3 ms·
Buying even one founder share in your startup is self-dealing and a prohibited. The penalty is the whole account loses tax advantaged status, not a measly $2000
by garmaine 5y ago
Buying even one founder share in your startup is self-dealing and a prohibited. The penalty is the whole account loses tax advantaged status, not a measly $2000.
But tax details are private and between Thiel and the IRS.