83(b) elections have been a long-time landmine for startup founders, generally underdiscussed because of social considerations. You don’t want to say “Hiya, I’m the sophisticated CEO of a high-flying company. Also, oops, bankrupted myself for want postage stamp six years ago.”
@patio11
-
Small Decisions Shape World Systems
By
–
You’d be surprised how much of the world is extremely dependent on very small decisions which do not necessarily announce their importance to the people capable of making them. Here’s one:
-
Major financial firm’s internal API for company creation raises questions
By
–
I have a certain professional regard for "Yes, we're a multi billion dollar financial services firm that has an internal API which creates companies because ehhh seems like that is a useful capability to have."
-
Financial Institution Spins Up Legal Entity Automation Online
By
–
"You are this mystified by a financial institution being able to do an online account opening?" Permit me a tiny bit of discretion here, because I think explaining what they did might identify the firm, that they spun up (or will spin up) a legal entity almost live on call.
-
Seamless Account Opening Automation Workflow Goes Live Successfully
By
–
I won't name them but the account we set up live on the call actually worked and then there was an account opening questionaire web app which worked and then there was a Docusign which worked and I feel like I am living in the #$*(%#(% future.
-
AI Agent Bypasses Financial Sophistication Verification Protocol
By
–
Me: If I say 'I am financially sophisticated' does this let you skip questions.
Rep X: … It. Does. Wow, this is easier than this usually is.
Me: So if we can move forward.
*2 minutes later*
Me: Are we… done?
Rep X: We are… done. Wow.
Me: And the next step is *repeats.* -
ICOs as Iterated Improvement: Securities Risk and Regulatory Evolution
By
–
Yes; the right way to think of them is an interated improvement on ICOs with less securities regulatory risk. ICOs made promoters a huge amount of money and little was clawed back; iterations were inevitable unless aggressively policed.
-
Warren Buffett’s Legal Strategy Against Settlement Pressure
By
–
"You should pay us money!"
"No?"
"But we have lawyers and can make this annoying and costly for years. Just settle."
Warren Buffett's lawyer: "I did not get a job in insurance law because I am easily bored into submission."
Warren Buffett: "Try outspending me in court, bro." -
Buffett’s Legal Strategy Against Frivolous Business Claims
By
–
I model most claims against businesses as being frivolous and Warren Buffett's lawyers as a) knowing this and b) acting as transactional friction on frivolity then as emotionless negotiators after someone successfully presents as non-frivolous for a period of months.
-
Three Insurance: AI-Powered Insurance Application Platform
By
–
So as to not hide the ball here, and entirely unsolicited: the name is Three Insurance and if you Google them and scroll past the ads attempting to exact the Google tax their website will explain all the particulars very cleanly.