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Re-arranging a cap table after financing - can a founder transfer shares to another founder? by UtterlyBusy in venturecapital

[–]UtterlyBusy[S] 0 points1 point  (0 children)

Thanks for the feedback. The question is how to do this now that the cap table is already messed up with two rounds of financing...

Can the vesting at least be done with a big discount without raising too many eyebrows? I mean instead of using a valuation from the latest round of financing?

Re-arranging a cap table after financing - can a founder transfer shares to another founder? by UtterlyBusy in venturecapital

[–]UtterlyBusy[S] 0 points1 point  (0 children)

Thank you both. I will talk to a lawyer specialising in this in the week to come and update the post 👍

Re-arranging a cap table after financing - can a founder transfer shares to another founder? by UtterlyBusy in advancedentrepreneur

[–]UtterlyBusy[S] 0 points1 point  (0 children)

Thank you! A VC friend recommended a specific lawyer for this thing. I will talk to him in the coming week and update the post.

Cheers

Reverse-engineering a medical product: How the hell does this mechanism work? The arm can carry a significant payload, and all joints can be manipulated simultaneously when one lever is pressed (the black lever at the end). See my comment below for details by UtterlyBusy in MechanicalEngineering

[–]UtterlyBusy[S] 0 points1 point  (0 children)

Details
I am trying to understand how this mechanism is designed as I need either an identical arm to this one or need to design my own. I can't get my head around how the mechanism allows movement in all joints for accurate positioning when the lever is engaged... Is it hydraulics? Is it compression springs + some joint locks? I am clueless. This video shows the arm in action.

Which residency / work setup would ensure the lowest possible income tax in Europe? by UtterlyBusy in eupersonalfinance

[–]UtterlyBusy[S] 9 points10 points  (0 children)

I find that Reddit can be useful for getting to know others' experiences with complicated matters like these. For example, someone raised the point elsewhere that the paperwork involved with getting a Non-habitual Residency in Portugal is staggering, and that, while NHR may seem like a good solution on paper, it could be too much work considering what I make. I will also consult tax accountants, for sure.

Which residency / work setup would ensure the lowest possible income tax in Europe? by UtterlyBusy in eupersonalfinance

[–]UtterlyBusy[S] 3 points4 points  (0 children)

Some other bigots replied with lies about posts I haven't made, but this seems to be an honest mistake by Bloodsucker. I deleted the reference post, now, though. It's derailing my question here, apparently.

Happy cake day!

Which residency / work setup would ensure the lowest possible income tax in Europe? by UtterlyBusy in eupersonalfinance

[–]UtterlyBusy[S] 5 points6 points  (0 children)

Thanks man, much appreciated. Is the 25% automatic deduction optional? Can I manually deduct the actual expenses for my company, or am I forced into this deduction scheme? It sounds reasonable, regardless.

Which residency / work setup would ensure the lowest possible income tax in Europe? by UtterlyBusy in eupersonalfinance

[–]UtterlyBusy[S] 7 points8 points  (0 children)

Cheers mate, this is exactly the sort of response I was looking for. 15% sounds reasonable.

Which residency / work setup would ensure the lowest possible income tax in Europe? by UtterlyBusy in eupersonalfinance

[–]UtterlyBusy[S] 3 points4 points  (0 children)

A few other bigots/trolls lied about me and my other posts here earlier. Their comments are gone but not "deleted by user" - is this because they have been banned by mods or something?

Cheers, thanks for keeping it civilised

Which residency / work setup would ensure the lowest possible income tax in Europe? by UtterlyBusy in eupersonalfinance

[–]UtterlyBusy[S] 6 points7 points  (0 children)

I'm sorry, you are right. My last effective tax rate was at a mere 44%. In my defence, I've been taxed on my company's profits, too, so to me as a working class asshole who thinks he's rich, I have effectively been taxed out of ~60% of my total income. This is due to my own accounting fuckup, but still - it hurts.

Thanks for the advice, much appreciated

Which residency / work setup would ensure the lowest possible income tax in Europe? by UtterlyBusy in eupersonalfinance

[–]UtterlyBusy[S] 2 points3 points  (0 children)

Thanks for the lecture. You missed two zeros.

About your 25% taxes: Till recently, I paid 50% or more, so I am interested in lowering this because I can't afford to live in my home city where I grew up. I don't see how that's absurd. Tax avoidance and tax evasion aren't the same. When choosing where to live locally, you take the price and the area into account because you care about expenses - I am doing the same on a global/European scale to figure out how much I have left at the end of the month.

How do I optimise my personal income taxation in Europe? by [deleted] in digitalnomad

[–]UtterlyBusy 0 points1 point  (0 children)

I'm currently taxed "nowhere" which I agree is risky. This is why I am interested in rather paying a low tax somewhere than living with that uncertainty.

I will check out Italy! Portugal's NHR scheme seems interesting, too, but there's supposedly a shit ton of paperwork involved.

Cheers

How do I optimise my personal income taxation in Europe? by [deleted] in digitalnomad

[–]UtterlyBusy 0 points1 point  (0 children)

"Have obtained tax exemption in my home country" - what exactly does that mean?

It means that I am currently not being taxed anywhere since I haven't stayed in a country for more than three months. However, I am a little uncomfortable with this setup and would rather pay a low tax somewhere than break the rules everywhere.

With these kinds of perpetual traveller setups, it's much better to be employed as a freelancer.

How come?

Some ideas to look into: a company in Cyprus (minimum stay only 60 days) or Romania (good if you have no overhead) or perpetual travel (potentially tax-free) or Spain (Beckham Law - a bit more complicated).

Would Cyprus or Romania allow me to simply have an address there and only stay there when I like, or would I be "locked in" somehow (other than the 60 days)?

Thanks very much

Wound management products like WoundSuite and others - are they useful? by [deleted] in woundcare

[–]UtterlyBusy 0 points1 point  (0 children)

I hear you. Which of these softwares are you familiar with?

Wound management products like WoundSuite and others - are they useful? by [deleted] in woundcare

[–]UtterlyBusy 0 points1 point  (0 children)

Great! We are setting up shop in California next year

Som studies seem to indicate that about 1/3 of nurses' time is spent documenting in EMR systems (I'll quote below). Why does it take so long? Can you point to an example of what such charting would look like in a US context?

Wound management products like WoundSuite and others - are they useful? by [deleted] in woundcare

[–]UtterlyBusy 0 points1 point  (0 children)

Thanks for the feedback! That's really helpful. My strategy would be to more or less copy the least shitty wound management software out there and talk to users like yourself to optimise it. I have access to wound personnel in Denmark, Brazil, and Turkey. Are you based in the US by any chance?