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Hmmm... this might become a good way to raise money. I wonder if it's possible to make it tax deductible unless the company becomes successful and pays "dividen
by ph0rque 19y ago
Hmmm... this might become a good way to raise money. I wonder if it's possible to make it tax deductible unless the company becomes successful and pays "dividends"?
- rms 19y agoI once considered selling equity like this as a kind of micro-IPO but it gets messy with non-accredited investors and all that.
- leolin 19y agoWhat happened then? Some thing went wrong?
- rms 19y agoIt was impossible to do it in a way I was sure was legal without any legal budget. If it wasn't for that, I think it would be a great way to raise money.
- sbraford 19y agoBecause it's not legal in just about any way you try and do it. I'm no lawyer but companies are always trying to do this, and some get smacked down by the FTC.