AvAlanche

Elon Musk emails OpenAI cofounders September 20, 2017

So I tried to build a tech company from Norway and here’s what happened: 1. Two years of building without almost any money/funding, better part of a year without salary 2. Raise VC and become one of Norway’s first unicorns 3. Face unrealized gains wealth tax bill of many x my annual net salary. ofc the company is loss making and all the investors have preference shares so I can’t take out any money. 4. Call out publicly that this does not make sense. Independent of level, taxation needs to happen when you actually make money. 5. I move to Switzerland because no politician cares/listens. 6. I still don’t get any tangible and sensible answers to my criticism of unrealized gains tax, BUT I do get put up on the “wall of shame” at the socialist parties offices… I’m Norwegian and I love Norway but the socialist politicians are taking the country down a dark path. It’s a real life Atlas Shrugged.