4 ms·
Well sure, but the QSBS exemption cutoff is literally 220x less than the valuation Bolt was trying to see this on.
by nrmitchi 4y ago
Well sure, but the QSBS exemption cutoff is literally 220x less than the valuation Bolt was trying to see this on.
- bobbygoodlatte 4y agoQSBS cutoff is $50M in gross assets owned by the company, not $50M valuation. There are many cases where a valuation can be far above $50M yet still qualify. That said, I have no idea if Bolt would qualify here. FWIW financial services companies don't qualify for QSBS at all, so Bolt may fall under that
- nrmitchi 4y agoIf a company has raised more than $50M though, does that immediately cross “$50M in gross assets” anyways? Obviosuly that’s different than a valuation, but that would immediately disqualify Bolt.