Its not that its not practical as much as it is actively counterproductive to progress since the minimum effective size in many sectors is larger than that so y

Its not that its not practical as much as it is actively counterproductive to progress since the minimum effective size in many sectors is larger than that so you would end up force liquidating founders out of companies they start, which is a bad thing in for progress in mlst cases. You want quality founders to ma*ntain control and grow a business up to the point it starts abusing market power rather than innovating and that is often far beyond 15 mm valuation. Tje real problem is the market power and that is when heavy regulation and breakup should set in, not at some arbitrarily low asset limit.