Billionaires Spend 0.07% of Their Wealth to Avoid a 5% Tax, Call Seventy-Fold Return ‘Paying Their Fair Share’ | Dsrupt

Endlessen Horrorwitz, the venture firm whose manifesto lists risk management as an enemy but whose ad budget is the most carefully risk-managed thing it owns, argues that $293 million in ads is a tax, and a generous one.