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A comment on Ask HN: Joining a Late Series Startup in SV. Please Help. Parent comment

Re:Ask HN: Joining a Late Series Startup in SV. Please Help by NonEUCitizen on Thursday June 06, 2019 @09:48PM (#20120959)
It's "83(b) election." It's interesting a late stage startup is offering this. But do NOT do it.

Do this only for very early stage startups where your total expense might be a few thousand dollars for maybe 1% or more of the startup. At most, you lose a few thousand dollars.

Spending $100K to optimize possible future taxes is a bad idea. At this stage, you should just think that future AMT is a good problem to have. Put the $100K in safer instruments.

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Re:Ask HN: Joining a Late Series Startup in SV. Please Help by throwaway1zz on Friday June 07, 2019 @08:26AM (#20123844)
At some point in the future, if it becomes clear that the company is on path for an ipo I could pay for it then.

I will hold off until then.

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