But presumably we're keeping the functional electric vehicle infrastracture, reusable rocketry, a browsable and searchable web, online purchasing, and same-day delivery for absolutely everything, because finders keepers, right?https://twitter.com/BernieSanders/status/1176481898685710337 …
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If a sizable chunk of the US tech economy is being predictably sold off annually and founders are getting cut out, stock values are going to plummet. A bunch of endowments & retirement accounts are tied up in VC interests in these firms. Hard to overstate how bad this would be.
A bunch of middle class and retiree wealth in both the stock market and private retirement plans would vanish, and fresh innovators + investors not currently trapped in the US under the 40-60% exit tax would be out of their minds to come put themselves in the vice. Think.
