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To: Amy J who wrote (172515)1/16/2003 9:37:04 AM
From: GVTucker  Read Replies (1) | Respond to of 186894
 
Amy, RE: The risk is so much higher for early stage investors, that I'm surprised the capital gains tax rate is the same for a privately held firm as a public company.

Note that an early stage company is not necessarily the same thing as a privately held firm.

A lot of very old, very large firms are privately held.