> So if the post-$40m raise founder's share is $30m (number doesn't really matter), he'd have to pay 1.1% of that in wealth tax? So he'd have do dilute his shar

> So if the post-$40m raise founder's share is $30m (number doesn't really matter), he'd have to pay 1.1% of that in wealth tax? So he'd have do dilute his share from e.g. 75% to 74.25% Paying 1% on $80M for a company that isn't making a profit is a trivial amount to you? Must be nice. :-)