alt Hacker NewsI guess there would be all sorts of megacorps happy to loan you money for this with your assets as collateral.
Remember London and Amsterdam have extremely strong finance industry lobbying, and that shows up in their lawmaking.
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jaco6 • today at 3:19 AM
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I know several people that got cleaned out in IPOs partially due to how taxes work on no-liquidity (lockout) periods. If you IPO'd at $10 ($3 goes to the tax man), and when you can finally sell it 6mo later and stock is only worth about $3, the IRS makes more money than you.
Checkout what happened at Uber [0].
My cousin at Aurora borrowed money for his tax bill on IPO. I don't know the final numbers, but I hope he at least broke even.
Real examples include: $GRAB, $AUR, $UBER
[0] - https://www.cnbc.com/2020/08/28/nearly-200-uber-employees-su...