4 ms·
> How does someone having wealth stop anyone else from acquiring theirs? Through regulation and corruption. Accredited investor regulation in the startup worl
by whataretensors 9y ago
> How does someone having wealth stop anyone else from acquiring theirs?
Through regulation and corruption.
Accredited investor regulation in the startup world makes sure you can't participate in the future, even if you see it coming. Income tax to make sure a good year doesn't let you stop working. Capital gains tax to make sure you can't outperform the stddev for your socio-economic class range.