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What if you started a company, grew it and went public and in the ensuing years the markets pushed its value up such that your share was suddenly, and temporari
by voisin 6y ago
What if you started a company, grew it and went public and in the ensuing years the markets pushed its value up such that your share was suddenly, and temporarily, worth more than $100m? Are you forced to sell the excess and be forced to pay a capital gains tax and reduce your control over your company?
- briefcomment 6y agoI think the increased competition would limit huge valuations, but maybe any overflow could go to other employees. Beyond that though, it's hard to see what would make the most sense. My guess is that we would have a system different than owning stock in a random company. There's probably no reason we need to be tied to what we currently do.