Navigating the New QSBS to Maximize VC Gains

Qualified Small Business Stock (QSBS) can help venture capital investors pay zero capital gains taxes—and Congress just made it even better. On July 4, 2025, investors were able to purchase new QSBS shares in companies that are more mature, realize tax savings earlier, and benefit from a higher cap of up to $15M in gains tax free.

Hear from Reed McBride, Founder of Mintaka VC, and Carta experts Nicole Jones and Anthony Cimino on how QSBS works, the best ways to navigate its evolving structure, and how to leverage this powerful incentive to bolster your portfolio and portcos.

You will learn:

Updating Your Investment Strategy: How the new QSBS rules impact your portfolio, with a focus on investing in a broader range of growth companies and exit planning.
Tax-Savvy Moves: Practical tax strategies and the nuances of QSBS rollovers under the new framework. The treatment of convertible notes and other financial instruments will be explored.
Advising Your Portfolio Companies: Learn how to guide your companies to maintain their QSBS eligibility, including the critical new gross asset threshold and the "active business" test, particularly as it relates to R&D and intellectual property assets.

Featuring

Reed McBride
Managing Partner
Mintaka VC

Anthony Cimino
Head of Policy
Carta

Nicole Jones
Manager, Equity Advisory
Carta

DISCLOSURE: This event is presented on behalf of eShares, Inc., dba Carta, Inc. (“Carta”). The content of this event is not, and no opinions or comments shared in this event should be treated or construed as, accounting, business, financial, investment, legal, tax, or other professional advice or services. This event is for information purposes only. The content of this event is not intended as a recommendation, offer or solicitation for the purchase or sale of any security. Carta does not assume any liability for reliance on the information provided herein and undertakes no obligation to update content. The opinions of the guests and host are their own and do not reflect the view of Carta or Carta’s affiliates. All product names, logos, and brands are property of their respective owners in the U.S. and other countries, and are used for identification purposes only. Use of these names, logos, and brands does not imply affiliation or endorsement.