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I don't understand how Thiel was able to buy his PayPal shares using a Roth. I thought you aren't allowed use your Roth to invest in a company you work for. Ca
by HWR_14 1y ago
I don't understand how Thiel was able to buy his PayPal shares using a Roth. I thought you aren't allowed use your Roth to invest in a company you work for.
Can someone who knows more than me explain where I am wrong?
- jimhi 1y agoHe was originally a big investor not a founder (or at least set it up to look that way)
- gamblor956 1y agoYou can't anymore because of Thiel. He's the reason they closed the loophole.
- HWR_14 1y agoThat makes sense. Thanks.