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> if we remove corporate personhood, will businesspeople then all of the sudden become less motivated to create companies and incorporate them so they have the
by travisoneill1 8y ago
> if we remove corporate personhood, will businesspeople then all of the sudden become less motivated to create companies and incorporate them so they have the opportunity to make money?
It's not about opportunity for profit, but protection from loss. When Elon Musk rolled some of his money from the Paypal exit into Spacex he did it knowing that if it fails, he would only lose what he put in. You are talking about a situation where the only two options are take no risk, or risk everything. Do you really think that this wouldn't discourage people from starting a low probability of success business?