> Look at how many people move from Silicon valley to Texas or Washington just before their companies IPO. Any VC funded company is aiming for huge returns. Sh

> Look at how many people move from Silicon valley to Texas or Washington just before their companies IPO. Any VC funded company is aiming for huge returns. Should founders be rewarded for their risks? The tax system is saying fuck-you to every person who wins the startup lottery - forcing founders to move to keep their winnings is fucked up. Even worse is 2% wealth tax. Win your moneys, then have it taken over the next 50 years at 2%. Worse outcomes the younger you are. Aaaand did they even mention CPI in the article? The incentive structure is completely anti-startup. There are a lot of VC funded companies: if we didn't have startups/VC I wonder how our personal lives would look now? Not saying VC is good, and definitely lots of waste (but maybe less than government LOL)