Category: Forming a Company (Page 2 of 3)

Perfecting Your Investor Pitch

Bill Reichert

Bill Reichert

by Bill Reichert at Garage Technology Ventures

Endless articles, books, and blogs have been written on the topic of business plan presentations and pitching to investors. In spite of this wealth of advice, almost every entrepreneur gets it wrong. Why? Because most guides to pitching your company miss the central point: The purpose of your pitch is to sell, not to teach. Your job is to excite, not to educate. Read More...

Startup Company Forms

Richard Hsu

Richard Hsu

by Richard Hsu at One Page Blog

My former Venture Law Group colleague and Harvard Law School graduate, Jeff Thomas, has been teaching entrepreneurship courses in various law and business programs. He formed his own company CrazyBrains LLC with the goal of helping entrepreneurs by open sourcing startup corporate forms. Here is his nicely put together one-pager. Read More...

How much equity should I grant to a crucial programmer?

QUESTION:

I’m starting a Web service with two partners. I am Partner A and bring x to the table. Partner B brings y to the table. (The nature of x and y aren’t important for purposes of this question.) Partner C is our tech person and programmer. He’s an invaluable resource — years in the industry, past CTO of a successful internet company, etc. We’re lucky to have him aboard.

We’re going to launch this business out of our own pockets, i..e, there’ll be no compensation for anyone until sales start coming in. Read More...

Does it make sense to set up an LLC or S-Corp for my startup?

QUESTION:

I would like to incorporate a value-added engineering software reseller business. It would be a Pennsylvania based company of about 15-25 employees working out of their home offices (no corporate office). The business involves sales representatives and technical employees delivering on-site training, demonstrations, and technical support.  Would it make more sense to set up an LLC or an S-Corp?

ANSWER: Read More...

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