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If you read the bill [1] (it's quite short), there are a couple of gotchas, but not too many. 1 - Don't go work for your brother's startup. As a family member
by curun1r 10y ago
If you read the bill [1] (it's quite short), there are a couple of gotchas, but not too many.
1 - Don't go work for your brother's startup. As a family member of certain C-level employees, you're ineligible. Some C-level employees are also excluded.
2 - Early employees that get more than 1% of the company are excluded.
I'm usually among the first to complain when I see the Republicans advocating policy that I find foolish, but it's certainly not the case here. This is sensible policy that corrects a decades-old problem in Silicon Valley and, for that, I support them in this legislation.
[1] https://www.congress.gov/bill/114th-congress/house-bill/5719 https://www.congress.gov/bill/114th-congress/house-bill/5719