FounderPool: A community for founders to share risk and diversify their equity

Re:FounderPool: A community for founders to share risk and d... by danicgross on Tuesday July 21, 2020 @02:45PM (#23909600)

Wonderful idea. These exchanges are very common in other markets. In my experience, a proclivity for equity sharing tends to have an adverse selection problem with early stage founders. The best founders are irrational, and this seems like a highly rational idea :)

But I’d imagine investors and employees would be very interested. Also worth noting tax treatment around this issue is evolving:

> In particular, a senior campaign official said a Biden administration would take aim at so-called like-kind exchanges, which allow investors to defer paying taxes on the sale of real estate if the capital gains are reinvested in another property.

https://www.bloomberg.com/news/articles/2020-07-21/biden-pro...

[ Parent | on HN ]

Re:FounderPool: A community for founders to share risk and d... by csentropy on Tuesday July 21, 2020 @02:56PM (#23909718)

That is a great point. We spent a lot of time thinking about the adverse selection issue.We narrowed in on Peer selection with stable matching, which seems to mitigate this issue. We are learning..

[ Parent | on HN ]

Re:FounderPool: A community for founders to share risk and d... by geoburke on Tuesday July 21, 2020 @02:51PM (#23909658)

Removing like-kind exchange wouldn't just affect this. The whole M&A space would collapse.

[ Parent | on HN ]

Re:FounderPool: A community for founders to share risk and d... by csentropy on Tuesday July 21, 2020 @02:47PM (#23909625)

Thank you.

One more risk founders and entrepreneurs need to brace for : Regime uncertainty. Political uncertainty added to market risk, macro, pandemics, on and on...

[ Parent | on HN ]