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One simple request: Can you please make sure you provide adequate counseling about the tax implications of 'working for equity' that given an already-launched product can be quite onerous?

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This is HUGE. The new hire can wind up with a substantial tax bill, and no cash to pay it with. Don't gloss over this!

Surely the government would accept equity in an ambitious young startup poised to reshape the world of online music.

Why not. They seem to accept equity in over-priced homes.

You assume the OP knows them himself.

You're a far more optimistic person than I am.

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