Two founders. Same $9 million exit. One kept it ALL. One gave away $3 MILLION. The difference? Understanding QSBS before it's too late. Most founders discover the Qualified Small Business Stock exemption like they discover heart disease, right after the damage is done. Here's what separates the winners from the losers. Founder A: ✅ C-Corp structure ✅ Filed QSBS election (Section 1202) ✅ Held shares 5 years ✅ Result: $9.4M sale, $0 federal tax Founder B: ❌ S-Corp structure ❌ No QSBS qualification
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