There's a lot of great acronyms for NFT. I don't...

AJ:

For NFT? No, the best one is...

Shane Mason:

Oh boy, here we go.

AJ:

Forgot to pee after sex so I don't get an NFT.

Shane Mason:

That is a good one.

AJ:

All right. Anything else that you want to grace our lovely listeners with? Oh, wait a minute.

Shane Mason:

Well we still haven't talked about this, ET, the Ethereum that was stolen via the, while we're on NFTs and Bitcoin and all that. The Ethereum that was stolen. Wait, did we talk about this already?

AJ:

I don't think so. Nah.

Shane Mason:

There's $323 million in Ethereum stolen from a cross chain protocol wormhole.

AJ:

That sounds secure.

Shane Mason:

This is a crypto wormhole. I'm down for wormholes.

AJ:

But I like my wormholes in my science fiction novels. Not in my banking.

Shane Mason:

I prefer to visit foreign solar systems.

AJ:

Yeah. I don't know.

Shane Mason:

This is a step in the wrong direction.

AJ:

It's like with the decentralization, with like defi, like comes the consequences. We just keep talking about this. I feel like we're on a soapbox, but it's like, you wanted it deregulated. Okay, it's deregulated. And then when someone steals from you, want to bring in the regulators. It's magical thinking. It's not how it's going to go. Sorry.

Shane Mason:

I feel like financial advisors talking about crypto or like dudes in New York talking about how crazy the wild west frontier is. And then occasionally someone strikes gold. That's the best analogy I can think of. Like, why are they out there doing that? And then occasionally you find California, right? Like, I don't know. It is a frontier and it's easy to sit on a soapbox and talk shit about it. And I hope that all this innovation leads to something useful. We just haven't seen it yet. And shout out to the pioneers that are getting backhanded left and right.

AJ:

That are getting $323 million to learn from them.

Shane Mason:

Yeah. Speaking of which did you see that the Ruble is down is now down 36% off the dollar?

AJ:

Yeah. It's not a good situation.

Shane Mason:

Not to sympathize as with Russians, but just like Russian civilians, the type that would leave Russia and go on vacation. Like apparently they have a great propaganda campaign to fool ordinary Russians. They don't even think that there's like a war going on in the Ukraine. But imagine being like a regular Russian middle class in New York and like your rubles have lost a third of their value.

AJ:

It's an expensive hot dog. Yeah.

AJ:

Oye vey, yeah. Waymo question, wait. [crosstalk 00:27:29] Oh, oh no. Sorry. We don't have time. We don't have time for Waymo. Let's do Waymo. I love Waymo. So we were recently in San Francisco and we were sitting eating dumplings in Chinatown and what, 15 Waymo cars drove past us? There was like so many and it was really cool. Honestly.

Shane Mason:

V confusing.

AJ:

I was all about it. So yeah, the Waymo, which is a subcompany of Alphabet, right? I think they're one of the Google projects.

Shane Mason:

Yeah.

AJ:

They're going to start charging for robo taxi rides at San Francisco.

Shane Mason:

I cannot wait. Please give me automated cars. I'll do whatever it takes to not have to drive. I saw a really cool thing about how once all cars are automated, we won't need stop signs or stop lights anymore. Because they know when they're going to hit each other. So they can be just like a pattern of cars, like rapidly intersecting with each other. So not only [crosstalk 00:28:18].

AJ:

Like in Star Wars.

Shane Mason:

Yeah, exactly.

AJ:

And like the bad Star Wars movie when they go to the big government planet.

Shane Mason:

I don't know. I fall asleep in the [crosstalk 00:28:31] Star Wars movie I watch, not that...

AJ:

Cool traffic patterns?

Shane Mason:

Yeah.

AJ:

All right. Waymo's cool. Looking forward to a robotic future. Thanks for listening folks. This has been Liquidity Event.

Shane Mason:

What an outro. Wow.

AJ:

You can email us.

Shane Mason:

Seattle's already got its grips in you, fucking playing a Nirvana song on the way out of this one.

AJ:

Smells like liquidity event spirit. Anyway, leave us a voicemail, we'll play it on the air- pod inbox.com/liquidityevent notes on this episode, brooklynfi.com/episode 33 and a third. Just kidding. Just 33. Thanks for listening, folks. Talk soon.

Shane Mason:

Bye.

Speaker 1:

Thanks for listening to the Liquidity Event, hosted by AJ and Shane of Brooklyn FI. Head on over to brooklynfi.com where you can subscribe to the podcast or YouTube channel, or if you want to learn about their full service, financial planning, tax and investment firm, specializing in tech professionals and creatives on the paths of financial independence. We'll see you next time on the Liquidity Event.