I’m not an accountant so confirm with one: 1. C Corp with S corp taxation would be ideal, but if you don’t have that, make sure you store all of your legitimat

I’m not an accountant so confirm with one: 1. C Corp with S corp taxation would be ideal, but if you don’t have that, make sure you store all of your legitimate expenses including accounting, taxes, ads, etc. You can save any losses as NOLs and use them to offset future gains for a while. Many SV startups don’t have a profit for a long time but the losses are still worth something (some get acquired for the losses). 2. Small number of initial stock issuing below 5000 helps reduce expenses until you get a valuation that matters. 3. A Delaware CCorp that doesn’t yet make money with founder in California who owns property will spend close to $2000 annually between 800 california FTB tax, delaware minimal tax, turbotax, registered agent, etc.