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He's been heading up a small health-care startup since 2020. I'd be surprised if he was swimming in cash and liquidity (like he's used too). Companies can no longer write off R&D for the year that they've spent it. Countries like China have major R&D sectors because they allow softare development to be a tax write-off. The US killed this in 2022. Maybe he -- like many of us -- just can't justify spending money on luxury VR goggles given the circumstances.


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