He's not in the UK[1], but if he were selling would make a sensible choice. Here in the UK, capital gains of these types of transactions is taxed at 0% for you

He's not in the UK[1], but if he were selling would make a sensible choice. Here in the UK, capital gains of these types of transactions is taxed at 0% for your first £1M[2] and then at 18%. So if he sells it for $100,000, he'd get to keep it all. If you were to take that as wages/earnings tax rate on that (£80 approx) would be over 33% Not bad to sell at $100K... not bad at all. ---------------- [1] US looks ok too: http://en.wikipedia.org/wiki/Capital_gains_tax_in_the_United_States http://en.wikipedia.org/wiki/Capital_gains_tax_in_the_United... [2] Entrepreneurs relief : http://www.hmrc.gov.uk/helpsheets/hs275.pdf http://www.hmrc.gov.uk/helpsheets/hs275.pdf