Unity raises $181M round at a reported $1.5B valuation

Re:Unity raises $181M round at a reported $1.5B valuation by TheCoelacanth on Wednesday July 13, 2016 @03:36PM (#12089012)

The same is true if you are given actual stock. You owe taxes when it vests (or hypothetically when you are given it if it is unrestricted stock) not when you sell it.

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Re:Unity raises $181M round at a reported $1.5B valuation by SeoxyS on Wednesday July 13, 2016 @05:11PM (#12089697)

You can file an 83b election with the IRS to avoid this problem, thankfully.

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Re:Unity raises $181M round at a reported $1.5B valuation by TheCoelacanth on Wednesday July 13, 2016 @05:41PM (#12089892)

That just moves the point where you have to lay out money to even earlier. That's great if it's an early stage startup where the shares are worth practically nothing, but it's even worse if they are already worth a lot.

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Re:Unity raises $181M round at a reported $1.5B valuation by SeoxyS on Wednesday July 13, 2016 @06:57PM (#12090381)

Oh sure; but you won't have to lay down any money until you sell your stock; and paying taxes on real money is a lot easier than paying taxes on imaginary money.

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Re:Unity raises $181M round at a reported $1.5B valuation by morgante on Wednesday July 13, 2016 @05:07PM (#12089674)

This can be avoided with an 83b election.

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