Background: QSBS (qualified small business stock) is a major benefit for startup founders and early employees/investors, since if they purchase their shares, they won't have to pay federal income taxes on a big chunk of their exit. However, in order to take advantage of this benefit, you need to maintain QSBS eligibility. There are rules. One of those rules is that at least 80% of the issuing corporation's assets... - Source: Hacker News / over 1 year ago
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