>>60898777
Checked and that's only a part of it. The whole framing is fucking retarded.
So Bezos starts an online book company in his shed and gives himself 10% of the company, worth jack shit at the time.,
Turns out Bezos is a business gigagenius and he turns his shed bookshop into a $2.7 trillion logistics powerhouse. His 10% is now worth $270 billion on paper, although it's actually only worth whatever the buy side liquidity is on those shares if he started selling into them, also acknowldging the fact that if he started selling them en masse he would cause a cascade of selling as people try to get out with value.
So he doesn't "have" $270 billion at all, it's just a crude way to assess wealth with the current value of one share at market price multiplied by the shares he holds.
Now lets say we lived in communist retardo universe and he'd actually been taxed on his unrealized gains the moment his paper wealth went over a billion.
Suddenly you have huge government sell pressure on the shares at a fixed level, so who the fuck is going to buy the shares just below that level? Nobody. You're literally guaranteed to get dumped on by the government.
So the result is that despite Amazon's success it now has a government enforced value ceiling that completely stops it from being able to raise capital to expand and operate at the scale it needs to to actually work.
End result? You don't have Amazon. You don't have anything like it, because it's literally impossible to create an entity at that scale.
And the communists probably like that idea, because in their fantasy "no amazon" means rows of indie bookshops staffed by people like themselves, when in reality all that happens is China builds their amazon instead, takes 100% market share, and grinds the Neo-luddite communist West into the fucking ground.
