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Re:Stripe Faces $3.5B Tax Bill as Employees' Shares Expire by morepork on Wednesday March 08, 2023 @07:59PM (#35077001)
I wonder whether there could be space here for a bank to come in and specialise in loans to cover the tax bill, using the currently pre-IPO stock as security
Re:Stripe Faces $3.5B Tax Bill as Employees' Shares Expire by MajimasEyepatch on Wednesday March 08, 2023 @08:14PM (#35077130)
Some companies are doing that, like https://vested.co/.
Re:Stripe Faces $3.5B Tax Bill as Employees' Shares Expire by zamnos on Thursday March 09, 2023 @01:13AM (#35078717)
Re:Stripe Faces $3.5B Tax Bill as Employees' Shares Expire by kodah on Wednesday March 08, 2023 @08:02PM (#35077028)
Pre-IPO stock is about as secure as super glue based on toothpicks and bubblegum.
Re:Stripe Faces $3.5B Tax Bill as Employees' Shares Expire by renewiltord on Wednesday March 08, 2023 @09:53PM (#35077824)
That's literally what the Bolt CEO did. He ran a company that offered his employees the loans.
Re:Stripe Faces $3.5B Tax Bill as Employees' Shares Expire by fshbbdssbbgdd on Thursday March 09, 2023 @12:02AM (#35078466)
That’s absolutely a thing, I know people who did it. However “security” can be expensive, they might demand some of the upside as well.