article thumbnail

How to Form a Corporation

Up and Running

Ideally, you will interview a few candidates and pick the partners you feel comfortable working with for a long time. In addition to those two types of hired help, you can get free guidance and support from a local SBDC consultant. Your choice here is to either hire an agent or be your own. Give your business a name.

article thumbnail

Saul Mishkin Reveals The Secret To Starting A Business As An Immigrant In America

The Startup Magazine

These markets can help improve business by partnering or attracting other clientele to the original location. Hiring family members or volunteers may be an option for some businesses. Delaware is considered one of the best states for starting a business because of the low corporate tax rate. Opening New Markets.

America 178
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How To Start A Startup – For Busy People

YoungUpstarts

The wrong first hire could kill a company, so apply the Mark Zuckerberg test: “Would I be comfortable reporting to this person if the roles were reversed? Kevin Hale, Founder, Wufoo, and Partner, Y Combinator. Justin Kan, Founder, Twitch, and Partner, Y Combinator. Alfred Lin, Former COO, Zappos, and Partner, Sequoia Capital.

Cofounder 100
article thumbnail

The Legal Side of Entrepreneurship

YoungUpstarts

by John Vrionis, partner at Lightspeed Venture Partners. Startups also must pay an inexpensive service fee for incorporating in Delaware. A startup may need to hire a lawyer to understand what the best strategy is given its particular technology space and to guard against being seen as an easy mark. If high U.S.

article thumbnail

The Ultimate Guide to Starting a Software Company

Up and Running

List key partners and resources you will need, and then list your core team as well as their roles. If you don’t yet have a team yet, list the roles you need to hire for. List key partners and resources you will need, and then list your core team as well as their roles. presence via a Delaware-based C-Corp also gives non-U.S.

article thumbnail

How to Work with Lawyers at a Startup

Both Sides of the Table

Founded it as a California LLC but your potential VC wants a Delaware C-Corp? I know he’s smart but you wouldn’t hire a Javascript developer to do your database design – would you? Focus on the partner you would be working with. One issue he talked about was working with partners. Get to know them.

article thumbnail

Flexible VCs With Structures Between Equity and Revenue-Based Investing

David Teten

(co-written with Jamie Finney, Founding Partner at Greater Colorado Venture Fund. The founders, LPs, and venture partners have a long history in local startup ecosystems in the Southeast including LaunchTN , The Company Lab , CoStarters , and several other regional funds and resources. II: Who are the major Revenue-Based Investing VCs?

Equity 78