Land value taxes. http://techcrunch.com/2015/09/17/chamath-palihapitaya-on-insane-burn-rates-ipos-and-raising-a-new-real-estate-fund/ …pic.twitter.com/fbLUqHHFWc
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@eparillon it's actually not an easy job considering that only the very top tier funds actually return. Rest are nothing.
@kimmaicutler I put them in the same category as mutual funds, etc. Beating the overall market is mostly luck.
@eparillon completely disagree. Company building from scratch is very different.
@eparillon in reality, should be the founders, workers, etc.
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