Comment Re:If the asset tax passes, he'll owe 1.5B (Score 1) 108
Selling shares could mean the different between control and loss of control of the company. As in, you have loyal people on the board who understand your vision, and suddenly depending on perent ownership you and your friends will be minority stakeholders and you can get kicked out of your own company. Remember, it happened to Steve Jobs famously. But it's actually fairly common the founders get kicked out of their own company when they no longer have controlling amounts of shares. You'd be handing control of the company to people who bought shares solely because they want to make money. Don't care about the vision, don't care about the industry. Which is OK, but also they won't know how to run things. Next thing you know the company gets run into the ground.
Also, what about private companies