If they could get incredibly good terms, would you advise a startup to raise a big round for the war chest without specific use for the money, ala Slack?
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Depends on the startup. Maybe if it's one that might have unforeseen expenses. But I'm not a fan of this idea generally.
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Dems keep talking about money, taxes, how to get more money into people’s pockets vs billionaires. I get that. But it comes across superficial. Makes people look like money. Republicans have a much deeper message, much tighter community.
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Republicans certainly have a tighter community, and a simpler message. In the 30s their simple message was that taxation to give people a guaranteed retirement was socialist. In the 60s it was that medicare was socialist. Not much different now
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There is no right time to decide when to tax or how much. It’s not a technical problem, despite the the engineer/tinkerer’s utopian fantasies. No bureaucrat or politician can magically discover all the tacit knowledge embedded in a society to allocate resources appropriately.
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>40 years after Hayek’s warning, we are still groping in the dark, pretending to be omniscient, about what can only be discovered in the markets https://mises.org/library/pretense-knowledge …
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