A good domain name can catch attention, biasing people to prefer your company over competitors, and making it easy to reach the website if and when they decide to use it. A bad domain name can sink you. Like a storefront and location in the offline world, your domain name is the very first vehicle by which potential investors/customers/employees evaluate your company before they even engage.
Accounting. Accruals. GAAP. These words are probably not the first things that pop up in the mind of a startup founder as he or she assembles a team, develops a product, acquires customers and runs a business. As CPAs, though, we believe that these and other related issues a should be treated as critically as any other business decision.
I have written before about the tax benefit to investors from investing in a Qualified Small Business. The fact sometimes gets lost, but a company founder is also eligible for the tax benefit of excluding a portion of his QSB gain when he sells his interest. (State and local tax rates vary.) Because the law places limits on the tax benefit, careful planning by a founder is required.
Everyone knows that startups are sexy. You make the rules, you get the money, glory and fame, press coverage, you name it. And while you have to work hard for this to happen — well, even harder than you ever thought you would — all is good in the end. Until it’s not.
Convertible notes (converts, convertibles) are a popular, but poor vehicle for the first investment round for a company. Many disagree. From an investor’s point of view, however, convertible notes rarely make sense, except to bridge to an existing investment at an inflection point into a much larger round.
At Phone.com we are in a very competitive business environment and one which is also a very fast moving and changing market. Yes the product and the service that we put out is extremely important. We have to remain cutting edge, offer the best features and apps and keep innovating. We do a pretty darn good job at this and we have some nice accolades to support it.
As the CEO of a 3 1/2; year-old startup and the mother of a tween daughter, free time is something I only dream about. But aside from running VolunteerSpot and juggling family, I have a third responsibility: helping women see that there's a place for them in the startup world. ...
I recently attended the "Technology Hiring Employment Outlook" hosted by the New York Technology Council on Monday March 19, 2012. The panel featured speakers: Tom Silver, Sr. VP for Dice.com; Manish Chowdhary, Founder; CEO of GoECart; Jay Colan, Sr. VP of Lee Hecht Harrison; and Scott Sperling, Senior ...