Rounds, like many politicians, is offering a solution in search of a problem. No one considers profit a dirty word; many, however, consider profit a get out of jail free card. One needs look no further than the investment bankers whose schemes ushered in the recession that bottom 80% hasn't recovered from. None has faced any consequences for scamming investors and regulators.
The new talking point is confusing for another reason:. Rounds could just use a tried and true line that would have the virtue of being more honest.
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