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Once upon a time I saw pg as a guy that was leveling the playing field, and I think he succeeded because of that.

As another comment pointed out, concerning his writing about the wealth tax, I think he's lost sight of the fact that's there's more wealth to be created that's outside the scope of what the wealth advisors for the uber-wealthy are familiar with.




Could you expand on this a bit or give a link where I can read more? And why do you think he has "lost sight" of that potential wealth, as opposed to the idea that many businesses are simply not appropriate for equity financing?


No. And that's a strawman.


I don't think you can expect anyone in the startup scene to support a plan which forces founders to give up equity.

His objection wasn't about taxation as a concept, it was about a wealth tax on stock assets, which definitionally requires founders to give up control of their company as they liquidate shares to pay taxes.

Not really sure how you extrapolate "there's more wealth to be created that's outside the scope of what the wealth advisors..." from that. His opinion is that it would sabatoge the wealth-creation mechanism he knows and has built.




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