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A comment on Ask HN: Where to Invest Freelance Earnings?. Parent comment

Re:Ask HN: Where to Invest Freelance Earnings? by nikokre on Wednesday May 12, 2021 @06:28AM (#27128690)
The problem is when I reapply for the grant (every year), they will be looking at the value of my personal assets (where they will find the companies equity stake)
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Re:Ask HN: Where to Invest Freelance Earnings? by jklein11 on Friday May 21, 2021 @02:25PM (#27237930)
This seems very squirelly. How would they value the equity stake in a privately held company? Just by assets controlled in the company? What if those assets are illiquid and hard to value? If you use the 3K to invest in the business, shouldn't you be capitalizing those expenses? I truly have no idea how these grants work but might be worth talking to an accountant and/or lawyer about
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