mmckelvy

14 ms·

91.
Employers Eager to Hire Try a New Policy: No Experience Necessary(wsj.com)
2 points by mmckelvy 8y ago|0 comments
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by mmckelvy 8y ago
I think it's important to consider observations in the context in which they were made. PG made those observations back in 2008. Things have evolved substantially since then. SF (and other coastal cities) are much different today th
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by mmckelvy 9y ago
Concur. Once you get over the initial learning curve, psql is the weapon of choice.
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by mmckelvy 9y ago
I found this recent book by one of the Postgres contributors helpful: https://masteringpostgresql.com/
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by mmckelvy 9y ago
Yep! Fixed.
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by mmckelvy 9y ago
Yes, I wouldn't dispute there are a lot of situations where organizing somewhere other than your home state is a good idea. I'm just trying to point out that "Delaware C Corp" may not always be the right answer. It may
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by mmckelvy 9y ago
Lol! Glad you at least liked the second article a little better. I have some plans for future posts that will delve a little further into the weeds on various structuring / finance / tax topics.
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by mmckelvy 9y ago
I put together an "intro guide" on business structures and tax classifications in another blog post: https://blog.bookandledger.com/topics/business-formation/int... It should hopefully be a good starting
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by mmckelvy 9y ago
I would just add that tax classification and the liability protection entity are two different things. You can form an LLC and elect to be taxed as a C Corp. The upside is most states have fewer admin requirements for LLCs (e.g. you don&#
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by mmckelvy 9y ago
Yes there are ongoing fees/taxes, but forming it is $70. I highlight this fact in the "Before you begin" section of the post. My goal was to point out that you don't necessarily have to shell out $500 - $1,500 bucks just
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by mmckelvy 9y ago
Yes definitely. I tried to highlight it in the "Before you begin" section of the post. There is also an LLC fee once you hit a certain income threshold.
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by mmckelvy 9y ago
I break down the differences among entities in another post from the same blog: https://blog.bookandledger.com/topics/business-formation/int...
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by mmckelvy 9y ago
Yeah this article is meant as a simple how-to for someone that has already decided they want to form an LLC in California and understand the pros and cons. I cover some of the issues you cite in another post: https://blog.bookand
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Form a California LLC in 10 minutes for $70(blog.bookandledger.com)
494 points by mmckelvy 9y ago|269 comments
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by mmckelvy 9y ago
Setting up a business entity is actually not that difficult. You can do it yourself. In California for instance, you can set up an LLC in about 5 minutes for $70. It requires filing out one form with the name of your business and the owne
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by mmckelvy 9y ago
Keep in mind, business entities and tax classifications are different things. You can be an LLC and then elect to be taxed as a C Corp. Usually this doesn't make sense unless you need to prevent income from passing through to the own
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An intuitive accounting guide for founders(blog.bookandledger.com)
1 points by mmckelvy 9y ago|0 comments
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A short introduction to forming a business(blog.bookandledger.com)
2 points by mmckelvy 9y ago|0 comments
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by mmckelvy 10y ago
The information in this post is not entirely accurate. You can certainly issue incentive equity, divide up ownership, AND take money from outside investors with an LLC. We did it frequently at the private equity fund I worked for a few yea
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by mmckelvy 10y ago
This looks like a great resource. Interesting that the author says this book is partly for "application devs". As a JavaScript dev, learning C has always had a certain appeal. However, anytime I start to dive in, there's this
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by mmckelvy 10y ago
> The fact that you haven't seen this information or reaction before says more about you than the facts of the case. And there we have it.
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by mmckelvy 10y ago
No one has called for a ban of all Muslims, citizens or otherwise and no fundamental rights of U.S. citizens have been threatened as far as I know. We are talking about which non-citizens we allow into our country.
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by mmckelvy 10y ago
The majority of the reactions I have seen focus almost exclusively on the restrictions themselves rather than the way they were implemented. Among SV, the media, Hollywood, and elites in general, any call for immigration / entry restri
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by mmckelvy 10y ago
I see SV and its ilk are doubling down on the actions and ideas that lost them the election. Perhaps something beyond a knee-jerk reaction is in order. Great article along these lines: http://blogs.spectator.co.uk/2017&#x2F
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by mmckelvy 10y ago
This. I worked with a lot of law firms in my previous career (finance) and in my experience it seemed like they generally went out of their way to reinvent the wheel -- even with trivial things that should be standardized like non-disclosur
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by mmckelvy 10y ago
http://www.wallstreetoasis.com/ . I think that will have exactly what you're looking for.
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by mmckelvy 10y ago
Wholeheartedly agree.