Chapter 5 In the Same Boat: On the Road with Bill Gates In this chapter, we follow Bill Gates Sr as he lobbies to preserve the estate tax. He was rather interestingly positioned to argue for this tax as his son was one of the wealthiest individuals to ever live. He presents his argument to a group of politicians who are initially skeptical of Bill Gates Sr and his proposition. His argument for the tax is based on the notion that we need to pay back “society” for “societies investments”. He uses the example of the opportunities presented to an individual in a developed country like the United States versus someone in a relatively underdeveloped area and the advantage provided by location. He does this by referring to Uncle Sam as the ultimate angel investor as the foundations laid by the government provides fundamental building blocks for entrepreneurship and innovative thinking. Therefore, this tax is a logical repayment for this indirect “debt” or sense of gratitude towards...
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To: Clark Hansen, CEO, AMDP From: Vishrut Bubna, Analyst Due: 26 th February, 2019 Subject: Social Enterprise Investment Proposal Investment Thesis In 2025, India is estimated to reach a population of close to 1.5 Billion people. This demographic “tsunami” can either be a dividend or a disaster as (see table below) a considerable majority of this population (India 2 and 3) lack many of the fundamental services that are taken for granted in the western world. One of these services that is essential to empowering and transforming a person’s life is banking, and the access to banking services. Over the past five years, there has been a considerable increase in the access to banking services, due to various government and private sector initiatives: · “Jan Dhan Yojna” (government initiative) · the development of the Aadhaar (identification) system · the increased mobile p...