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tetranoir

2 karma · joined March 17, 2022

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tetranoir··on Stripe faces $3.5B tax bill as employees' shares expire
There are many services that offer loans for leveraging options, for decent rates too. A lot of people I know do this to pay the exercise tax
tetranoir··on Stripe faces $3.5B tax bill as employees' shares expire
It's supposed to prevent hostile takeovers.
tetranoir··on Stripe faces $3.5B tax bill as employees' shares expire
Not entirely true. There's a grey area where you can sell futures of your own stock on the secondary market that can avoid requiring board approval.
tetranoir··on Twitter to start layoffs -internal email
A large % of the $44B that Elon paid is likely in unvested RSUs. Firing people is a way for him to save money for sure.

You can probably find this number in the 10K or 8K

tetranoir··on Twitter to start layoffs -internal email
Likely turns into cash over the same period at the buyout price. It technically depends on the change of management clause in your contract.

The firings will reduce the owed cash that Elon has to payout as a result of the stock swap. Smart move