network profile
| bio | website | seanmccleary.info |
|---|---|---|
| location | ||
| age | ||
| visits | member for | 2 years, 3 months |
| seen | Aug 8 '11 at 18:16 | |
| stats | profile views | 0 |
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Jun 26 |
asked | Would Skype's stock buyback plan be as evil if they paid fair market value? |
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Jun 22 |
comment |
Is there a tax liability for reverse vesting founder stock/units? The Oregon SOS says that if we don't pay the yearly fee by the end of July, they'll dissolve the company. If it's dissolved in that way, and we forma new company in Texas, would it still be "transferring assets"? (Let me guess: Talk to a professional?) |
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Jun 21 |
comment |
Is there a tax liability for reverse vesting founder stock/units? Thanks. Can you see my edit above for clarification? |
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Jun 21 |
comment |
Is there a tax liability for reverse vesting founder stock/units? Maybe the original was a little more detailed than I expected. Let me simplify: Imagine a partner and I start a company, divided into 1,000 ownership units, and each buy in for $50 for 500 units with reverse vesting. That's 10 cents a unit. If we feel that the fair market price is 50 cents a unit (i.e. that's what we'd sell to an investor for), have we already created phantom income for ourselves, liable for income tax immediately under 83(b) election? Or is this somehow different because we formed the company ourselves, as opposed to being given restrict stock by someone else? |
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Jun 21 |
comment |
Is there a tax liability for reverse vesting founder stock/units? The old company hasn't made any money, all it has is the software we've developed and IOUs written to ourselves (the founders). Does that make it easier? |
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Jun 20 |
asked | Is there a tax liability for reverse vesting founder stock/units? |
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Feb 27 |
comment |
Concrete examples of _why_ Silicon Valley is best for a startup? I guess I see what you're saying. If you're a VC or an angel, having someone you know and trust vouch for a candidate makes that candidate much more attractive. And if you're in Silicon Valley, there are a lot more people in the game meaning it's easier to make contacts and get someone to vouch for you, or at least introduce you to a VC or angel funder, making you at least a little more promising than some schmoe off the street. |
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Feb 27 |
comment |
Concrete examples of _why_ Silicon Valley is best for a startup? Thanks but that sounds like more of the vague stuff I've already read. Can you explain why, for instance, Zynga needs to be physically close to Facebook? Why can't they adapt to changes in Facebook's platform from somewhere else? Are they physically going to the Facebook offices every week to for personal meetings and insider-only tips? |
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Feb 27 |
comment |
Concrete examples of _why_ Silicon Valley is best for a startup? So you're saying that the funding game is like an old-boy's network where people investing their money are more interested in who you know than whether your project has a good chance of success? Because that sounds so unlikely; I must be misunderstanding. Can you elaborate? |
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Feb 26 |
awarded | Student |
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Feb 26 |
asked | Concrete examples of _why_ Silicon Valley is best for a startup? |
