[moralestapia]

Great comment.

>Stripe was already worth $9B in 2016. If you joined then, it could have been prohibitively expensive to do an 83b election.

I don't think anyone that joined on 2016 or after got more than 0.0000001% of equity or whatever, so it wouldn't have been a massive bill. Also, that's the point of 38b anyway. Tax now or later, but tax.

[clintonb]

The definition of "massive" differs. Not everyone has $125K laying around to pay the IRS for illiquid RSUs.