bcb1276

I believe the comment is referring to the part of the report which explains the 3.4% figure is based on taxes paid relative to net worth growth. Specifically, it says :

“As we showed last year, the richest avoid income when they can. Then they pay very little in tax when it’s measured against their growing wealth. The top 25 wealthiest Americans got $401 billion richer from 2014 to 2018, but paid just $13.6 billion in federal income taxes, a “true tax rate,” as we called it, of 3.4%.”

No. The constitution generally doesn’t restrict a private company like FB from imposing restrictions on speech

I’m a lawyer. This doesn’t make sense. What exactly did the clauses say? Did the “investor” make his (non) investment contingent on some types of conditions precedent that you didn’t meet? If yes, then he doesn’t have to fund his investment. But he doesn’t also get his equity. If no, then he breached and you have a claim against him.

I would not treat him as an investor and instead talk to a lawyer about putting him on notice that you’re prepared to sue him for tortious interference with your business. The other comments here about the requirement of consideration are correct. Also relevant: unjust enrichment and restitution [0]

I’m 100% speculating because you haven’t supplied enough information. The most important part of your post should be the actual language.

[0] https://en.m.wikipedia.org/wiki/Unjust_enrichment

I’m a lawyer who worked for years at a hedge fund. (Also private equity funds). You can probably find one or more low cost ETFs that pursue whatever strategy(ies) you find interesting. You won’t have to deal with filing a K1 (partnership tax return) on unrealized gains. And it will probably our perform given among other things the much higher fees you’ll pay in hedge funds. I strongly suggest you don’t invest in hedge funds.

The lock up agreement is publicly available on the SEC’s website (it’s a material contract and therefore required to be filed as an exhibit to the registration statement). The agreement itself is part of the Investors’ Rights Agreement. See section 2.12

https://www.sec.gov/Archives/edgar/data/1759509/000119312519...