How to Qualify for a C-Corp

Each time you exercise to get shares that would start a new five-year clock. There are companies that could have a hundred million dollar valuation but have barely any assets and still qualify right yep exactly it's really the truly the balance sheet of the company is the most important thing, especially if you're carrying assets at cost. Even if you don't have qsps eligibility that doesn't mean that you don't want to be a c-corpright i think like maybe some people hear that and they think like well only reason i'd want to be  c-corp so double taxation sucks.