How to Rick Roll a Venture Capital Firm
How to rick roll a venture capital firm with your startup company's pitch
Venture Capital Geography & Performance
I’ve always been skeptical of the “you have to be in the Valley” to be a successful startup. Well here’s some potential ammo for those of you being pressured into moving, whether from Dallas to Boston, or Rancho Cucamonga to the Valley: Non-local investments made by venture capital firms based in the Valley, [...]
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What is a Registered Agent?
A registered agent is someone, either a company or an individual, that a corporation appoints to receive service of process and other official notices such as state franchise tax notices. Service of process is how a third party gives your company notice of a pending legal matter, which allows your company to respond accordingly. [...]
Posted in IncorporationComments (1)
June One-Six-Seven-One
Back in high school, I told my closest friends that “when I have a law firm, 2pac will be playing in the office.” I really didn’t plan to have my own law practice in high school, I was just letting my friends know that I wouldn’t change. Of course, I’m writing this from the [...]
Posted in Startup IssuesComments (1)
Startup “Odds of Success” Calculator
StartupNation released an “Odds of Success Calculator” so that entrepreneurs can “see if your business is prepared for success.” The calculator derives your odds of success based upon your answers to the following 8 questions: (1) About how much debt and equity capital has been provided to your business? (2) How long do you think it [...]
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The 83(b) Election For Startup Founders
If founders stock is issued subject to a vesting period, each founder should make a Section 83(b) election with the IRS within 30 days of purchasing the restricted stock. If a founder fails to make a 83(b) election, each vesting milestone will be a taxable event for the founder. “Income” will be calculated [...]
Posted in IncorporationComments (0)
Don’t Oversmart Your Startup’s Business Plan
A couple of weeks ago, I retweeted a Brad Feld post titled “Startup Cost Projections for First-Time Entrepreneurs.” The passage that interested me the most was: The biggest mistake first time entrepreneurs make is that they fall prey to the idea that they need to put together a five year P&L forecast and cash flow [...]
Posted in Startup IssuesComments (0)
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