Hi Tarec, thanks this is great! Guidant Financial is in fact the company I have been speaking to about implementing the ROBS plan. The challenge is that to bring any VC in the future, they have to be awarded common stock too. If VC investors are given preferred stock, it puts the 401k fund with common stock at a disadvantage and contravenes IRS rules around the ROBS program as I understand it.
Cheers,
Sean
U are welcome.
From what I recall, the podcast was talking about acquiring a branded e-com store. It was a pretty straight forward process with the buyer's ROBS as any profit from the business would "roll back" to the 401k but I am not sure how it would work with a new start-up with VC involved. That, I can't, unfortunately, help you.