Nick Hanauer
Nick Hanauer
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Full Name and Common Aliases
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Nick Hanauer is a well-known American entrepreneur, venture capitalist, and philanthropist.
Birth and Death Dates
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Born: September 17, 1959 (age 63)
Still alive as of the last update in 2022
Nationality and Profession(s)
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Nationality: American
Profession(s): Entrepreneur, Venture Capitalist, Philanthropist, Author
Early Life and Background
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Nick Hanauer was born on September 17, 1959. His early life and background are not as extensively documented as his professional achievements.
However, it is known that he grew up in a family that valued entrepreneurship and business. This upbringing likely influenced his decision to pursue a career in venture capital and entrepreneurship.
Major Accomplishments
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Hanauer's professional accomplishments are extensive and varied:
Co-Founder of the online retailer Amazon: Hanauer co-founded Amazon with Jeff Bezos in 1994.
Venture Capitalist: He is also a prominent venture capitalist, having founded the firm Second Avenue Partners in 2005.
Author: Hanauer has written articles and books on various topics, including politics, economics, and business.Notable Works or Actions
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Some of Nick Hanauer's notable works and actions include:
The Price of Winning: In his 2012 essay "The Pitchforks Are Coming... For Us," Hanauer argued that wealth inequality is a threat to social stability.
Patriotic Act: He co-authored the book The True Patriot: A New Look at the Egalitarian Ideal in 2008, which explores American values and history.
Investing in Education: Hanauer has invested heavily in education initiatives, including the Nick Hanauer Fund.
Impact and Legacy
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Nick Hanauer's impact on society is multifaceted:
Innovative Business Practices: Through his entrepreneurial ventures and investments, he has contributed to the growth of innovative businesses and industries.
Philanthropy: His philanthropic efforts have improved access to education for underprivileged individuals.
Contribution to Economic Policy Debates: Hanauer's writings on economics and politics have influenced public discourse on topics like income inequality.Why They Are Widely Quoted or Remembered
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Nick Hanauer is widely quoted and remembered due to his:
Innovative Thinking: His entrepreneurial spirit and willingness to challenge conventional wisdom have earned him recognition.
Philanthropic Efforts: His commitment to improving education and addressing income inequality has made a positive impact on society.
Engaging Writing Style: Hanauer's writings are accessible, engaging, and thought-provoking, making his ideas and perspectives widely known.
Quotes by Nick Hanauer
I think the idea that giant profitable corporations should pay their workers enough so that they don't need food stamps - since when is that left-wing? How did that become 'leftie?' That doesn't seem leftie to me. That seems common sense.
The theory that if wages go up, employment goes down isn't a physical law like F=MA. It's a moral law, like 'Bedtime is 9:00 P.M.'
People want to think of economics as a natural science, like physics, with the comforting reliability of simple-to-understand theories like F=MA. Unfortunately, it isn't. Economics is a social science, and the so-called theories are really social and moral constructs.
Raising the minimum wage is very efficient. Everybody’s on the same playing field, it’s a very simple rule, it doesn’t require a lot of administration, you don’t have to negotiate anything. It just is what it is.
I was more conservative when I was younger. But I don’t think that I’ve moved left – I think the country has moved right.
When businesspeople take credit for creating jobs, it is like squirrels taking credit for creating evolution. In fact, it’s the other way around.
Raising the overtime threshold – something that is about to happen. This is more complex so not as many people understand it, but it’s equally consequential.
I think the idea that giant profitable corporations should pay their workers enough so that they don’t need food stamps – since when is that left wing? How did that become “leftie?” That doesn’t seem leftie to me. That seems common sense.