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David Sacks: California's Wealth Tax Has a SECRET Clause That's Forcing Entrepreneurs Out
All-In Podcast· 2026-01-13 16:35
Larry and Sergey have left the state and they're probably getting dragged for that. But one of the reasons why I think they kind of have to is because of the super voting stock provision in this thing where the way they calculate the value of your stock is not based on its liquid market value, but if you own super voting shares, they multiply your ownership, your super voting by the market cap of the company and they deem your shares to be worth that. Yeah.So for example, Larry and Sergey, I think they comb ...