"Revenue and profit are two different things; money in your bank account is not necessarily spendable." <- Oh my stories. #microconf
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Yeah, years ago I met a USA entrepreneur that had sold his company. He was technically wealthy but broke, due to how taxes & earn outs work.
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He'd had to borrow money to pay his taxes on the company sale, knowing the money to repay would appear about a year or two later.
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US taxes? Couldn't do an installment agreement?
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Eeep! :-/
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