Ten Minute Interview: Structuring Venture Investments for Family Offices

First enacted in 1993, Qualified Small Business Stock (QSBS) has been one of the most powerful wealth-building tools for founders, early employees, and venture investors. Section 1202 of the Internal Revenue Code allows up to $15 million in capital gains to be shielded from federal taxes on the sale of qualifying stock, provided the stock is held long enough and the company meets the statutory requirements. That benefit became even more valuable after Congress expanded the exclusion in 2025.

A ceasefire framework, a fragile relapse, and an oil market that moved faster than the forecasters. Why energy and legal teams should plan for prolonged uncertainty rather than a clean resolution.

The DOJ's recent settlement with Alabama defense contractor LOGZONE Inc. is a notable reminder that, in the federal contracting context, cybersecurity deficiencies are not merely technical concerns — they can create False Claims Act exposure, particularly where a contractor misstates its compliance status to the government.