andrew_gust

6 ms·

1.
by andrew_gust 8y ago
the overall trends we saw in the data reflected how investors really think about startups, which is based on risk. the more progress you can show with the funds you've used so far, the less risky your startup will look to investors.
2.
Data: 6000 startups' business performance compared to fundraising success(gust.com)
26 points by andrew_gust 8y ago|3 comments
3.
How the new US tax laws affect high-growth startups(gust.com)
16 points by andrew_gust 9y ago|0 comments
4.
How strongDM used early sales signals to build their product roadmap(gust.com)
8 points by andrew_gust 9y ago|0 comments
5.
How skipping NDAs and contracts cost this founder $30k at acquisition time(gust.com)
13 points by andrew_gust 9y ago|0 comments
6.
How and why to thoroughly read every single contract your startup signs(gust.com)
11 points by andrew_gust 9y ago|0 comments
7.
Wondering why investors rarely fund LLCs? Angel investor David S. Rose explains(gust.com)
11 points by andrew_gust 9y ago|0 comments
8.
How to use IP law effectively to protect your startup and maximize value(launch.gust.com)
13 points by andrew_gust 9y ago|0 comments
9.
This is why (most) startup founders should file an 83(b) election(launch.gust.com)
14 points by andrew_gust 9y ago|0 comments
10.
Compensating contractors with equity? How to value your pre-seed startup's stock(launch.gust.com)
16 points by andrew_gust 9y ago|1 comments
11.
A (relatively) complete guide to every kind of legal hurdle a startup will face(launch.gust.com)
28 points by andrew_gust 9y ago|1 comments
12.
by andrew_gust 9y ago
Hah, definitely true. Even without the Uber approach, though, many people just use 1099s at inappropriate times because it seems like a way to avoid paperwork.
13.
Misclassifying employees as contractors: why the risks outweigh the savings(launch.gust.com)
10 points by andrew_gust 9y ago|2 comments
14.
Definitely not 50/50: (free) Co-founder Equity Split and venture/team analysis(cofounders.gust.com)
12 points by andrew_gust 9y ago|0 comments
15.
Startup lawyer Gil Silberman explains the company formation process(launch.gust.com)
10 points by andrew_gust 9y ago|0 comments
16.
Six questions to ask a startup lawyer before you hire them(launch.gust.com)
7 points by andrew_gust 9y ago|1 comments
17.
What's the difference between accounting and bookkeeping? Which do startups need?(launch.gust.com)
11 points by andrew_gust 9y ago|0 comments
18.
Why “double taxation” doesn't make S-Corps/LLCs better than C-Corps for startups(launch.gust.com)
8 points by andrew_gust 9y ago|0 comments
19.
Who owns your startup? An easy (but thorough) intro to startup equity(launch.gust.com)
5 points by andrew_gust 9y ago|0 comments
20.
Why all startups still need lawyers, even in the age of automation(launch.gust.com)
1 points by andrew_gust 9y ago|0 comments
21.
When is it time to incorporate your startup?(launch.gust.com)
1 points by andrew_gust 9y ago|0 comments
22.
by andrew_gust 10y ago
Gust Launch, which is the product attached to this blog post, makes it extremely easy and quick to file as a Delaware C-Corp and set up the company, then follows it up with bookkeeping/accounting, equity management, and, yes, tax suppo
23.
by andrew_gust 10y ago
Sure, but there isn't an out-of-the-box mechanism to do that. You have to create a way to grant equity, which means you'll need to pay a lawyer—and hourly rates add up quick.
24.
by andrew_gust 10y ago
If they don't want to grant equity or take investment, sure. But doing one of those two things means the legal costs of starting with an LLC (which aren't standardized) substantially outweigh any tax savings, and almost no startup
25.
by andrew_gust 10y ago
The subscription cost isn't for the incorporation and formation. Being a Delaware C-Corp is just a prerequisite for users, so we include it as the first step.
26.
by andrew_gust 10y ago
Absolutely! For many kinds of businesses, LLCs make sense, but this post is specifically about startups.
27.
by andrew_gust 10y ago
Figured it was obvious from the username, but I'll put it in my profile as well. Sorry if that was confusing!
28.
by andrew_gust 10y ago
This is exactly the part of the process that the first iteration of Gust Launch solved. All the paperwork for incorporation and company formation are streamlined and pretty easy to fill out, and included in the monthly cost. So conversion i
29.
by andrew_gust 10y ago
It's actually pretty easy and the difference in cost between LLC and C-Corp isn't substantial (if you use Gust Launch it's all included in the $199-$239 monthly) but either way, since the double-taxation mostly doesn’t apply
30.
by andrew_gust 10y ago
The post addresses this, but double-taxation doesn't usually apply very much to early-stage high-growth startups—most high-growth startups spend their positive cashflows for growth and thus don’t have any positive net income to pay tax

More ›