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Snapchat was known for its unusual RSUs--they would evaporate in a set amount of time unless a liquidity event happened. Apparently, if there's what the IRS con
by cynicalkane 9y ago
Snapchat was known for its unusual RSUs--they would evaporate in a set amount of time unless a liquidity event happened. Apparently, if there's what the IRS considers a substantial risk of loss, they're considered unvested and you don't have to pay taxes on them. It looks to me like the situation worked the same on the accounting side of things.
- ChuckMcM 9y agoOk, so that would confirm the 'creative use of tax law' feature which was also part of the dot com world. Thanks for that.
- WikipediasBad 9y agoCan you go into more detail on this, or just provide a link/documentation so I can also look into it for our own startup? Sounds very cool/interesting.