throwaway15805

8 ms·

1. 1.▲
   by throwaway15805 3mo ago

   Pretty much. I just have a symbolic 5% stake in the company and working there has certainly not made me rich. I'm still early in my career so I don't have a ton of savings. It wouldn't cause "serious trouble" but pa
2. 2.▲
   by throwaway15805 3mo ago

   The issue is liquidity. The tax comes due as soon as you leave, but you might not be able to liquidate your shares quickly enough to be able to pay those taxes. Depending on how your company gets valued these can be eye-watering numbers. Th
3. 3.▲
   by throwaway15805 3mo ago

   Been there too. Paying thousands of € for a notary just to read some text you wrote out loud to you is absurd. The cherry on top is the exit tax: > And no, I could not just leave instead. My first company, Freshflow, is valuable enough t