Thoughts on startups by investors that
fund them & entrepreneurs that run them

Blog Archives

Raising Capital as a First Time Founder

A year ago, in mid September 2014, I walked out of a Starbucks in San Francisco with the very first check from an angel investor for Glassbreakers. Though it was only $5,000, it was enough to prove to myself and my co-founder, Lauren Mosenthal, that we could actually fundraise for our startup. We already had 1,000 women signed

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Incorporate before pitching to VC’s?

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. That is, if all you have is a good idea, the reality is that you

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Nickel-and-Dimed to Life: Franchise Tax, Registered Agents and Filing Fees

Early stage startups understandably seek to minimize corporate overhead and devote every penny to customer development, engineering, marketing and so forth. Nevertheless, if you want or need the benefits of a business entity such as a corporation or LLC, there are some unavoidable expenses associated with their “care and feeding.” (Legal expenses are outside the scope of this post; my

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Heart-Attack Tax Season for Delaware Startups

It’s that time of year again:  Tax season.  In addition to the headache of personal income taxes, entrepreneurs have to deal with business taxes.  Around this time each year, as sure as the sunrise, I get calls and messages from irate founders of new startups who received franchise tax bills from the State of Delaware for an insane amount like

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