Startups are all about risk, so startup investment is based on identifying the startups which are successfully making themselves less risky over time. One of the most common (and investor-friendly) ways to derisk your startup is to build a diverse, well-rounded support network that can act as a major asset to your venture—aside from investors, these will mostly be your board of directors and your startup’s advisors.
In December of last year, Congress passed the largest tax bill since 1986. The wide-ranging changes affect everything from personal income taxes to pass-through entities and corporate taxes. Since taxes are a critical consideration for every business venture, it’s important for founders to understand how these changes may impact high growth startups.
Every business, from a mom-and-pop flower shop to the next billion-dollar tech giant, first has to legally establish itself as a company. But, just as there are many kinds of businesses, there are also many ways of establishing a company—and as you can imagine, a flower shop and a would-be Uber are probably not going to be best-served by the same one.
Today we’re proud to release an updated Co-founder Equity Split tool. We released the first version back in November to help startup founders divide the ownership of their startup fairly and rationally among their team. Since then, we’ve been collecting feedback from founders about how it could better help them with their decision.
Even startups with the most revolutionary products and services will fail unless they work as businesses. If customers are unwilling to pay for your product, your business will fail, so it’s essential that you validate your concept by testing customer interest very early on. One way to do this is to put your idea online.