Social Leverage Weekly
Posts
Stock options: What to know before IPO, DuPont Registry Launches Fractional Ownership Of Rare Vehicles, and 5 Things I Learned from the Most Successful Money Managers

Stock options: What to know before IPO, DuPont Registry Launches Fractional Ownership Of Rare Vehicles, and 5 Things I Learned from the Most Successful Money Managers

Social Leverage Letter | Issue #106

Ethan Berk
September 10, 2023

Get smarter faster with our curated list of thought-provoking content for founders and investors:

3 articles, 2 podcasts, and 1 video.

Was this email forwarded to you? Sign up here.

READING

III. Stock options: What to know before IPO — Secfi

In lieu of multiple IPO announcements, employees with stock options should start planning early to maximize tax benefits, as exercising options well in advance of an IPO can lead to substantial tax savings. Employees should also be aware of their vesting schedules, the cost of exercising options, and explore financing options like non-recourse financing or selling shares on secondary markets to fund their options. Secfi (Fund III) provides an extensive overview of everything you need to know if you’re working at a startup.

Stock options: What to know before IPO — Secfi

The most common mistake that employees make is waiting until after an IPO to exercise options. The simple reason is that if you exercise well in advance of the IPO, you’ll be able to benefit from the long-term capital gains tax rate.

II. DuPont Registry Launches Fractional Ownership Of Rare Vehicles

DuPont Registry has launched a platform called duPont REGISTRY Invest, in collaboration with Rally (Fund III), allowing car enthusiasts to buy fractional shares in rare and high-end collector cars, making luxury car ownership more accessible. This partnership capitalizes on the growing luxury car market and Rally's experience in fractional equity ownership of collectible assets, providing enthusiasts with a chance to invest in their dream vehicles.

DuPont Registry Launches Fractional Ownership Of Rare Vehicles

Collectors can now own a piece of rare and exotic vehicles.

I. 5 Things I Learned from the Most Successful Money Managers...

Matt Ober reflects on his career experiences, highlighting five key learnings: the importance of networking, the necessity of taking calculated risks, the value of hiring people smarter than oneself, the significance of establishing and maintaining the right organizational culture, and the reminder that ultimately, it's a business where tough decisions must be made.

5 Things I Learned from the Most Successful Money Managers...

A newsletter from Matt Ober on investments, technology, & startups.

LISTENING

II. Frederik Gieschen — On Agility, Agreeableness, Alchemy & the Arena

Frederik Gieschen — On Agility, Agreeableness, Alchemy & the Arena

"Who is America’s best-known banker? That would be Jamie Dimon. But who is the richest? That would be Andy Beal, with an estimated net worth of $9 billion."

I. Best of Panic: The Stocktwits Story (EP.270)

Best of Panic: The Stocktwits Story (EP.270)

As I mentioned when I covered how I built Wallstrip, I’m doing more origin stories over the next year…

WATCHING

I. The Next Bull Market, $XOMs Monster Base, Luxury Wealth Management and How to Trade This Environment

JOB BOARD

Explore openings at our portfolio companies:

Social Leverage Job Board

Search job openings across the Social Leverage network.

Featured Job:

Senior Software Engineer - Sequel.io

Sequel.io stands out as the only solution that enables organizations to host webinars and live events directly on their website, offering a seamless customer journey and driving high-value actions that lead to revenue…