3 ms·
He could write off the loss for tax purpsoses. But I doubt that would make financial sense unless he thinks twitter is screwed. They could get bought out for a
by creaghpatr 10y ago
He could write off the loss for tax purpsoses. But I doubt that would make financial sense unless he thinks twitter is screwed. They could get bought out for a premium share price but who knows.
- benmanns 10y agoI don't think so. His shares likely have a basis of essentially $0, so he'll pay less taxes on the sale, but only because he's making less money. There's almost never a reason to turn down real income/growth to save a (less than 100%) percentage of that on taxes.
- deleted 10y ago[deleted]