samthegeek’s avatarsamthegeek’s Twitter Archive—№ 63,204

  1. …in reply to @hammer_mt
    hammer_mt levie For the founder case, that’s an illiquid asset (pre-IPO) and therefore tax is deferred. Post-IPO, founders can use a dual-class stock system to maintain control even as they sell some of their shares.
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    1. …in reply to @SamTheGeek
      hammer_mt levie I know dual-class is unpopular, but we managed to IPO with one last year and that wasn’t a poison pill.
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