Flatirons Development / Flatirons Fund. Building software for startups and investing in them as well.
Aug 9, 2022 • 10 tweets • 3 min read
There is always a lot of confusion around entity types (Sole Proprietor, LLC, C-Corp, S-Corp, B-Corp) and how you should form.
Let's clear some of that up. 👇
First and foremost, if you are doing business, you should have a legal entity of some type. Cross Sole Proprietor off your list.
A legal entity will protect your personal assets incase something goes wrong. Someone can sue for your company's assets, but not yours.
Aug 6, 2022 • 6 tweets • 1 min read
As someone who’s programmed for almost 20 years, and managed a number of software products, here are my top 5 questions about #web3 🧵
1. Why do we need it?
Aug 6, 2022 • 13 tweets • 5 min read
🧵 My personal perspective of investment terms founders should consider if things continue to get rough.
First, you need to recognize the past 5 or so years was way different than the 5-10 prior. We're in unpredictable territory.
For instance, the SAFE has become relatively standard. I know a lot of investors that hate the SAFE will rarely invest in one.