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CEO of $20 billion AI firm Perplexity says the secret to success is ‘sleeping with that fear’ that your competitor will steal your idea

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Leadership

Welcome to Liberland! The European country with no taxes (or residents)

By
Claire Groden
Claire Groden
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By
Claire Groden
Claire Groden
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July 21, 2015, 11:56 AM ET
CZECH-LIBERLAND-DIPLOMAC- OFFBEAT
TO GO WITH AFP STORY BY JAN FLEMR- Vit Jedlicka, a 31-year-old Czech liberal politician presents his ''Liberland'' on April 20, 2015 at the University of Economics in Prague. Jedlicka founded Liberland, a tiny tax haven, on a piece of no-man's land between Croatia and Serbia earlier this month. The newest country on the world map offers voluntary taxes to new citizens who respect other people and their views, respect private property, have no criminal record and have no record as Communists, Nazis or other extremists. AFP PHOTO/MICHAL CIZEK (Photo credit should read MICHAL CIZEK/AFP/Getty Images)Michal Cizak / AFP/Getty Images
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Make room, Croatia and Serbia! There’s a new micronation in Europe, and it doesn’t care much for Serbia’s probable ownership of the seven square kilometers, or the Croatian police guarding it.

Liberland, the self-proclaimed sovereign state, has big plans. “We need more countries like Hong Kong, Singapore and Monaco, especially in Europe,” Vit Jedlicka, the country’s president and co-founder, told Bloomberg. Jedlicka didn’t run in Liberland’s first presidential election, but he was elected by the two other founders, one of whom is his girlfriend.

In Liberland, all taxes are optional. To make up the difference, the country plans to crowdfund and allow private enterprise to provide public services like water and energy. So far, Jedlicka claims the country has raised $45,000 on a crowdfunding page, which has foot the bill for offices in Prague and Serbia, Jedlicka’s personal assistant, and his trips to the G-7 and Freedom Fest.

The funding hasn’t gone toward any development of Liberland itself, which lies in a crook of the Danube between Serbia and Croatia, because it so far has zero residents. Despite the Liberland Settler’s Association’s attempt to settle the claimed land, Croatian border police have been stopping them regularly.

That hasn’t dissuaded Liberland’s supporters though: so far, the country has received almost 400,000 citizenship applications. With tensions over the European Union and Greece’s debt crisis roiling Europe, it seems like Liberland might have struck a nerve. “With [the possibility of] Great Britain leaving the EU and Greece going bankrupt, this is a little bigger than just this piece of land. We are setting a model for other countries to find a new way to structure societies,” Jedlicka told the Guardian.

 

 

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