Kruze Consulting Blog: Expert Startup Accounting Advice

KRUZE CONSULTING

Accounting, Finance, HR and Tax for Startups


Hi! I'm Vanessa Kruze, CPA and I founded Kruze Consulting in 2012. Our firm handles all things Accounting, Finance, HR and Tax for over 165 startups. We love what we do! Working with so many startups helps us learn faster and spot trends in the startup ecosystem earlier. This blog shares our insights with the entire startup community. Let’s be successful together!


Kruze Consulting’s Role in Placing Venture Debt

img description

 Posted on Fri, 09 Feb 2018 by lucilaromero

All of our clients know to call us but there's a lot of people out there or a lot of startups that don't know that we do this on an ad hoc basis.

Venture Debt Scouting Report: Bridge Bank

img description

 Posted on Fri, 09 Feb 2018 by lucilaromero

Bridge Bank has been a venture lender for a long time, but they used to be a much smaller bank. Recently they were acquired by a large bank, so their balance sheet is really big so they can do much bigger deals.

Venture Debt Scouting Report: City National Bank

img description

 Posted on Fri, 09 Feb 2018 by lucilaromero

City National Bank is a great group to work with. They're led by Rod Werner, who's the consummate Silicon Valley deal-maker.

Venture Debt Scouting Report: Comerica

img description

 Posted on Fri, 09 Feb 2018 by lucilaromero

Comerica is a huge venture lending firm, they've been doing it for a very long time, dating all the way back to when they acquired Imperial Bank.

Venture Debt Scouting Report: Square One Bank

img description

 Posted on Fri, 09 Feb 2018 by lucilaromero

This is your scouting report for Square 1 Bank and their venture debt services.

Why Do Startups Need a 409 Evaluation

img description

 Posted on Fri, 09 Feb 2018 by lucilaromero

The IRS wants you to have a 409A valuation so they can make sure that your common stock options have the appropriate strike price.

California Statement of Information

img description

 Posted on Tue, 06 Feb 2018 by lucilaromero

There are three really important things to think about when you're considering filing a California Statements of Information.

California Franchise Tax

img description

 Posted on Tue, 06 Feb 2018 by lucilaromero

There are three really important things to keep in mind when you're thinking about California Franchise Tax, so let's go ahead and go over them.

Delaware Franchise Tax

img description

 Posted on Tue, 06 Feb 2018 by lucilaromero

There are three really important things that you need to keep in mind when you're filing Delaware franchise tax.

Venture Debt Pre-Payment Penalty

img description

 Posted on Tue, 06 Feb 2018 by lucilaromero

Pre-payment means that you're going to pay back your loan early. You know, typically, when a venture lender makes a deal, they project out the total interest they're going to capture over the life of the loan, and that's their return.

VC Liquidation Preferences

img description

 Posted on Tue, 06 Feb 2018 by lucilaromero

For those who don't know, a liquidation preference gives a venture capitalist the right to get their money back before other shareholders.

Venture Debt Scouting Report: Triplepoint

img description

 Posted on Tue, 06 Feb 2018 by lucilaromero

Triplepoint's a very large fund, a very aggressive lender in the venture debt marketplace.

Venture Debt Scouting Report: WTI

img description

 Posted on Tue, 06 Feb 2018 by lucilaromero

WTI has been around for I think about 30 years. They're one of the major players in the VentureNet market, and they specialize in doing very large deals and very flexible deals.

Venture Debt Scouting Report: SVB

img description

 Posted on Tue, 06 Feb 2018 by lucilaromero

SVB is one of the largest players in the venture debt market. They've been servicing start-ups for many, many years.

1099 IRS Forms

img description

 Posted on Tue, 06 Feb 2018 by lucilaromero

1099s are an IRS form that you've got to get out to your contractors by January 31st.