Latest Posts
Should founders accrue payroll before VC funding?
This particular scenario has happened in startups. You’ve started a company. You were used to getting a regular paycheck at your previous job, but right now there’s no money to pay yourself, but hopefully there will when you get funded. And at that point, you feel that you could “reimburse” yourself for all the paychecks you missed.
Published on Sun, 10 March 2024
What is Founder Preferred Stock?
Founder preferred stock is a pretty new thing in the startup game. Historically, founders would always get common stock, usually in the form of founder shares that they received early on.
Published on Sun, 25 February 2024
How Do Founders Make Money?
Making money is important; it's part of the startup journey and, especially for founders, you are taking a lot of big risks by starting a company from scratch.
Published on Wed, 21 February 2024
When Fundraising Should You Practice With Less Desirable VCs?
A piece of advice that we hear being given out a lot in the startup world is that, when your startup is fundraising, you should fine-tune your pitch by approaching less desirable or non-target venture capitalists first.
Published on Sun, 11 February 2024
Are Term Sheets Legally Binding?
Term sheets can be a little bit of a gray area in the venture capital/startup world since certain elements, such as the confidentiality agreement, are legally binding.
Published on Sun, 4 February 2024
What Does the VP of Ops or COO At a Startup Do?
Scott Orn answers the question 'what does the VP of Ops or COO at a startup do' with a breakdown of their roles and their responsibilities.
Published on Fri, 2 February 2024
Downround Guide: Understanding, Mitigating, and Navigating
Downrounds are happening and more as the startup ecosystem is grapples with the aftermath of the 2021 VC bubble and a depressed tech stock market. Here is a practical guide on how to deal with one.
Published on Wed, 31 January 2024
New R&D Tax Legislation: What Startups and VCs need to know
Congress is working on a tax package (called the Smith/Wyden tax package) that could revive key tax provisions, including the deductibility of research and development expenses.
Published on Tue, 23 January 2024
Why Revenue Visibility Matters for Startups
We always encourage revenue visibility to startup founders and it matters for a couple of big reasons, both inside and outside of the company.
Published on Sun, 21 January 2024
What Startup's Accounts on the Balance Sheet Need to be Reconciled
The punch line here is that every single account on the balance sheet needs to be reconciled, not just the bank and the credit cards.
Published on Mon, 15 January 2024
What Data Should Startups Track When You Sign a New Customer?
There are some pieces of information startups should absolutely track when signing a new customer contract.
Published on Sun, 14 January 2024
83(b) Election - What to File and When?
Make sure that your company gets a favorable tax rate. Learn about the 83(b) election for shareholders as well as how and when to file. Read more.
Published on Tue, 9 January 2024
Series A Financing in 2023 and 2024
It's become more difficult for startups to raise a Series A. Here is data behind what it takes to get a round done in 2024.
Published on Mon, 8 January 2024
What Happens to Venture Debt in a Downround?
When a startup goes through a downround, things can be very painful. Typically a downround will impact the founders a lot more than the venture capital investors , but if your startup has venture debt then things could become even more difficult. So what happens to venture debt when a startup goes through a downround, and what can you do at your company to work through that happening?
Published on Sun, 7 January 2024
Why Do Startups Need a 409 Evaluation
The IRS wants you to have a 409A valuation so they can make sure that your common stock options have the appropriate strike price.
Published on Thu, 4 January 2024
