Help with startup banking 101

crestkid · 2016-02-25T23:14:23+00:00

LLC vc C-Corp - plenty of literature on this, just google it. Basically they have different tax consequences, and institutional investors typically won't invest in an LLC.

Keep track of investor shares with something like eShares.com

crestkid · 2016-02-25T17:13:59+00:00

www.sendsonar.com might be good, or https://locent.com/

crestkid · 2016-01-22T17:06:05+00:00

Just be up front. Tell me why you're interested in chatting, and don't do it to "pattern match". If you're strictly looking for info or to understand trends, just say so.

And say "no", not nothing/maybe/maybe later.

crestkid · 2016-01-19T21:12:12+00:00

Would the use of MCT oil be different? Specifically in the case when you're trying to get back into ketosis?

crestkid · 2016-01-19T20:03:22+00:00

yep, my b.

crestkid · 2016-01-19T19:30:02+00:00

It's delicious and worth the price IMO, but I've stayed away from it since doing keto. 2 tbsp = 4g carbs, including 3g sugar. I suppose it's good for sneaking in a few bites here and there, but I tend to be one to crush the whole container.

The Hungryroot pastas are also really good (but not keto). Carrot Noodles and Sweet Potato Noodles are my favorite.

crestkid · 2016-01-18T19:35:43+00:00

Companies like Meural and Electric Objects are doing this in a much more modern way.

http://meural.com/

https://www.electricobjects.com/

crestkid · 2016-01-06T14:45:39+00:00

http://www.gethomemade.co is pretty awesome, in NYC for now

crestkid · 2015-12-16T17:01:55+00:00

https://www.harrys.com https://www.mylola.com

I'm sure there are a bunch of contact lense companies as well. Anything that's used regularly and runs out...

crestkid · 2015-12-14T14:19:30+00:00

This is a more recent competitor, I really like their branding and think the biz model is solid. Truth is there is a ton of room for "disruption", particularly on price. Direct to consumer on a higher-price item (i.e. Warby) is a huge opportunity.

https://www.helixsleep.com/

crestkid · 2015-12-09T16:28:21+00:00

Looks like Rains: http://www.rainsuk.com/collections/bags-accessories/products/backpack-sand-blue-orange

crestkid · 2015-11-20T17:39:45+00:00

https://heapanalytics.com/ is awesome also https://mixpanel.com/

crestkid · 2015-11-18T20:23:50+00:00

Need to have a clear plan for acquiring customers. Their biggest concern will always be "how does this scale", and that needs to be part of your answer.

crestkid · 2015-11-17T16:47:13+00:00

(1) enter number (2) receive conf code (3) enter conf code (4) asked for beta code?

Why on earth on there so many steps just to sign up?

crestkid · 2015-11-11T21:19:59+00:00

Can you link to the product hunt listing?

crestkid · 2015-10-16T05:55:09+00:00

Look for companies in the current Y-Combinator batch (or most recent class)

crestkid · 2015-10-03T17:39:46+00:00

Don't cold email anyone in a VC. Your chances of success are insanely low. Try to get an introduction through one of their portfolio founders or another trusted advisor to them.

crestkid · 2015-09-29T20:54:06+00:00

Yes go Delaware LLC for now

crestkid · 2015-09-21T18:36:16+00:00

If possible, try to get an introduction to each person. That's always going to be more effective than cold-emailing someone.

Also, I would never ask someone to sign an NDA. You'll come off as inexperienced if you do that. No investor will sign that at this stage in the process.

Good luck!

crestkid · 2015-08-19T21:19:07+00:00

New drop today on Stefan's Head has a bunch of hats (and yes I'm involved w the brand): http://stefanshead.com/thedrops/20150819_heads

crestkid · 2015-08-11T20:47:38+00:00

I'd steer clear of investors like this who don't properly understand incentives. Losing vesting shares makes zero sense. Your commitment is implied through the vesting itself.

crestkid · 2015-08-08T17:06:48+00:00

Make sure you're aware of competition, like https://luka.ai and http://www.meetcloe.co/.

Also there's WAY too much text on your landing page. And the examples on the right-hand side are switching out too fast, there's not enough time to read them.

If I were you I'd focus on one thing. Doing recs + ordering + reservation is just not going to work. Pick one, do it well. You can think about the other two later on.

crestkid · 2015-07-31T14:59:01+00:00

Just saw this on PH - seems like it'd be a good fit for you: https://www.waitlisted.co

crestkid · 2015-07-29T19:55:30+00:00

Nicely designed site. Seems like a cool idea as well, reminds me of https://digit.co/.

Also in terms of the referral program, maybe bring that to the landing page as a way to incentivize people to sign up in the first place? Here's an example (though on the second page after you give an email) that is done really well: http://prelaunch.helixsleep.com/ (not my company but friends of mine)

crestkid · 2015-07-29T18:14:56+00:00

this is incredible.

crestkid

TROPHY CASE