Brett - that is a fair point. I will try to avoid such usage.
I completely agree with you that most VC firms have very few successful IPOs. Is it really harder to make something people want than it is to generate revenues once you have? It's easy for you to find a few examples,…
I'm claiming that you can't pretend that your goal is an IPO when that's not even realistic. It's faking a dilemma when the only real exit opportunity for YC companies is through an early acquisition for…
Proper use of the English language might help you make your argument which is rather convoluted and weak. It's fair to be a Devil's advocate to serve two functions: 1. Limit hype 2. Hope that the intelligent folks on…
One more reason to stay a subchapter S Corporation if you don't need to raise VC money: - There is a special election you can make when you sell the company that allows you to sell the assets instead of the equity which…
Many of your comments have a similar level of content. Hypocrisy doesn't help you win arguments.
Paul, it's funny how you choose to pick out areas to attack while you totally ignore my arguments in other areas. It really fascinates me how you just ignore certain arguments conveniently. As to your response, to IPO a…
You're most welcome. The best entrepreneur's legal guide is called "Entrepreneur's Guide to Business Law" published by Thompson / West Law written by Bagley and Dauchy. I bought it when I was doing my first start-up and…
That's convenient of you to pull out one phrase from a larger argument. I would think your behavior is more indicative of trolling than mine is. The entire thread was making fun of "Clown CO." and not really providing…
Someone.
I think you need to consider the difference between trolling and someone who is trying to actually bring up opposing viewpoints. I suppose if you like going unchallenged and having your word taken as gospel, then you…
"What could be simpler?" The evaluation of your criteria is probably impossible. It's far from simple.
Why not a subchapter S if you wanted to keep costs down?
Thanks. I appreciate your candid feedback. If you look at most of my posts, I'm trying to be helpful in guiding other entrepreneurs (e.g. LLCs vs. S Corps vs. C Corps).
The reason most attorneys advise Delaware is that the precedents are strongest there. Furthermore, it makes long-term legal costs lower because most corporate lawyers are familiar with Delaware's nuances. All…
The sample I'm looking at is the sample of what's out there. "Most" implies over 50%. You've mentioned 4 companies out of over 30. I'd appreciate a clear listing showing the revenues of these companies and their…
It's interesting that fanboy posts which have no logic or intelligence are perfectly acceptable but when someone who says something negative comes along, the question of "banning" users comes up. That doesn't sound very…
Pwned: http://techdumpster.com/2007/08/10/anywherefm-going-nowheref...
Almost none of them have a revenue model. PG won't take me up because his goal is just to flip them. The "revenue model" is known as "acquisition".
By that measure almost every single Y Combinator company would be doomed.
No, you said it is "doomed". If your definition of doomed means that they are not going to be the #1 video sharing site on the internet, that's a pretty interesting definition of doomed. That definition would make the…
It won't be a YouTube killer but this could be an intelligent strategic move to segregate their own assets and block them from YouTube. YouTube survives because most media companies don't have the balls to protect their…
If this person actually had a good college education they'd understand the concept of opportunity cost. The more well educated you are, the higher your opportunity cost. Having a top college in your pocket can also help…
Or not. This could be a disaster for them given that people like Friedman actually have a relatively loyal following. Going free is not the answer to everything.
This is exactly why you don't move out to Silicon Valley. Build your start-up, get out, and enjoy your life. You might even have something left to give to charity. In Silicon Valley you'll blow your money on a huge…
Brett - that is a fair point. I will try to avoid such usage.
I completely agree with you that most VC firms have very few successful IPOs. Is it really harder to make something people want than it is to generate revenues once you have? It's easy for you to find a few examples,…
I'm claiming that you can't pretend that your goal is an IPO when that's not even realistic. It's faking a dilemma when the only real exit opportunity for YC companies is through an early acquisition for…
Proper use of the English language might help you make your argument which is rather convoluted and weak. It's fair to be a Devil's advocate to serve two functions: 1. Limit hype 2. Hope that the intelligent folks on…
One more reason to stay a subchapter S Corporation if you don't need to raise VC money: - There is a special election you can make when you sell the company that allows you to sell the assets instead of the equity which…
Many of your comments have a similar level of content. Hypocrisy doesn't help you win arguments.
Paul, it's funny how you choose to pick out areas to attack while you totally ignore my arguments in other areas. It really fascinates me how you just ignore certain arguments conveniently. As to your response, to IPO a…
You're most welcome. The best entrepreneur's legal guide is called "Entrepreneur's Guide to Business Law" published by Thompson / West Law written by Bagley and Dauchy. I bought it when I was doing my first start-up and…
That's convenient of you to pull out one phrase from a larger argument. I would think your behavior is more indicative of trolling than mine is. The entire thread was making fun of "Clown CO." and not really providing…
Someone.
I think you need to consider the difference between trolling and someone who is trying to actually bring up opposing viewpoints. I suppose if you like going unchallenged and having your word taken as gospel, then you…
"What could be simpler?" The evaluation of your criteria is probably impossible. It's far from simple.
Why not a subchapter S if you wanted to keep costs down?
Thanks. I appreciate your candid feedback. If you look at most of my posts, I'm trying to be helpful in guiding other entrepreneurs (e.g. LLCs vs. S Corps vs. C Corps).
The reason most attorneys advise Delaware is that the precedents are strongest there. Furthermore, it makes long-term legal costs lower because most corporate lawyers are familiar with Delaware's nuances. All…
The sample I'm looking at is the sample of what's out there. "Most" implies over 50%. You've mentioned 4 companies out of over 30. I'd appreciate a clear listing showing the revenues of these companies and their…
It's interesting that fanboy posts which have no logic or intelligence are perfectly acceptable but when someone who says something negative comes along, the question of "banning" users comes up. That doesn't sound very…
Pwned: http://techdumpster.com/2007/08/10/anywherefm-going-nowheref...
Almost none of them have a revenue model. PG won't take me up because his goal is just to flip them. The "revenue model" is known as "acquisition".
By that measure almost every single Y Combinator company would be doomed.
No, you said it is "doomed". If your definition of doomed means that they are not going to be the #1 video sharing site on the internet, that's a pretty interesting definition of doomed. That definition would make the…
It won't be a YouTube killer but this could be an intelligent strategic move to segregate their own assets and block them from YouTube. YouTube survives because most media companies don't have the balls to protect their…
If this person actually had a good college education they'd understand the concept of opportunity cost. The more well educated you are, the higher your opportunity cost. Having a top college in your pocket can also help…
Or not. This could be a disaster for them given that people like Friedman actually have a relatively loyal following. Going free is not the answer to everything.
This is exactly why you don't move out to Silicon Valley. Build your start-up, get out, and enjoy your life. You might even have something left to give to charity. In Silicon Valley you'll blow your money on a huge…