3 ms·
The problem is when I reapply for the grant (every year), they will be looking at the value of my personal assets (where they will find the companies equity sta
by nikokre 5y ago
The problem is when I reapply for the grant (every year), they will be looking at the value of my personal assets (where they will find the companies equity stake)
- jklein11 5y agoThis seems very squirelly. How would they value the equity stake in a privately held company? Just by assets controlled in the company? What if those assets are illiquid and hard to value? If you use the 3K to invest in the business, shouldn't you be capitalizing those expenses? I truly have no idea how these grants work but might be worth talking to an accountant and/or lawyer about