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Open original source ↗Great news.
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Trump's One Big Beautiful Bill Act (OBBBA) offers an incredible incentive to startup founders and early employees with more lenient QSBS! Qualified small business stock (QSBS) means if you're granted stock in a company with under a certain value X of assets, selling Y dollars of it after Z years is exempt for federal tax. With OBBBA, — X increases from $50M to $75M. Many Series B cos should now count. — Y increases from $10M to $15M. — Z decreases from 5yrs to 3yrs + tiered. We're going to see a lot more founders / early employees selling secondary, but hopefully we see a lot more people wanting to join startups!
deedydas ↗