4 ms·

He can give the shares away directly. Start a charitable foundation, give the shares to the foundation, and then the foundation can liquidate slowly (over decad

He can give the shares away directly. Start a charitable foundation, give the shares to the foundation, and then the foundation can liquidate slowly (over decades if need be) to access capital.

Mistletoe 4y ago
Oh that’s an interesting idea.
ch4s3 4y ago
Wouldn't the effect be basically the same, except the ownership changes? I can't imagine he'd have no involvement in such a foundation.
- Mistletoe 4y ago
  But the charity doesn’t need to liquidate as quickly as he does if he intends to give it away by the end of his life.
  - ch4s3 4y ago
    One imagines that the endgame for him is probably some sort of charity to hand off to anyway.