Ben Smith

Here is an actual proposal that they're unhappy about, and you're on the other side.

You're standing with, you know, Elon Musk and David Sachs on this.

Do you have a theory on how to tax this particular group who often kind of live in this... And I'm sure, you know, there are people in this room who do this, but who live on debt, you know, who have no income and live on these sort of giant revolving loans.

I think the wealth tax is sort of an attempt to get at that.

And then I think conversely, these folks who control it, a ton of capital, and as you said, some are actually already leaving, have been leaving.

How do you, you know, over this, but I think also over a sense that California, that Democratic leadership broadly, you know, complains about billionaires a lot, does not give them the...

you know, love and respect that they feel that they're entitled to.

I know.

I mean, you actually, you talk to these folks.

Some of them support you, some don't.

But, like, what are you saying as you call people up and say, hey, please don't leave California?

Do you think a national reform is enough?

I mean, a lot of this capital is really global.

Well, you know, from the tweets to Plutarch, thank you.

Thank you so much, Governor.

Thank you, guys.

Thank you, everybody, for being here.

You know, I don't, but I would say that the nature of these deals is usually they don't just say, here's a pile of money, buy.

They say, if you work really hard for us for a period of four, five, ten years, we will compensate you gradually in stock.

So, like, I would say whatever the actual terms of the deal, I would think this is a pretty long-term arrangement.