AOC is facing pushback after claiming billionaires can't legitimately earn their wealth — Y Combinator's Paul Graham, who spent two decades predicting which founders become billionaires, says the data from thousands of startups proves her wrong. Meanwhile, Sanders and Khanna are pushing a 5% annual wealth tax on unrealized gains, a policy that already failed across Europe, while Sanders dodged a direct question about why the US dominates tech and Europe doesn't. The federal politicians shaping California's economic future are increasingly at odds with the founders and builders who actually create it.
AOC says you can't earn a billion dollars. Paul Graham, who spent 20 years predicting which founders become billionaires, has the data to prove her wrong.
Sanders and Khanna want to tax money that doesn't exist on assets you can't sell. The only proportionate response was a one-act play.
Asked point-blank why the US dominates tech while Europe stagnates, the Senator pivoted to healthcare and homelessness. The honest answer would destroy his worldview.
Joe Gebbia went from selling cereal to fund a startup to becoming the nation's first Chief Design Officer. Now he's fixing government.
Saikat Chakrabarti—architect of the 'dark money' operation he rails against—is trying to buy Pelosi's seat. Local Democrats aren't having it.
When nearly all your campaign cash comes from outside your district, who are you really representing?
Former supporters organize against the congressman as his wealth tax crusade threatens to tank the Bay Area economy.