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I'm not sure if I would particularly care that it was just an edge case that caused me to miss out on $99M.

They wouldn't take shares, but I would be forced to sell shares in order to pay the tax bill, because I don't actually have that money just laying around. So I had 10M shares @ $1/share, share prices go up to $100/share. I get hit with a $900M tax bill and sell 9M shares in order to pay it. Price goes back down to $1/share, leaving me with 1M shares. How exactly should I purchase more at a pittance? I spent all the money I didn't even have paying the tax bill, there's nothing left in my bank account to buy any shares.




Buy it on margin, if the price has gone down so low you can easily get it approved


Taking out a loan against an asset to buy more of that asset sounds like a horrible financial move.


You can use your existing 1M shares as collateral


Right...use your shares in XYZ as collateral to take out a loan to buy more shares of XYZ.

That sounds like horrible financial advice.


In the grim future of the strawman, many such cases abound


Still not sure where the straw man was.


Ssh. It’s okay. It can’t get to you now.




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