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409A as a Service: Cash Cows Get Slaughtered

Background: 409A is a set of tax rules passed, in part, to stop companies from avoiding taxes through issuing underpriced (cheap) equity as compensation. While well-intentioned, it spawned a cottage industry of third-party valuation firms/i-bankers who charge companies, including startups, thousands (sometimes…
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Tech Industry & BusinessCareer & Management2014

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Apr 1, 2014409A as a Service: Cash Cows Get Slaughtered by pdq19454

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