Inside The LP Room by The Council Capital: QSBS
Inside The LP Room by The Council Capital: The QSBS Playbook - How Savvy Investors & Founders Maximize Tax-Free Returns
We're back with our next edition of Inside the LP Room, which was created to give our community an inside look at the founders we believe in, themes we're tracking across our portfolio, and important LP educational topics.
QSBS is one of the most powerful tax advantages in early-stage investing - and one of the least understood. For U.S. investors, QSBS stacking can save you up to $3.7M for every $10M gain. LPs in early-stage funds can even access QSBS benefits across every fund investment. For founders, the right trust structure can mean millions in tax-free gains at exit.
The Council is once again partnering with Alessandro Chesser, Founder of Dynasty, to break down how QSBS works at both the fund and individual level - and what founders and investors can do today to take full advantage of it.
Who Should Attend? LPs, family offices, GPs, and founders with startup equity who want a clear, practical breakdown of one of the most powerful tools in early-stage investing.
What We'll Cover:
How QSBS eligibility transforms after-tax returns for early-stage LP investors
How trust stacking works - and why it matters for your after-tax returns
What founders need to set up - and when - before their next liquidity event
Dynasty's new GP trust product and what it means for fund managers
Speakers:
Amber Illig is the General Partner at The Council Fund, where she invests in B2B software companies focused on essential industries such as manufacturing, legal, and healthcare. Her experience in operations leadership at companies like Eli Lilly, Apple, Snap, and Cruise sparked her passion for angel investing. As a co-founder of The Council Angels, a community of 200+ tech operators, Amber successfully made 30 personal angel investments, which paved the way for her to raise Fund I. With her extensive background as both an operator and an investor, Amber is dedicated to helping tech leaders navigate their own paths into LP & angel investing.
Alessandro Chesser is the founder of Dynasty, where he’s working to make powerful Nevada trusts simple and accessible for everyday families. Before that, he was VP of Sales at Carta, helping grow the company from zero to $300M+ in revenue. He started out in financial services and launched Dynasty in 2022 after seeing how hard it was for most people to access the same trust tools used by the ultra-wealthy.
👋 About Us
The Council is an operator-led venture firm investing in vertical AI for essential industries as part of Software’s Third Act. We also run an exclusive angel group and podcast for top operators, designed to inspire and attract the founders of tomorrow’s unicorns.