Re:Patagonia founder gives away the company
by smaddox on Wednesday September 14, 2022 @09:36PM
(#32845937)
Okay, but this would disincentivize individuals from building multiple successful companies after a certain point of personal success.
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Re:Patagonia founder gives away the company
by banannaise on Thursday September 15, 2022 @10:26AM
(#32852552)
No it wouldn't. It would cease to further incentivize them. Once you have enough money to live comfortably for the rest of your life, maybe you don't need external incentives for your behavior? Maybe you should be encouraged to simply do whatever you find most fulfilling, without financial reward?
Re:Patagonia founder gives away the company
by smaddox on Friday September 16, 2022 @06:19PM
(#32872744)
> dis·in·cen·tiv·ize
> verb
> discourage (a person or course of action) by removing an incentive.
Regardless, though, how exactly would your proposal not prevent someone from building future companies? If stock is considered monetary wealth (the only viewpoint from which we have billionaires), they would be forced to... What? Give away their existing stock in order start a new successful company?