4 ms·
How does this even work? Like, does one plainly submit a form to the govt saying "yeah just double it" or what? I never actually got the hang of how this things
by cfv 7y ago
How does this even work? Like, does one plainly submit a form to the govt saying "yeah just double it" or what? I never actually got the hang of how this things are defined; can anyone ELI5?
- jdoliner 7y agoIt occurs as part of a fundraising process in which an investor invests money at a valuation that's double the previous one. As part of that there are forms filed that effectively say: "yeah just double it" but you don't file this forms outside of a fundraising process.