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| bio | website | |
|---|---|---|
| location | San Diego, CA | |
| age | ||
| visits | member for | 1 year, 7 months |
| seen | Jan 25 at 19:31 | |
| stats | profile views | 37 |
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Feb 6 |
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How to share profit based on both effort and skill? @AlainRaynaud : Founders are shareholders AND employees, but shareholders don't necessarily have to be employees. Even if your contract says "not an employee", it can be considered employment (by IRS, USCIS and courts) is it's a job per the job market. eg: Meeting for coffee with advisers isn't a 'job' but calling customers or writing code is a employable activity. I'm not a lawyer but I did hear this from a very reputed startup lawyer. |
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Feb 3 |
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How can I commercially profit from the discovery of new algorithms? I've flagged for this to be reopened and also submitted an 'edit' version to clarify the English in the question |
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Feb 3 |
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How do I draft a letter of intent? Even after your update, my answer remains the same as below |
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Feb 3 |
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Why did Facebook stop giving out options in 2007 and start giving out RSUs (restricted stock units)? @ Michael Very unlikely. The vesting schedule is determined ahead of time, defined as the restrictions themselves. ('R' of RSU). At that predetermined time/schedule, it vests and the stock becomes 'unrestricted' and property of the employee. Facebook cannot tell an employee 'you must sell this stock on the day it vests' - it's the employees property. He or she may sell that stock 1 day later or 10 years later. |
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Feb 3 |
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How can I commercially profit from the discovery of new algorithms? Apart from the comment above on copyrighting an algorithm (you can't - only copyright one implementation of the code) I want to add that you can't even patent it. Pure algorithms/ideas can't be patented, only the actual engineering systems that embody the algorithm can be. If you're looking to profit, you will need to make a product out of the algorithm -> patent/copyright that -> sell the product. Algorithm will remain a 'trade secret'. Other route is publish it and become famous. |
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Feb 3 |
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Why did Facebook stop giving out options in 2007 and start giving out RSUs (restricted stock units)? BTW, RSU's have a tax implication for the employee not only at the sale/liquidity but also when the RSU's vest. That tax is calculated based on a $0 strike price. If the underlying stock price rises between the RSU vest date and the actual sale date, the extra profit is also taxes (or loss accrued). |
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Feb 3 |
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Converting website visitors to registered members The user would NOT know "Yeah! OpenID!". It's just allow Facebook and Google to authenticate me. I suspect because Google and Facebook are more known/trusted entities than "MyNewWebsite" ... Of course, the UI must be simple. |
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Feb 1 |
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Is it common to create several companies when starting a business? Makes sense in theory but not practically (IMHO). If you're getting an investor, this will be a red flag since you're really going out of your way to cut them out vs thinking of "all of us". Ask yourself, if investors don't see any IP, will they invest in an "operations" only company where the operations are non-existent? It'll be a hard-sell ... |
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Jan 31 |
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Recruiting Students Developers for a Startup Project 1. 50% to one student developer is far above market. 2. DOCUMENT it, you must document is ASAP. Just having 50% of the shares is insufficient. Is he going to get them 50 years from now? etc. 3. I ended up hiring professional grade engineers because the students (even smartest) aren't great at understanding deliverables properly. 4. Try getting 5 from the same university 5. If unpaid internship, document it. 6. DOCUMENT everything related to getting work done by others. It's a COMMON source of litigation in startups with disgruntled workers. Think 1+ years from now. |
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Jan 28 |
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EB-2 Visa Amendment: How to apply for the visa for my new startup to be based out of the valley Sorry, didn't keep history. I searched and browsed when I read your question. |
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Jan 27 |
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LLC with vesting shares possible? Also, when you do solve this problem for yourself via your lawyer, do postback here. |
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Dec 30 |
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Have you setup an options pool for your S-Corporation? Is it allowed? a) Less than 100 shareholders, all US folks - so both not an issue. b) preferred shares don't exist since no outside investors. Usually Angels or VCs demand preferred c) I'm thinking of options on the common stock. So I'd still have one class of stock. d) C-corp double taxes me, so I'd rather avoid that Appreciate the response however! |
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Dec 29 |
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Percentage of enterprises who have policies against using Cloud solutions Which country/legal jurisdiction are you hoping for your customers to be in (EU/US/etc)? |
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Oct 11 |
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What should be my career path in the corporate if I wanted to become an entrepreneur in the future? Cool-so you're already cross pollinating engineering and marketing. For me I did both for 8 months till I noticed my social ties were strained. I noticed a sense of regret of not offering my resignation earlier (excellent employer relationship btw). I started dreaming of finishing specific tasks (for my company) while at work for my employer! I was agonizing to get done at 'work', to come home and do some work! While there is usually a "worst time", there is NEVER a "good time". So I'll hand you off to news.stanford.edu/news/2005/june15/jobs-061505.html ... |
