Austin Startup

JANUARY 25, 2020

A keen researcher, I looked up the best states to incorporate a company for startups— Nevada and Delaware were tops. I chose Delaware, signed up with Clerky and paid for my incorporation. In 3 days, my articles of incorporation as a Delaware C-Corp came by email. I looked at it, and felt a little different.

Delaware 62

Delaware SEC New York City New York 62

YoungUpstarts

SEPTEMBER 28, 2017

However, you need to learn everything you can about finding the perfect name for your startup; plus, make use of online resources like the Secretary of State Delaware business entity search to ensure you are not infringing on an already existing business name. Step 5: Choosing Your Business Structure.

Delaware 173

Delaware LLC Bootstrapping Naming 173

Startup Professionals Musings

MARCH 11, 2013

If you are certain that you are building a large national corporation with more than 100 investors, and multiple classes of stock, then you might as well start with a Delaware or Nevada C-Corp. In addition, corporations have quarterly filing requirements, and even monthly ones, if you collect sales taxes and hire employees.

LLC 234

LLC Nevada Delaware Limited Liability Company 234

Steve Blank

MAY 13, 2013

It’s time to teach Cyber Security as integral part of the high school and college curriculum and to all corporate employees. I grew up in New York City and for a few years heaven on earth for me was going to Boy Scout camp in the summer near the Delaware River. We now know the basic tools online hackers use.

Security 258

Security Intellectual Property New York City Delaware 258

Hearpreneur

FEBRUARY 1, 2019

We were told that we didn’t need to set up a C-Corp in Delaware even though they have the most tax-favorable state for this. Hiring the first ten employees was incredibly easy for me. Hiring inappropriate council constituted a $15k mistake because the incorrect company was formed–costing us time and $15k.

Entrepreneur 55

Entrepreneur Delaware Hiring Social Media 55

Hearpreneur

FEBRUARY 1, 2019

We were told that we didn’t need to set up a C-Corp in Delaware even though they have the most tax-favorable state for this. Hiring the first ten employees was incredibly easy for me. Hiring inappropriate council constituted a $15k mistake because the incorrect company was formed–costing us time and $15k.

Entrepreneur 54

Entrepreneur Delaware Hiring Social Media 54

YoungUpstarts

MARCH 14, 2017

These states include Nevada, Delaware and Wyoming, though there are many other US locations that are worthy of consideration too. This is a doctrine that US workers are hired ‘at-will’ rather than under a contract of employment, which means that employees can cease to work for their employer at any time without giving notice.

America 113

America Wyoming United States Nevada 113

Gust

OCTOBER 11, 2012

While you will definitely need to be a corporate entity before you can accept funding from any investor (or issue stock options to any employees), the specific corporate status of the venture at this stage is much less important to investors than its functional status.

Delaware 122

Delaware Stock Options Cofounder Stock 122

OnlyOnce

MAY 3, 2013

Even though we’ve lost two other employees in the last 18 months to cancer, there was something different about this one. The second was that I came face to face with a judge in the state of Delaware for the first time around some litigation we’re in the middle of now.

Delaware 82

Delaware Leadership Employee Search 82

Steve Blank

MAY 13, 2013

It’s time to teach Cyber Security as integral part of the high school and college curriculum and to all corporate employees. I grew up in New York City and for a few years heaven on earth for me was going to Boy Scout camp in the summer near the Delaware River. We now know the basic tools online hackers use.

Security 152

Security Intellectual Property New York City Delaware 152

Gust

DECEMBER 8, 2011

Determine the allocation of equity among co-founders, early employees or other service providers, and future contributors as applicable, as well as the vesting schedule , if any, that will apply. Form a legal entity to operate the business (we’ll use a Delaware corporation as an example for Newco). Offer letters for employees.

Intellectual Property 139

Intellectual Property Non-disclosure Agreement Delaware Stock 139

Up and Running

AUGUST 21, 2014

Method, the popular cleaning products company, is a registered benefit corporation in the state of Delaware. It can also help you attract employees: a recent study from the Intelligence Group found that 64% of millenials (workers age 20 to mid 30s) say they want part of their jobs to be making the world a better place.

Rhode Island 110

Rhode Island South Carolina Delaware Louisiana 110

Seeing Both Sides

AUGUST 28, 2017

Governance of the corporation is a bit easier—Delaware Law has long-practiced guiding principals for things like fiduciary duties such as duty of care and duty of loyalty—but what are the governance requirements and obligations with respect to the token economy and the related community?

Early Stage 20

Early Stage Equity Venture Capital Government 20

Seeing Both Sides

AUGUST 28, 2017

Governance of the corporation is a bit easier—Delaware Law has long-practiced guiding principals for things like fiduciary duties such as duty of care and duty of loyalty—but what are the governance requirements and obligations with respect to the token economy and the related community?

Early Stage 20

Early Stage Equity Venture Capital Government 20

Scott Edward Walker

NOVEMBER 2, 2011

Incorporate in Delaware and qualify the company to do business in the state in which its principal office is located (see #2 here ). If you hire any employees, make sure you don’t misclassify them as an independent contractor or fail to pay them at least the minimum wage (see post here ).

Accredited Investor 111

Accredited Investor Stock Options Delaware Silicon Valley 111

YoungUpstarts

MARCH 19, 2015

Fast fact: In Taiwan, people work an average of 2,200 hours a year — a full 20 percent more than employees in Japan and the United States. Accordingly, interruptions are routine, agendas are dispensable, and schedules are always subject to change. Know how people communicate — directly or indirectly. .

