E116: Non-competes and TikTok are banned, maybe capital gains too. The FTC flexed its muscle this week by imposing a federal ban on employee non-compete agreements, with some exceptions. Congress flexed its muscle too, with somewhat hasty legislation banning TikTok. We discuss those events and how they could affect the Startup Ecosystem. We also talk about potential legislation ratcheting up the capital gains tax to the regular income rate and potentially even more significant changing the capital gains definition to include unrealized capital gains as income, threatening all startup investing. (recorded 4/26/24)
Follow David on LinkedIn or reach out to David on Twitter/X @DGRollingSouth for comments. We invite your feedback and suggestions at ventureinthesouth.com or email david@ventureinthesouth.com. Learn more about RollingSouth at rollingsouth.vc or email david@rollingsouth.vc. Follow Paul on LinkedIn. Download our White Papers and Cheat Sheets HERE. Thanks for listening and remember: Our mission is to MAKE MONEY, HAVE FUN AND DO GOOD.
E116: Non-competes and TikTok are banned, maybe capital gains too. The FTC flexed its muscle this week by imposing a federal ban on employee non-compete agreements, with some exceptions. Congress flexed its muscle too, with somewhat hasty legislation banning TikTok. We discuss those events and how they could affect the Startup Ecosystem. We also talk about potential legislation ratcheting up the capital gains tax to the regular income rate and potentially even more significant changing the capital gains definition to include unrealized capital gains as income, threatening all startup investing. (recorded 4/26/24)
Follow David on LinkedIn or reach out to David on Twitter/X @DGRollingSouth for comments. We invite your feedback and suggestions at ventureinthesouth.com or email david@ventureinthesouth.com. Learn more about RollingSouth at rollingsouth.vc or email david@rollingsouth.vc. Follow Paul on LinkedIn. Download our White Papers and Cheat Sheets HERE. Thanks for listening and remember: Our mission is to MAKE MONEY, HAVE FUN AND DO GOOD.