patio11

85 ms·

841.
by patio11 10y ago
I'm going to look into this for you and will follow up by email. (If I find something which is useful for similarly situated companies, I will post what I learn here.)
842.
by patio11 10y ago
We have many companies that are pre-revenue before they incorporate. We'll ask for some detail on what the general plan is for making money, so that we (and our banking partner) know, but we don't quite need the same level of det
843.
by patio11 10y ago
We incorporate real companies for real businesses. If one ever wants to e.g. get legal advice from a professional other than ones Atlas recommends, we’re more than happy for our companies to do that. (Many of them do, already.) We see ours
844.
by patio11 10y ago
Stripe's goal is to increase the GDP of the Internet. We're doing Atlas because we think it is instrumentally useful to achieving that. This isn't purely altruistic; we're increasing the GDP of the Internet both becaus
845.
by patio11 10y ago
The TCO of a company depends heavily on your situation, which is one reason we find it difficult to have an official answer on that. As a single data point, my personal tax situation involved US LLCs last year, as an American living in Japa
846.
by patio11 10y ago
We ship first and then announce dates because down the other path lies disaster, but LLCs are a great way to incorporate many tech businesses, and Atlas aims to incorporate most tech businesses.
847.
by patio11 10y ago
We've technically speaking got a lot of US startups on Atlas, but we're happy to have more. Today's announcement also includes a number of other improvements we've made the last few months. I'm happy to answer ques
848.
by patio11 10y ago
There exists a message board called "Credit Cards and Consumer Debt" within the Motley Fool. I commented there for a few years on a variety of subjects, under a pseudonym (which is laughably transparent to anyone who knows me but
849.
by patio11 10y ago
Absolutely correct. This is pocket lint to Bank of America. The big banks operate at an absolutely mammoth scale; BoA has 208k employees. More consequential mistakes than this happen by the thousands every day. There is, quite literally
850.
by patio11 10y ago
If it were me and I was coming at it from nothing I'd write, in order: 1) Minimal stake-in-the-Internet landing page. ("I'm writing a book on ActiveRecord optimization. I've worked for 3 years on AR optimization. For
851.
by patio11 10y ago
What are some simple things I can build by myself? You're already successful at selling enterprise services to at least one company in management and backend data processing. Have you considered selling management and backend data p
852.
by patio11 10y ago
I remember a lot more 作動開始/作動確認！ than よし but it has been a while.
853.
by patio11 10y ago
It was also doctrine for emergency procedures and anything at a heightened level of care as an engineer at a company (in hkmurakami's neck of the woods, at a company in a region where a certain large automobile manufacturer sets a lot
854.
by patio11 10y ago
FYI - you will not have a good time buying and selling stocks onesie-twosie when it comes time to filling out your tax return This used to be true, but these days your brokerage has to do all the hard work for you (like calculating basi
855.
by patio11 10y ago
A lot of the Uber-for-food-delivery startups use them for ordering at restaurants because there is no text-based API to restaurants and the UX of receiving an automated phone call is poor. They're pervasive in finance, insurance, e
856.
by patio11 10y ago
A combination of things: I had a conversation with Joel Spolsky which convinced me that people with the opportunity to contribute a lot to the world have an obligation to do so. (He grounded this in a Talmudic understanding but it largely
857.
by patio11 10y ago
I even considered emailing you to ask if doing bingo card software localized to Brazil for instance was a good idea I'll take the liberty of answering here: it's a terrible, terrible project relative to your goals when you consi
858.
by patio11 10y ago
Worth mentioning: my desires on what to optimize for have waxed and waned over the years.
859.
by patio11 10y ago
There are any number of software entrepreneurs (and, for that matter, insurance agents) who widely vary the amount of time they spend on the business and include many weeks where they look gainfully unemployed. In terms of what to shoot for
860.
by patio11 10y ago
If you have ubiquitous records of your behavior then, in the event of adversarial legal process, you will routinely be compelled to produce a very large subsection of those records, and you will find that a poorly considered moment N years
861.
by patio11 10y ago
This was in Japan. I'm from the US. It's market for a 25 year old in Nagoya, but the point is that despite the fact that there were really straightforward ways to get triple that I in fact did not.
862.
by patio11 10y ago
Would you believe that I took a $30k a year programming job as a legal immigrant in the knowledge that it would require 60+ hour weeks because it was my impression that it was the best option available to me? "I'm clearly not Goog
863.
by patio11 10y ago
Fraudsters frequently use "smurfs", who are often less than sophisticated, to get around this. Pretend you're a not-too-savvy-about-international-finance person in the US who, because you have a pulse and are at least minimal
864.
by patio11 10y ago
They're physical retail locations zoned commercial which, by law, have to be staffed by people making 6 figures.
865.
by patio11 10y ago
Consulting is high variance, particularly when consultants underinvest in marketing/sales. It's absolutely nothing to be ashamed of; we're all in business here (some more straightforwardly than others). There is nothing wro
866.
by patio11 10y ago
Inverse of loss ratio answers the question "Would I pay $5 to purchase $1 of claims with an expected value of $1?" No; you'd pay far closer to $1.20.
867.
by patio11 10y ago
(If you look at loss ratios in the insurance industry -- payouts and claim expenses over premiums collected -- it is closer to ~$1.20 in most fields, and coming down over time. Yay capitalism!)
868.
by patio11 10y ago
Anecdote: Bingo Card Creator got a lot of customers from the checking account generations. Anyone offering to send in a check (or pay via a school purchase order) got the software for free, because accepting a check would cost us more than
869.
by patio11 10y ago
Writing a book and selling software are similar from a tax perspective; you pay income taxes on the difference between your revenues and expenses. It might surprise people that authors have material expenses, but it is very, very easy to ha
870.
by patio11 10y ago
Ahh bookkeeping. There are some subtleties here depending on your corporate form and where you are located. With a pass-through entity like an LLC, the typical way you do things is to physically transfer money from your personal checking a

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