DISQUS

George Zachary · 2 years ago

Such a "VC capital gains tax" would also affect entrepreneurs and all of the participants in the new companies creating the new economy. It would force investors (both private and public) to value and invest in companies that have more of a "dividend" structure than a "capital gains" structure. And it would reduce valuations across the private equity landscape and lead to greater dilution for entrepreneurs and common shareholders.

Make no mistake about it: this idea is bad for all of us in the new company creation business, not just venture investors.

It's real affect is to tax and slow down the rate of transition of power and economics from the Old World rulers (known as government) to the New World participants (known as the individual). And that is just not good for world stability and individual happiness.

Eron · 2 years ago

Emotiv's idea is the same idea that was tried by an east-coast company called east3 (later attention.com) during the web 1.0 bubble. That company went bankrupt after the bubble burst.

lemon obrien · 2 years ago

@George Zachary

stop the new law. i like creating companies.

Harshal Vaidya · 2 years ago

To all the VC's! Its time to move to India ! Capital gains tax here is just 9% and you may get tax breaks since you are a foreign VC firm.

:-)

fikir · 2 years ago

i heard Malaysia has no capital gain tax.. let move to Malaysia, but there are more than tax factor that entepreneurs and VCs need to be succesful