3 ms·
The first taste is free, with a certain perspective on equity
by bravetraveler 5mo ago
The first taste is free, with a certain perspective on equity
- altairprime 5mo agoIsn’t that a taxable gift, i.e. reportable income for the recipient, given the normal price charged for said tokens, though?
- bravetraveler 5mo agoI have no idea, just a BigCo engineer! Like someone getting hooked... taxes are a Later Problem. Anyway, the deal sounds less like a 'mic drop' and more like something else hitting the table. Say 'Whizbang Model 6.8' comes out and tokens burn ~5x faster; what to do? Agree to give up less of the business or hope for proportional growth? The two million that had been agreed is no longer truly available/applicable. How this and the equity 'shake out' are probably relevant. At risk of upsetting people, token value is arbitrary. What model, what time of day? What transaction? All to say: I have no idea what the Tax Man or our fake business would want :) Above my pay grade, thankfully!
- HWR_14 5mo agoNo, because it's an investment for equity
- kotaKat 5mo agoIt's just a little casual grooming for customers to prey on, is all.
- red-iron-pine 5mo agothe tokens are real electricity and capacity. in ~3 years that equity may be worthless.