(1) Boards are typically so hesitant to oust founders that it's hard to know what conclusions you can draw from those cases. Softer power shifts are very tough to look at. Successful VCs are very pro-founder. Maybe the entire system is wrong, but it's not a test I wanna run live.
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OK — Is there any percentage of total ownership stake that you would *not* want the federal government to have? >20%? >50%? Would it have the right to sell its holdings? Borrow against them? Might it eventually try to do either of those things in some roundabout way?
(Remember that if there is significant capital flight, other tax revenues will drop dramatically. The same populist fever dream that seeks to literally trap the wealthy who want to leave will have to be trusted to not do what it likes & claim it's not violating any agreements.)
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Is that the main concern? I would be just as concerned if forfeited stock was converted to non-voting a 3% annual wealth tax is effectively nationalization of industry. In less than a century, the gov't would own > 95% of all existing businesses
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How are Bezos,wal-mart,google different than Rockefeller/JP Morgan ? The pattern. Innovate once => crush all further innovation => Capture govt The culture you worship, innovated decades ago, and now they seek to prevent your generation from doing the same.
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