Share this page!

Arj Mahadevan Profile picture
Twitter logo
17 Jun, 12 tweets, 7 min read
The more I learn about DAOs (Decentralized Autonomous Organizations) the more I believe

1) they are the future of organizations🔮

2) they will change the world 🚀

Here's a mega thread on #DAOs ⬇️
"The new jurisdiction is online... DAOs are the Delaware C-Corp of the cloud which is where the future is being built."

- @brian_armstrong in video interview with @garrytan on cryptocurrency the future of decentralization

"All incorporation will eventually go on-chain."

- @balajis

"On-chain incorporation will turn corporate charters into code."

- @balajis

ELI5 thread on DAO LLCs
Thread summarizing a presentation called "DAOS AND LAOS" by @awrigh01 and @ChristopherA

Thread by @CaitlinLong_ on #Wyoming recognizing #DAOs as a new type of LLC
Crowdsourced DAO market research by @JuliaLipton
Thread by @MaxMinsker on DAOs and why they will change the world
Blog post by @pet3rpan_ on community building within a DAO
Typo above: here's the actual thread summarizing a presentation called "DAOS AND LAOS" by @awrigh01 and @ChristopherA
Model law for DAOs by @coalaglobal

• • •

Missing some Tweet in this thread? You can try to force a refresh
　

Keep Current with Arj Mahadevan

Arj Mahadevan Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @mahadevanarj

Arj Mahadevan Profile picture
18 Jun
Imagine having a business with $0 of revenue in the US...

...but you end up paying *over $100M in taxes* to the US Government 😱

This unfortunately happened to @brianrequarth 😩

Here's the story of how choosing the wrong biz structure (LLC vs. C-Corp) can cost you millions 👇🏽
*Disclaimer*

I am not a tax or legal professional nor is this thread tax or legal advice

If you do want tax or legal advice on launching a US company follow @mahadevanarj and shoot me a DM; happy to connect you with a US CPA with international tax expertise!

* Disclaimer*
When starting a company, $ is tight, and founders will do anything to save cash

This makes sense. As @paulg says, spending too much is one of the top reasons startups die
Read 16 tweets
Arj Mahadevan Profile picture
15 Jun
What is a DAO LLC? Your Complete Guide to DAOs

One technology that looks set to revolutionize the way we buy, share, and even hold money is blockchain. A relatively new concept to the world of business, based on this idea, is a DAO LLC. Image
The internet has revolutionized our world and the world of business. Thirty years ago, we could not simply Google our problems, buy things online, or even send a text message. Today, all that is possible, and new technologies are rising.
One technology that looks set to revolutionize the way we buy, share, and even hold money is blockchain.
Read 62 tweets
Arj Mahadevan Profile picture
8 Jun
#DAOs (Decentralized Autonomous Organizations) will be recognized by #Wyoming as a new type of LLC starting July 1st 🤯

Here's a thread on what DAOs are + what the future of organizations looks like 👇🏽
THE FUTURE OF ORGANIZATIONS

Each new era of innovation has created new way to coordinate human activity

-The age of exploration birthed chartered corporations

-The industrial era in the US heralded the joint stock company
-The railroad boom created preferred shares

-The oil shocks and growth of global finance fueled the creation of limited liability companies
Read 43 tweets
Arj Mahadevan Profile picture
7 Jun
How Are LLCs Taxed? Your Beginner Guide

As a small business owner, it is vital to know where your money is going and what taxes you must pay every month, quarter, or year, so you can budget accordingly. Image
A limited liability company (LLC) is a business that gives the owners limited liability, so their assets are protected if they were to be sued or get into financial difficulty.
For this reason, it’s an incredibly popular business structure, but understanding how they are taxed can be complicated. We’ve broken it down for you here, so read on to understand exactly how LLCs are taxed so you can move forward with confidence.
Read 36 tweets
Arj Mahadevan Profile picture
19 May
Should you build a sales team?

How do you know if/when to hire a sales rep?

Here are some tips from @dharmesh on building startup sales teams

1. Don’t hire sales people too early.

In the early days, the founders should be able to sell (and should be selling).
2. You don’t need sales people, you need sales.

Don’t think VP of Sales — think “Revenue Engineer”.
(Not the greatest analogy, but just like you won’t hire a development “manager” as one of the first 5 people in a startup, you shouldn’t hire a sales “manager” either -- not as your first hire).

Don’t get caught up in fancy titles — focus on dollars in the door.
Read 28 tweets
Arj Mahadevan Profile picture
18 Jan
Time is $, so how do you prioritize it?

Thread 👇🏽 w/ learnings from @Julian

1/ Identify what system are you dealing with

- Process? economic growth / romantic relationship
- Business? Microsoft / sports team
- Machine? toothbrush / rocket
- State of Being: health / happiness
2/ Identify if the system is worth optimizing

Ask yourself: is it *Local* or *Global*?

Are you optimizing a cog in a machine instead of the machine itself?

The higher the level you optimize at, the greater your ROI

Optimize the machine. Not the cog that is your job
3/ Discipline is the obstacle

Working hard without asking what are the better things to be working on is a hidden form of laziness

Knowing you should use mental models like Global/Local is the easy part...

The tricky bit is having the discipline to rigorously apply them
Read 16 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!

Like this author's thread?

Get emails when @mahadevanarj has new unrolls!

Check out other threads from @mahadevanarj!

Read all threads by @mahadevanarj

:(