Asia 100

Asia Myanmar South Korea Burma 100

Up and Running

MAY 23, 2016

For GreenPal, Gene Caballero says, “We knew that if we ever wanted to be looked at seriously by venture capitalists, we would need to be a C-Corp in Delaware.”. In fact, GreenPal wasn’t the only one that figured it was best to go for a Delaware-based C-Corp. presence via a Delaware-based C-Corp also gives non-U.S.

Software Review 74

Software Review Software Delaware Forecast 74

Scott Edward Walker

OCTOBER 27, 2015

Incorporate in Delaware and qualify the company to do business in the state in which its principal office is located (see #2 here ). If you hire any employees, make sure you don’t misclassify them as an independent contractor or fail to pay them at least the minimum wage (see post here ). Cheers, Scott. Legal Checklist for Startups.

Intellectual Property 40

Intellectual Property Accredited Investor Vesting Delaware 40

Up and Running

JULY 5, 2017

These are the taxes you withhold from an employee’s gross wages, and you make FICA contributions based on employee wages. You are also responsible for paying federal and state unemployment taxes (FUTA and SUTA) when you have employees. An employee is located in the state. You store your inventory or assets in the state.

eCommerce 82

eCommerce Sales Ohio Tucson 82

YoungUpstarts

OCTOBER 13, 2015

Secondly, if we are for example, launching our business venture in the United States, then we should think about where we should be incorporated, and there the best option is Delaware. Consequently, we should be paid employees of the company. Important to keep in mind: Working without pay is against the law and should not be done.

Delaware 100

Delaware Technical Review United States Vesting 100

Up and Running

OCTOBER 10, 2014

Leigh Ann Tona rolls through the Delaware streets in her “ I Don’t Give a Fork ” truck, which as the name implies specializes in food that does not require utensils. If this knowledge has your entrepreneurial spirit in high gear, we’ve got the tips and tricks to help you start selling must-eats from the streets.

Minneapolis 153

Minneapolis Delaware New York Florida 153

crowdSPRING Blog

FEBRUARY 4, 2019

Headquarters: Delaware. Founded by legendary advertiser Leo Burnett in 1935, the company now has 85 offices in 69 countries and more than 9,000 employees. It has over 2,100 employees spread across 22 offices in cities like London, San Francisco, Sao Paolo, Singapore, Tokyo, Melbourne, and Paris. courtesy of Happy Cog.

San Francisco 86

San Francisco Design New York City New York 86

ithacaVC

AUGUST 29, 2011

Let’s assume you want to raise some $$ from outside investors and/or that you think you might want to grant equity interests to employees in the future. Likely it will be a corporation set up in Delaware (typically referred to a DE corp). Any corporation requires shareholders and directors.

Delaware 49

Delaware Equity LLC Founder 49

YoungUpstarts

MARCH 30, 2020

Statutory workers’ compensation laws are particular to each state, but in general, businesses having employees that are not large enough to self-insure must carry workers’ comp insurance. The Number of Employees You Have Matters. In most states, if you have just one employee you must carry workers’ compensation insurance.

Rhode Island 147

Rhode Island South Dakota South Carolina North Dakota 147

Duct Tape Marketing

DECEMBER 27, 2011

It’s a lot like your brand, you can’t really hide it or fake it because ultimately is comes through in who you’re being, how the leadership team treats employees and customers, how you respond to adversity. Your commitment beliefs must become part of the story that employees share with each other, with customers and with new hires.

Delaware 61

Delaware Dividend Leadership Employee 61

Up and Running

JULY 29, 2015

For instance, the Delaware Brownfield Assistance Program offers funding for a small business that plans to develop environmentally distressed areas in the state. Applicants can receive up to $4,000 and must use the money for marketing, advertising, hiring employees, or expanding facilities. The state grants are also specific.

Angel Investor 60

Angel Investor Equity Small Business Delaware 60

abovethecrowd.com

NOVEMBER 28, 2022

Delaware law requires a board of directors, and these directors are tasked with a “fiduciary duty” to look after the best interest of the corporation. Founders, employees, and investors intent on disrupting the status quo start believing in a new reality even in the absence of empirical evidence or actual results. Just say no.

Venture Capital 113

Venture Capital Non-Compete Government Delaware 113

YoungUpstarts

OCTOBER 29, 2015

Many startups, limited by available resources, can’t afford to have a team of IT workers to update equipment – some groups may have a single individual taking care of these responsibilities, or count on an employee to take on these tasks in addition to other duties.

Hosting 100

Hosting Management SCRUM Delaware 100

online.wsj.com

SEPTEMBER 23, 2012

At its peak, in 2010, Goodmail had roughly 40 employees. Both studies counted only incorporated companies with employees. The company raised $45 million in venture capital from firms including DCM, Emergence Capital Partners and Bessemer Venture Partners, and built partnerships with AOL Inc., Comcast Corp., entrepreneurship.

Venture Capital 107

Venture Capital Software Review Rhode Island North Dakota 107

Scott Edward Walker

JULY 2, 2012

” [link] How Delaware Thrives as a Corporate Tax Haven – solid NYTimes article [link] Hiring first employees: “Don’t reach out to ANYONE until you learn how to tell your story really well.”

Delaware 49

Delaware Bootstrapping RSS Founder 49

VC Cafe

JUNE 7, 2010

Players located in any of the 12 states in the United States of America: Arizona, Arkansas, Delaware, Florida, Illinois, lowa, Louisiana, Maryland, Montana, Ohio, Tennessee and Vermont, are neither eligible to open an account with Dominoes Stars. Play4Skill is based in Haifa, Israel and has 12 employees.

Cyprus 74

Cyprus Louisiana Arkansas Vermont 74