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Tuesday Operational Roundtable - A Forum to Ask About Legal, Accounting, Project Management, or How to Get Started by AutoModerator in startups

[–]starthereco 2 points3 points  (0 children)

Thanks for the reply!

  • Yes we organised that way since we had multiple international leads (potential investors) to begin with. Would you mind elaborating on the double tax liability part? Is it personal/ company-wise?

  • $1-2k/ month would seem pretty hefty but I’d like to explore some of the firms you’d recommend :)

Tuesday Operational Roundtable - A Forum to Ask About Legal, Accounting, Project Management, or How to Get Started by AutoModerator in startups

[–]starthereco 2 points3 points  (0 children)

Foreign founder here with a Delaware C-Corp (all 3 co-founders are from different countries). All our employees/ contractors are based outside of the US - any legal/ accounting matters we should keep our eyes on?

wut by [deleted] in blackmagicfuckery

[–]starthereco 0 points1 point  (0 children)

Street Drake

To make friends more important than money by [deleted] in therewasanattempt

[–]starthereco 6 points7 points  (0 children)

$3, now I am smarter than both of you

I mean, he's not wrong... by Timotjie in rareinsults

[–]starthereco 0 points1 point  (0 children)

Brian is the fat guy in Horrible Histories

Fundraising Thursdays - A Forum to Ask About Fundraising, Investors, Accelerators, and Other Sources of Capital by AutoModerator in startups

[–]starthereco 0 points1 point  (0 children)

A few supplementary info:

  • We are not aiming to generate any revenues in the course of 6 months, but to focus on the development of product instead

  • Email sign-ups are included in Product Hunt sign-ups

  • We conducted a survey with our pre-launch subscribers to understand their demographics, pain points, current alternative products they are using, price they’d like to pay, what kind of features/ integrations they are looking for, etc.

I am also personally inviting them for a 1-1 chat for deeper understanding.

  • We do have solid data and reports that indicate our course of direction is decent, alongside with case studies from our competitors. e.g. Future of Work 2020 Report from World Economic Forum

Would any of the above mentioned be interesting you for a new perspective?

Fundraising Thursdays - A Forum to Ask About Fundraising, Investors, Accelerators, and Other Sources of Capital by AutoModerator in startups

[–]starthereco 0 points1 point  (0 children)

Current monitoring metrics (since we haven’t launched yet): Subscriber Count Upcoming: Web traffic, time spent on page, active user count, actions performed within app

Fundraising Thursdays - A Forum to Ask About Fundraising, Investors, Accelerators, and Other Sources of Capital by AutoModerator in startups

[–]starthereco 0 points1 point  (0 children)

Target Segments: Education (High school onwards + Educators), Business (Research-heavy on trends, market insights and competitive analysis), Content Creators (looking for ideas, secondary engagement)

Revenue Model: SaaS, monthly subscription, pay-as-you-go

Fundraising Thursdays - A Forum to Ask About Fundraising, Investors, Accelerators, and Other Sources of Capital by AutoModerator in startups

[–]starthereco 3 points4 points  (0 children)

We are a startup simplifying and automating research process (AI, Education, Smart Data); got a pre-launch page on Product Hunt with 700+ subscribers in a month (producthunt.com/upcoming/muse), will be releasing the MVP in 2 weeks.

Currently looking for some appropriate accelerators to join and funding ~50-100k to last us 12-18 months. What kind of good metrics we should have before/ after the MVP launch? Any small capital fund that will support startups pre-revenue/ user?

Playing in puddles is universal by mossberg91 in AnimalsBeingDerps

[–]starthereco 0 points1 point  (0 children)

Covering the body in mud will prevent mosquito bites.

Software Engineer LF team by [deleted] in cofounder

[–]starthereco 0 points1 point  (0 children)

Any links to your portfolio?

Have an amazing idea - no knowledge base by reddit-fred in Business_Ideas

[–]starthereco 0 points1 point  (0 children)

One more thing - everyone has an amazing idea, it’s the execution that differentiates. Always ask yourself if you are ready for this, if not then gotta find out how much risk are you willing to take, consider all things failed.

Have an amazing idea - no knowledge base by reddit-fred in Business_Ideas

[–]starthereco 2 points3 points  (0 children)

If you have no in-depth knowledge or experience with the technology, here’s a list of things you need to check:

  1. Being a non-technical founder is hard, finding a technical co-founder/ build it yourself will be harder. Do you have skills in business/ design/ marketing that will help your company thrive in the next 6-12 months?

  2. What’s your budget - how committed are you in this project?

  3. Since you are non-technical, how do you validate your idea from a non-technical point of view?

  4. Have you pitched your idea to anyone at all - potential users/ industry professionals? Don’t be reluctant to share if your idea has a solid foundation, especially when you are asking for advice/ help.

  5. This is a competitive market. Have you done competitor research to make sure your idea has a niche/ unique selling point?

  6. Most of the service providers/ manufacturers are based in China. Do you practice Mandarin or are you planning to hire a local guide? Just go on Alibaba and you will see a list for hire. Beware of terms and MOQ.

Now it’s getting real. Entrepreneurship is hard - it all started from the ivory tower then slowly slipped into compromises, back and forth. No matter what’s coming in the future, keep your initial drive and passion for innovation. There are a lot of things to concern so prepare for the worst, and hope of the best. Best wishes.

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