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Would sites like SecondMarket potentially solve this problem a little bit - allowing you to sell some of the stock in order to pay the taxes?
by Stwerner 15y ago
Would sites like SecondMarket potentially solve this problem a little bit - allowing you to sell some of the stock in order to pay the taxes?
- dweekly 15y agoAbsolutely. The issue is that by current standards, only a very small proportion of companies make it to the point where there are vibrant secondary markets for their Common shares (generally speaking at this point they have options to go public or be acquired also). Most startups don't have this as an option. I've been told by SecondMarket folks that generally speaking unless there's huge hype around a company, one needs to be at $!0m+/year revenues before the secondary market has appetite.