Contribution is done through a note. Not taxable until the transfer of shares up... | Hacker News

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		geoburke on July 21, 2020 \| parent \| context \| favorite \| on: FounderPool: A community for founders to share ris... Contribution is done through a note. Not taxable until the transfer of shares upon some liquidity/exit event in the future.

beambot on July 21, 2020 [–]

So it's a forward contract...?

geoburke on July 21, 2020 | [–]

Yes, we see that as most frictionless way to accomplish this at scale

lachyg on July 21, 2020 | | [–]

Is there more that can be read on this somewhere? How it's taxed, what're the implications, how is it structured?

csentropy on July 21, 2020 | | [–]

Great questions, it will be on our FAQ page

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