Explore by Topic

Educational essentials

The qualified small business stock (QSBS) tax benefit
The QSBS exclusion is a U.S. tax benefit that applies to eligible shareholders of a qualified small business. Learn more about how QSBS works.
What are stock options and how do they work?
Received stock options from your company and don't understand what that means? Here's how to make sense of your offer letter and option grant.
What is a 409A valuation?
Learn everything you need to know about section 409A of the internal revenue code—from what is a 409A valuation to 409A methodologies and process.
What is a cap table?
A cap table is a list of all the securities your company has issued and who owns them. Learn how to make a cap table and see examples.
How stock options are taxed
Learn how ISO and NSO stock options are taxed and the common times employees can exercise their options.
Advisory shares guide
Advisory shares are a form of equity that early-stage startups (especially pre-seed, idea-stage ones) can give to their advisors instead of cash compensation.