weeblyrocks

3 ms·

1.
by weeblyrocks 19y ago
One more reason to stay a subchapter S Corporation if you don't need to raise VC money: - There is a special election you can make when you sell the company that allows you to sell the assets instead of the equity which is something you can
2.
by weeblyrocks 19y ago
You're most welcome. The best entrepreneur's legal guide is called "Entrepreneur's Guide to Business Law" published by Thompson / West Law written by Bagley and Dauchy. I bought it when I was doing my first start-up and I'm sure they have
3.
by weeblyrocks 19y ago
Someone.
4.
by weeblyrocks 19y ago
"What could be simpler?" The evaluation of your criteria is probably impossible. It's far from simple.
5.
by weeblyrocks 19y ago
Why not a subchapter S if you wanted to keep costs down?
6.
by weeblyrocks 19y ago
The reason most attorneys advise Delaware is that the precedents are strongest there. Furthermore, it makes long-term legal costs lower because most corporate lawyers are familiar with Delaware's nuances. All corporations are C by default.
7.
by weeblyrocks 19y ago
If this person actually had a good college education they'd understand the concept of opportunity cost. The more well educated you are, the higher your opportunity cost. Having a top college in your pocket can also help build your networ
8.
by weeblyrocks 19y ago
Or not. This could be a disaster for them given that people like Friedman actually have a relatively loyal following. Going free is not the answer to everything.
9.
by weeblyrocks 19y ago
This is exactly why you don't move out to Silicon Valley. Build your start-up, get out, and enjoy your life. You might even have something left to give to charity. In Silicon Valley you'll blow your money on a huge house, a plastic wife