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It depends on the terms of his lease. If they're truly arms length market rate terms then he's actually concentrating his personal risk and aligning his incentives more closely with the company which is what an investor would want.

There are a myriad of rights that the funding members of venture rounds get as part of their class of shares that means you can own far in excess of 50% of the company and/or have far in excess of 50% of the voting shares and still not really control the company in any meaningful way. As many a...

Given that there are as many different variations as there are people proposing an FTT, to be honest we have no idea what FTT advocates have in mind and there is far from universal acceptance on what it would look like even among those who are advocates. Which is too my point, we should be...

I'm surprised given the silly money they had to throw around they didn't try to hire you to either get you out of the way or try to indoctrinate you to the dark side. Hell, they might have even given you a half dozen LLCs as a signing bonus!

I'm not a proponent of an additional FTT, I personally think increasing it is a horrible idea. However I also do my best to be intellectually honest, and being intellectually honest in this debate means pointing out that: 1. We've had a transaction tax for nearly a 100 years. 2. Therefore is...

I've lived through a major recession as an entrepreneur (you?). If anything the need for co-working space grows during a financial crisis. Entrepreneurs don't go away, but the funding to have your own dedicated office space often does. It's a dangerous thing to fall into the "kids these days"...

That sounds a lot like having your company require a big retinue to follow you and then putting the up in accommodations owned by you at your company's expense? I guess that's fine if the company is the Federal govt?

Last I checked we've had a financial transaction tax in the U.S. since 1934. We call it the Section 31 fee, or colloquially the SEC fee. Best I can tell civilization as we know it hasn't ended, or any of the other drastic alarmist consequences listed here. Certainly it's a legitimate debate as...

That completely missed my point that the UK is a gnat on the ass of Europe from their perspective, the amount if imbalance in an insignificant amount of trade with plenty of substitutes is irrelevant. You still seem to be confused about who is the one leaving here. You somehow seem to think...

He's most probably either confused luck with skill or he's bullshitting you. It's a pretty common human condition, ask anyone after a trip to Vegas how they did and often they'll tell you how much they were up or what they wonder but seldom their net results. Same when it comes to bragging about...

Funny you picked this quote, I actually had the pleasure of talking with Professor Sweeney about this in person back in 2007/8 when I was at school and he was helping us develop my first business. I've of course read Professor Sweeney's book and I don't believe that anywhere in the book...

What you're missing is that nobody in any state of sane mind in the EU would accept the UK "demanding" anything! Again, the Brexiters flatter themselves with their sense of importance to the EU. The UK in fact has an almost identical GDP to Canada and Canada actually exports/imports far more to...

I'm a student of Enron and the power crisis, also happened to live in CA at the time of the rolling blackouts, and I'm not remembering any socialism as a root cause here. CAISO is a FERC regulated entity and ultimately responsible for the lack of capacity that caused the blackouts. In fact it...

Actually no, successful negotiations in a situation where you will have repeated negotiations with the same party over time most certainly do not proceed in that fashion. Note the key focus on the words successful and repeated. Certainly you can burn your own house down to scare your neighbors...

That's a very Trumpian take on both the respective negotiating positions and the concepts of negotiation. Will probably work out as well for the UK as it's worked out for him.

I don't know how you call the internal mess of UK politics "getting a spine". If they've accomplished anything it's been purely accidental. From the outside looking in, the problem all along has been the U.K. insisting that they get anything from the E.U. when they are in no position to...

It's even more absurd to talk about a country itself "breaking" it's own laws! Again, this is international law, it's a whole different animal than internal civil law.

"Legal" is really a meaningless word when it comes to sovereign countries interacting with one another. There are treaties and consequences of violating those treaties, and diplomats speak in terms of those consequences, but you're oversimplifying a remarkably complex concept if you try to...

What @bone said! Couldn't agree more.

That's almost Baghdad Bob/Trump at the UN laughable! The UK, an "attractive safe haven"? At this point they're more of a laughingstock around the world.