I have been spearheading the ff Venture Capital social media channels for a couple of years, and have learned many Do's and Don'ts that I want to share...
Silicon Alley is expanding, which makes our team here at ff Venture Capital very happy. We were recently briefed on a new initiative called the H.E.L.M program, which is designed to support businesses located in or moving to Lower Manhattan.
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.
There’s a war for young talent raging among America’s startups right now. All the best companies have booths at college job fairs, and help-wanted postings are sprouting like daisies on career websites. What this means is easy: if a startup wants to attract “A-list” candidates, it’s going to need the best recruiting tools around. The problem, of course, is that every other small business in America is using them too.
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 was on a panel of the New York chapter of the Startup Leadership Program that was discussing Leadership, Management and Culture at a venture. I chose to cover “Management”;. Before I started, I asked the group how many of the 20 or so participants aspired to be great at ...
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.