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This is startup land, where billion dollar companies lose money... So yes.
by DuskStar 6y ago
This is startup land, where billion dollar companies lose money... So yes.
- minitoar 6y agoHow real are those billion dollar valuations? Seems to me like it’s primarily a bunch of VCs in a term sheet circle jerk.
- limitedmage 6y agoThey’re real enough for the IRS to want their cut when you vest stocks or exercise options that you can’t sell.
- auspex 6y agoI’d like to see if the IRS would accept the startup’s private shares as payment. It’s funny to me because there isn’t an open market to liquidate them... yet they are taxed like they are cash.
- xur17 6y agoIt doesn't matter how "real" you think it is if the government insists on taxing you like it's real. In fact, that's part of the problem.
- minitoar 6y agoHuh, maybe that’s what I was implying with my comment. Thanks for spelling it out.