shazow
@shazow.eth
As a society, I believe we should optimize for two things: 1. Stability: We want an environment where people and ventures can make long-term plans with confidence. 2. Wider allocation of wins: We want "more people get lots of little wins" instead of "fewer people get a rare big win"
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boscolo.eth
@boscolo.eth
How do you propose to achieve #2? (I agree with it as a goal) Typical SV equity distribution seems to be one of the core contributors to “fewer people get a rare big win”
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shazow
@shazow.eth
This can improve in many forms, for example: - we can improve safety nets so more people are able to take more entrepreneurial risks (eg not tie healthcare to employer) - we can encourage more smaller local investments instead of fewer larger investments (by naming is cheaper/safer/more tax advantageous for people to make their first small investments, such as by incentivizing cooperative structures) - more incentives for using small local upstarts rather than megacorps who can afford to subsidize their way into monopolies - in MEV sense, that can mean breaking up large lucrative transactions into lots of small auctions where one player can't win them all I think these opportunities are all around us, we just have to train our eye to identify them
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shazow
@shazow.eth
Also, of course, cutting down compensation gaps between the top and bottom employees. Lots of ways to attempt this, such as added corporate taxes proportional to the total compensation ratio. It should be cheapest and most tax efficient to run a cooperative with fairly balanced compensation.
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