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So if you build a company that all of the sudden everyone wants a piece of, you aren't allowed to keep it If someone says a valued family heirloom of mine is w
by IncreasePosts 8mo ago
So if you build a company that all of the sudden everyone wants a piece of, you aren't allowed to keep it
If someone says a valued family heirloom of mine is worth $110M I would be forced to sell it?
- coldpie 8mo ago> So if you build a company that all of the sudden everyone wants a piece of, you aren't allowed to keep it You're allowed to keep $100M of it! That's seriously a lot of money!
- IncreasePosts 8mo agoIt's a business, not money. If I'm forced to sell parts of the business I am building, and then the new owners drive it into the ground and zero out the rest of my equity, is it just "tough cookies"? Can I get a tax refund?
- coldpie 8mo agoSure, I'm open to softening the edges a bit if you have suggestions there. Good incentive to plan your partners in advance ;) But yeah, in the end, if you own $100M of a company, I bet you'll still land on your feet even if it all goes down in flames somehow.