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visits member for 1 year, 7 months
seen Nov 21 '11 at 1:21
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Serial Entrepreneur, CEO, Programmer (Java, C/C++, Perl), Runner, Tai Kwon Do Orange Belt, Maker, Tabletop RPG player & GM.

Educational Credentials: BS, MS Physics, MBA


Oct
3
awarded  Yearling
Dec
8
awarded  Revival
Oct
18
answered How important is business insurance?
Oct
12
answered Choosing a business structure for an online electronics store
Oct
11
answered How Much Work Is Too Much Work?
Oct
11
answered Negotiating a licensing deal for my iOS app
Oct
10
answered How to get products on the market quickly and cheap?
Oct
10
answered Who owns this product?
Oct
7
answered Compensation for early startup employee - what is the right balance?
Oct
7
comment Elevator pitch by email
With respect, if there were a formula for not sounding spammy, then spammers would use it. Still, you can use the principles above in an e-mail to this person, but make it personally addressed, and show immediately that you've done your homework by putting what you're offering in the context of their business.
Oct
7
comment How much money to spend on successful advertising?
Yes, essentially start with a smaller initial campaign so that you can measure what is actually working and get valuable feedback that can make a world of difference in adjusting your product AND message. The growth rate can be fast or slow afterward, depending on the results of your initial trial.
Oct
7
comment We are looking for EE who can build a prototype for us
Along the same lines as Susan's query, why not use a service like Elance (www.elance.com) to source the design work?
Oct
7
answered How much money to spend on successful advertising?
Oct
7
comment When should we put salary under cost or expense?
It can get even murkier, since you can view much of the programming activity for a "software as a service" model as research and development of the service, rather than the actual delivery of the service itself. That effort can be (depending on your chosen accounting practice) a depreciable asset that must be expensed over time using a depreciation schedule. So what's the right answer? Unfortunately there is no generic answer except to consult an accountant (preferably with experience in your industry).
Oct
7
comment Considerations such as vesting for Founder Agreement
Your middle course is my favorite because it forces you to think through all of the choices that go into the agreements and then consider their impact for the owners and the organization. It makes you a more intelligent consumer of legal services, in my opinion. I do recommend that you have a lawyer review the documents though, I've never been sorry to have proper legal counsel on something I've pulled together myself.
Oct
7
awarded  Supporter
Oct
7
comment What are the requirements for raising capital for IPO through private placement?
The requirements do vary a bit by exchange. Some of the smaller exchanges like TSX have a broader acceptance threshold, but the consequence is that you may be in the company of rogues...
Oct
7
answered What are the requirements for raising capital for IPO through private placement?
Oct
6
awarded  Analytical
Oct
6
answered How to start getting B2B leads/clients?