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by nrmitchi 1487 days ago
Well sure, but the QSBS exemption cutoff is literally 220x less than the valuation Bolt was trying to see this on.
1 comments

QSBS cutoff is $50M in gross assets owned by the company, not $50M valuation. There are many cases where a valuation can be far above $50M yet still qualify. That said, I have no idea if Bolt would qualify here. FWIW financial services companies don't qualify for QSBS at all, so Bolt may fall under that
If a company has raised more than $50M though, does that immediately cross “$50M in gross assets” anyways?

Obviosuly that’s different than a valuation, but that would immediately disqualify Bolt.