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Someone will be using a "startup company name" generator for these wholly owned subsidiaries and be filling out the paperwork for 50 of them all at the same tim
by ansible 10y ago
Someone will be using a "startup company name" generator for these wholly owned subsidiaries and be filling out the paperwork for 50 of them all at the same time. No doubt to get a discount on the legal fees.
- derefr 10y agoIs there a simple way to say in legalese "we want startups, but not 1. startups that have large companies as controlling interests at any remove, or 2. startups who exist to serve only one or two large companies"? Sure, you'd exclude a few enterprise-B2B startups from your program, and startups that have been invested in "over a barrel" such that the founders no longer retain control, but you'd also filter out these ne'er-do-wells.
- st3v3r 10y agoNot really, which is why I generally oppose special rules for startups. No way to make sure that it's bona fide startups using them.
- user5994461 10y agoBreaking news: The name generator is available there https://www.dotomator.com/web20.html https://www.dotomator.com/web20.html
- apazzolini 10y agoSounds like automating creating startups and filling out paperwork for H1-Bs is a good idea for a startup.