4 ms·

"If I Launched a Startup - in the US" this should be named.

by Eduard 15y ago

cmer 15y ago
Maybe. But maybe not. I started my startup in Canada and still incorporated in Delaware. Very glad I did.
- gawker 15y ago
  I would love to hear more about your experience! I'm interesting in doing a startup in Canada but I'm not sure about the whole legal issues.
  - cmer 15y ago
    I gave a talk a couple of years ago where I discussed what we did. See slide 77+ here: http://www.slideshare.net/cmercier/how-i-founded-bootstrapped-grew-and-sold-my-web-startups-meshu-2009 http://www.slideshare.net/cmercier/how-i-founded-bootstrappe... Let me know if you have more questions!
  - cmer 15y ago
    I just published something on my blog about the whole setup and experience. Let me know if it helps! http://news.ycombinator.com/item?id=2935970 http://news.ycombinator.com/item?id=2935970
- bemmu 15y ago
  Sounds like hours of pondering about international tax issues would follow this decision? I have a sole proprietorship in Finland. Sometimes I've given thought to having this type of standard corp in US, as if I have another hit Facebook app or whatever it seems like it would make me an easier entity for others to deal with. Apart from the tax issues, I worry about having to pay an US lawyer high US wages for advice / set up fees. Maybe I'm starting to believe all the news stories too much, but doesn't being incorporated in US also make you much more likely to be the target of some frivolous patent / other lawsuit?
pbreit 15y ago
First, half or more of the points apply globally. Second, there are a lot of qualifications beyond domicile. This type of knee-jerk post is unhelpful and tired.
- Eduard 15y ago
  I'm currently in the process of setting up a web start-up in Germany. I therefore know it from my own experience that - especially from a legal perspective - there are big differences between setting up a start-up in the US or in Germany. And trust me, this how-to list is not 1-to-1 applicable to how it's done in Germany. There has been coverage about German business clones of successful US start-ups. Also there have been complaints that some start-ups "don't think big" and expand their market coverage only in regional boundaries (airbnb vs. wimdu/9flats). Probably they would do better overseas if from early on such lists wouldn't be so focused.

"If I Launched a Startup - in the US" this should be named.

by Eduard 15y ago

"If I Launched a Startup - in the US" this should be named.

cmer 15y ago

Maybe. But maybe not. I started my startup in Canada and still incorporated in Delaware. Very glad I did.

gawker 15y ago
I would love to hear more about your experience! I'm interesting in doing a startup in Canada but I'm not sure about the whole legal issues.
- cmer 15y ago
  I gave a talk a couple of years ago where I discussed what we did. See slide 77+ here: http://www.slideshare.net/cmercier/how-i-founded-bootstrapped-grew-and-sold-my-web-startups-meshu-2009 http://www.slideshare.net/cmercier/how-i-founded-bootstrappe... Let me know if you have more questions!
- cmer 15y ago
  I just published something on my blog about the whole setup and experience. Let me know if it helps! http://news.ycombinator.com/item?id=2935970 http://news.ycombinator.com/item?id=2935970
bemmu 15y ago
Sounds like hours of pondering about international tax issues would follow this decision? I have a sole proprietorship in Finland. Sometimes I've given thought to having this type of standard corp in US, as if I have another hit Facebook app or whatever it seems like it would make me an easier entity for others to deal with. Apart from the tax issues, I worry about having to pay an US lawyer high US wages for advice / set up fees. Maybe I'm starting to believe all the news stories too much, but doesn't being incorporated in US also make you much more likely to be the target of some frivolous patent / other lawsuit?

pbreit 15y ago

First, half or more of the points apply globally. Second, there are a lot of qualifications beyond domicile. This type of knee-jerk post is unhelpful and tired.

Eduard 15y ago
I'm currently in the process of setting up a web start-up in Germany. I therefore know it from my own experience that - especially from a legal perspective - there are big differences between setting up a start-up in the US or in Germany. And trust me, this how-to list is not 1-to-1 applicable to how it's done in Germany. There has been coverage about German business clones of successful US start-ups. Also there have been complaints that some start-ups "don't think big" and expand their market coverage only in regional boundaries (airbnb vs. wimdu/9flats). Probably they would do better overseas if from early on such lists wouldn't be so focused.