Makes sense for a public company, but why impose 409A on startups? While we're at it, why do we tax startup founders on restricted stock grants -- should just t

Makes sense for a public company, but why impose 409A on startups? While we're at it, why do we tax startup founders on restricted stock grants -- should just tax when they sell the stock, or maybe when it is listed on a public market...? These changes ("reforms" in my view) may never happen, or may take a loooong time though.