[narrator]

It's much better to invest in a U.S domestic C corp startup because then you're eligible for QSBS which is one of the biggest tax breaks in the whole tax code. Sure the founders can live anywhere they want, but it's got to be a U.S domestic C corp to get that tax break.

However, the founders have to comply with backup withholding and all that jazz if they live overseas and are not U.S residents.