I have to agree with this post. Mark is a really smart guy, but I'm not sure his idea is practical from an implementation point of view nor would it have the desired effect.
I would say, given the value of LinkedIn shares right now (P/E over 300), there is more capital available than there are good people and businesses worth funding.
Honestly, I think we're being crushed by regulation or in some cases paralyzed the fear of it. We've gone from a nation of do-ers to a nation of let me check with my lawyer first.
There are laws preventing regular people from investing in non-public companies, laws preventing competition in markets, laws making it difficult to hire/fire employees, etc...
I would say, given the value of LinkedIn shares right now (P/E over 300), there is more capital available than there are good people and businesses worth funding.
Honestly, I think we're being crushed by regulation or in some cases paralyzed the fear of it. We've gone from a nation of do-ers to a nation of let me check with my lawyer first.
There are laws preventing regular people from investing in non-public companies, laws preventing competition in markets, laws making it difficult to hire/fire employees, etc...