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BorgBase founder here. All correct what you found. I started the company from the US via YC startup school in 2018, but later decided to place myself in Europe

by m3nu 5y ago

BorgBase founder here. All correct what you found. I started the company from the US via YC startup school in 2018, but later decided to place myself in Europe again. Hence moving the incorporation to the EU made sense. My director is handling the commercial aspect, like VAT, taxes and banking. Myself, I maintain our open source projects like Vorta, our Ansible role and macOS packaging for Borg. Hope this helps to clear your reservations. I should update our GDPR page with regard to the regulator. That's outdated by now.

wasmitnetzen 5y ago
Thanks for the reply. I guess a tech person not wanting to have anything to do with bureaucracy just looks similar to an attempt at tax evasion from the outside.
pmarreck 5y ago
Do you have any advice for a technical 1-dev-army who wants to expand out to a small product-focused team and outsource (most of) the commercial and sales aspects to a partner? Thanks for being a class act, based just on your presence here I might go Borg for a backup solution in the near future
- m3nu 5y ago
  Such a big question.. Here from least to most involved based on my experience: If you only need incorporation, accounting and taxes solved, you can just pay ~hourly. Price will depend on time spent. Budget more in the beginning to find a good setup that will save time later. Accountants generally know very little about automation opportunities, so you need to find them yourself. For sales positions, I'd always go for results-based compensation (like awarding equity as results are reached). If the person does more than pure sales, you need a non-tech cofounder with some equity and the task to build commercial processes, do sales, decide features. What you need will depend very much on your own skills and the product. Some stories: For my first startup, a physical consumer product, I had an equal partner with complementary skills who was very involved in product dev and sales. This worked well. Later, in two other startups, I had technical cofounders and there was nobody to do sales and collect feedback. Worked less well obviously. Hope this helps a bit and good luck with your idea!

by m3nu 5y ago

wasmitnetzen 5y ago

Thanks for the reply. I guess a tech person not wanting to have anything to do with bureaucracy just looks similar to an attempt at tax evasion from the outside.

pmarreck 5y ago

Do you have any advice for a technical 1-dev-army who wants to expand out to a small product-focused team and outsource (most of) the commercial and sales aspects to a partner? Thanks for being a class act, based just on your presence here I might go Borg for a backup solution in the near future

m3nu 5y ago
Such a big question.. Here from least to most involved based on my experience: If you only need incorporation, accounting and taxes solved, you can just pay ~hourly. Price will depend on time spent. Budget more in the beginning to find a good setup that will save time later. Accountants generally know very little about automation opportunities, so you need to find them yourself. For sales positions, I'd always go for results-based compensation (like awarding equity as results are reached). If the person does more than pure sales, you need a non-tech cofounder with some equity and the task to build commercial processes, do sales, decide features. What you need will depend very much on your own skills and the product. Some stories: For my first startup, a physical consumer product, I had an equal partner with complementary skills who was very involved in product dev and sales. This worked well. Later, in two other startups, I had technical cofounders and there was nobody to do sales and collect feedback. Worked less well obviously. Hope this helps a bit and good luck with your idea!