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Let's just say I'll believe that when I see it. Looks to me like they'll be operating at losses well beyond their IPOs.

• JumpCrisscross 1mo ago
  > they'll be operating at losses well beyond their IPOs Doesn’t matter for taxes on wages, options, realized gains, distributions, et cetera.
  • phlakaton 1mo ago
    Maybe wages if the company puts the IPO proceeds towards additional hiring. The other bits sound pretty speculative to me. I could see outside investors walking away with most of the early gains, leaving employees and locals underwater.
    • JumpCrisscross 1mo ago
      > The other bits sound pretty speculative to me Then they aren’t affecting housing. If gains are being realized to convert into real estate, they’re getting taxed. If they aren’t getting taxed, they aren’t hitting housing. (There are edge cases. But this isn’t an edge-case hypothesis. The folks selling shares in the private markets to buy mansions are paying taxes.)