Progressive Equity
topic on 1 show · 5 statements across 1 episodes
5 statements about Progressive Equity, every show
Mason: Progressive equity frameworks in startups are not anti-capitalist
“Once you talk to employees about it, they get it pretty quickly and there's nothing about it. That's anti capitalist.”
Mason: Wealth concentration for philanthropy can beat employee redistribution
“Arguably it's better for one benevolent person to end up with all this money instead of just distributing it evenly among all the employees. Right. So that they can all buy, you know, slightly nicer cars and other, you know, materialistic things.”
Progressive equity taxes individual equity above thresholds at 50%
“So once you have enough equity or once your company is valuable enough that your total ownership is greater than 50 mega donks, all of your value beyond that. Has, is basically taxed at 50%. So you get half of it, and the other half goes into a pool that's red…”
Mason: Progressive equity applies a progressive tax system to startup equity
“So so what progressive equity is, is a system that's basically like a progressive tax. It's an income redistribution system within the company that as the company becomes more and more valuable, it redistributes percent ownership away from the highest percent …”
Horowitz calls Mason's progressive equity concept ingenious
“This is one of these things where I get, ah, kind of emails all the time about new kinds of employee incentive plans and so forth, and like how the old ways of incenting people will never work, and there's a great better way, and usually they're just chock ful…”