What is New York?

A federal OSHA heat standard could paradoxically weaken worker protections: in states without their own OSHA plans, a weak federal standard would legally preempt stronger city or county heat ordinances.

“If OSHA has a standard, then states without state OSHA plans, which are most states actually, would be procluded from doing anything like Texas, if the state legislature allowed them to do it, a Texas city couldn't issue a heat ordinance or New York couldn't do that.”

New York Governor Hochul signed the first formal US data center moratorium, lasting one year.

“Governor Hawk in New York became the first governor to sign a formal data center moratorium, which I think is for one year.”

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.”

Texas spends roughly $6,000 per citizen versus $12,000 to $14,000 per citizen in New York, about half the per-capita outlay.

“In Texas we're spending half as much money per sometimes less. I think it's two and 2.2 times as much is spent on each citizen in New York and we spend half as much, right? It's $6,000 per person, they spend like 14 or something, 12 to 14.”

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.”