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If we learned anything it's that american financial institution are excellent at developing novel financial tools to resolve these issues. You're right, an own
by ivalm 7y ago
If we learned anything it's that american financial institution are excellent at developing novel financial tools to resolve these issues.
You're right, an owner of $160M paper money might not have 2m/year liquid, but I am sure there will be many banks willing to provide equity secured debt (perhaps no payment needed until exit!) to pay for the taxes. Also, if this pushes startups to profitability/IPO earlier, I think that's probably a good thing.