undefined | Better HN

0 pointsconistonwater8y ago0 comments

> This problem is so obvious that it must have been addressed by the people proposing this.

I think this is just optimism, it would be nice to have an actual reason to think this is the case.

0 comments

I looked at the people backing the exchange and as far as I can tell, no one actually has a proper finance background, let alone a background in exchanges (which is, from what I've read, a pretty esoteric and specialized area within finance).

The idea of Eric Reis running a stock exchange is... strange to me.

eries8y ago

Me too!

Luckily the rest of the team is way more qualified

hkmurakami8y ago

Hi Eric. I recall the times when making long term equity holdings tax advantaged (ex: 0% cap gains after holding for 10 years) as a path to achieve similar goals to what LTSE is trying to achieve.

Details (and general HN cynicism) aside, we hope your venture is a success.

As a greater man than I once said, your success is our success. We'll be rooting for you.

j / k navigate · click thread line to collapse

0 pointsconistonwater8y ago0 comments

> This problem is so obvious that it must have been addressed by the people proposing this.

I think this is just optimism, it would be nice to have an actual reason to think this is the case.

0 comments

hkmurakami8y ago

The idea of Eric Reis running a stock exchange is... strange to me.

eries8y ago

Me too!

Luckily the rest of the team is way more qualified

hkmurakami8y ago

Hi Eric. I recall the times when making long term equity holdings tax advantaged (ex: 0% cap gains after holding for 10 years) as a path to achieve similar goals to what LTSE is trying to achieve.

Details (and general HN cynicism) aside, we hope your venture is a success.

As a greater man than I once said, your success is our success. We'll be rooting for you.

j / k navigate · click thread line to collapse