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13 Critical Small Business Legal Requirements to Start a Business

Up and Running

The size standards are different for each industry and are defined by the government body established to oversee such matters. What you need depends on your location, business activities, industry, and government rules. Develop a founders agreement. Still, it makes it easier to pay salaries and file tax returns accurately.

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The Co-Founder Mythology

Both Sides of the Table

I covered what I call “the co-founder mythology.&# Either you’re not technical and you think you need a technical co-founder or vice-versa. It is increasingly popular to have “founder dating&# or “startup weekend hackathons&# of some variety or the other. Hire your co-founder.

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Flexible VC, a New Model for Companies Targeting Profitability

David Teten

(co-written with Jamie Finney, Founding Partner at Greater Colorado Venture Fund. From RBI, Flexible VCs borrow the ability to reap meaningful returns without demanding founders build for an exit. By tying payments to actual revenues, founders and investors remain aligned around the company’s real-time performance, good or bad.

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The evolution of early stage investing in the UK

The Equity Kicker

We see this all the time at Forward Partners where we invest right from the idea stage and most of the companies get a first version of their product live for less than £30k (that generally includes founder salaries and time spent doing customer research). The second development is SEIS and EIS.

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5 Monumental Legal Mistakes Made By Startups

YoungUpstarts

If you are developing your startup with a partner or co-founder, failing to create a detailed business partnership can cause serious legal ramifications later. Rights to buy back shares of co-founders if they decide to leave the company. Salary entitlements.

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Challenges and Opportunities for Europe’s Metaverse Market

ReadWriteStart

According to Rolf Illenberger, co-founder of VRdirect, a virtual reality platform in Munich, none of the big European tech companies are currently relevant to the future of the Metaverse. Even though Finland offers free and high-quality education, it cannot compete with Silicon Valley regarding salaries.

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Seeking CEO+team for VC-backed startup: Make America Functional Again

David Teten

Would you like to have a salary from day one that you work full-time on your startup? For 2 years, I’ve been struggling to think what I can do to help make America functional again, in light of how broken our governance is. See Should you co-found a company with your friend? Do you want to make America functional again ?

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