Re:Update on Stock Options/RSUs Vesting Issue
by tptacek on Wednesday November 15, 2017 @09:51AM
(#15704105)
Much more directly than that, from protection of special treatment of carried interest.
Re:Update on Stock Options/RSUs Vesting Issue
by jgalt212 on Thursday November 16, 2017 @04:28PM
(#15716797)
The Citizen's United Ruling and the carried interest loophole have done more to subvert democracy than anything else I can think of.
Re:Update on Stock Options/RSUs Vesting Issue
by skywhopper on Wednesday November 15, 2017 @10:51AM
(#15704556)
Well, to be fair, _he_ won't benefit from the repeal of the estate tax. But his heirs will benefit from all the free unrealized capital gains they get to inherit and owe no taxes on.
Re:Update on Stock Options/RSUs Vesting Issue
by jalonso510 on Wednesday November 15, 2017 @09:58AM
(#15704168)
I don’t think it’s fair to say he’s just looking out for his self interest here. If you read his post, he’s not advocating for or against the tax bill, just talking about this one particular term that affects startups.
Re:Update on Stock Options/RSUs Vesting Issue
by karthikb on Wednesday November 15, 2017 @10:09AM
(#15704265)
The post explicitly says:
"This means that the Senate has now made the tax reform bill a win for those who work in startups instead of a loss."
Not the provision about options - "the bill."
So he's clearly saying that the bill as a whole is better for startup employees than the current system. GP point is that the bill may now be better from one single perspective but on the whole is still much worse than what we have today due to other issues.
Re:Update on Stock Options/RSUs Vesting Issue
by pcl on Wednesday November 15, 2017 @10:06AM
(#15704245)
It’s a follow-up to a post from the other day that was strongly against the bill.
EDIT: here’s the older story: https://news.ycombinator.com/item?id=15686442
As with all things, worth remembering who's writing this: Fred Wilson is an extremely wealthy venture capitalist. He stands to benefit a great deal from provisions like the repeal of the estate tax.