[briandh]

It would depend a lot on where he/she would be moving from how "insane" it would be.

Though I agree there are better jurisdictions than the US to move a business to.

[alexeisadeski3]

Does any other jurisdiction ban one's company from leaving? None that I'm aware of.

Just losing that future option value is sufficient to deem such a move insane regardless of original jurisdiction - unless for some reason there is zero other option.