Posts Tagged ‘Featured Stories’

VC Perspectives on Startup Journey from Innovation to IPO

VC Perspectives on Startup Journey from Innovation to IPO

Speakers:

Steve Hoffman – Captain & CEO of Founders Space
David Lane – Founding Managing Director, Diamondhead Ventures

What’s the best way to find a CTO for my startup?

Naomi Kokubo

Naomi Kokubo

by Naomi Kokubo, Editor of Founders Space

The best way is to tap into your network of friends and colleagues.  It’s always better to start with someone you know well and have worked with in the past.  That said, all too often you know people with similar backgrounds and skill sets to your own.  So how do you find a co-founder with a complimentary skill set?

Are there any good tax deductions I should be looking out for?

QUESTION:

Are there any good tax deductions I should be looking out for?

ANSWER:

Naomi Kokubo

Naomi Kokubo

by Naomi Kokubo cofounder of Founders Space

Yes.  Here are 14 of the top tax deductions you should be aware of:

1. Auto Expenses

2. Expenses of Going Into Business

3. Books, Legal & Professional Fees

4. Bad Debts

5. Entertaining Clients/Customers

6. Travel

7. Interest

8. New Equipment

Where can I get intros to angels?

QUESTION:

Where can I get intros to angels?  Do you know of any good lists of angel investors that I can tap into?

ANSWER:

Naomi Kokubo

Naomi Kokubo

by Naomi Kokubo, Cofounder of Founders Space

A good place to start is with Venture Hack’s AngelList.

Go see the AngelList

The List includes…

  • Jeff Clavier (Investor in Mint)
  • Matt Mullenweg (Angel in DailyBurn)
  • George Zachary (Charles River)
  • Chris Yeh (Angel in EtherPad)

How many days off should I give my employees?

QUESTION:

One of our founders asked the question, “How many days off should I give my employees each year?  We’re a startup, and every day counts!  What do other startups do in this regard?

ANSWER:

I think every startup struggles with this question.  You want to be nice to your employees, but at the same time, a startup needs to go all out until it’s profitable.  Just keep in mind that people do need time off.   As a starting point, here’s a good reference:

Are interns really that helpful to a startup?

QUESTION:

One of our founders asked the question, “Are interns really that helpful?  Every startup I know seems to have interns.  I’m in San Francisco, and I could really use some help, but I’m not sure interns are the right solution for me.”

ANSWER:

There are two schools of thought when it comes to recruiting interns to work at your startup.  One is that it’s more work than it’s worth.  As a startup, you need to move fast and you don’t have the luxury if training up a student, only to have the student leave a couple of month later — just as they are getting up to speed.

I hear Microsoft is offering help to startups. What sort of program do they offer?

QUESTION:

I hear Microsoft is offering help to startups. What sort of program do they offer?

ANSWER:

The program is called BizSpark and it’s under the Microsoft Startup Zone.

Microsoft really has its act together when it comes to helping startups.  We are thoroughly impressed.  BizSpark seems too good to be true… free software, free support, free business referrals.  It is true, and you shouldn’t hesitate to sign up if you plan on using any Microsoft technology or software at all.

WebWallflower Events

WebWallflower Events is run by Cassie Phillipps, and it’s the place to go to if you want to know what’s up with the Bay Area tech scene.  She covers it all.  These events include meetups, tech sessions, entrepreneur networking, VC panels, launch parties and more!

Sign up for Cassie’s fantastic newsletter!

Is there a good angel list I can use for fund raising?

QUESTION:

Is there a good angel list I can use for fund raising?

ANSWER:

This is a great list of angel investors provided by Venture Hacks.  We’ll post more angel lists as we find them.

Siobhan Quinn

Akash Agarwal
Jeff Fluhr
Sandy McKinnon

Dan Rosen
Jim Hornthal
Mo Koyfman

Amish Jani
Josh Hannah
Peter Hershberg

Roberto Bonanzinga
Geoff Ralston
Jeremy Levine

Daniel Heaf
Sarah Tavel
Alex Finkelstein

Josh Stein
Joel Yarmon
Gaurav Tewari

Room Full of People

Room Full of People has emerged as one of the leading companies covering social networks and social media. They are available to speak at both public and private events on topics related to the social web. If you don’t already know about them, you should check out their website: http://rfop.biz/

They’re involved in all sorts of great things, including:

Geek Sessions

  • A high-end networking event that brings recognized experts to speak on hot topics in web technology

FountainBlue

FountainBlue’s High Tech Entrepreneurs’ Forum is a great resource for founders. If you’re starting up a company, getting involved with them may prove helpful.

They offer a number of valuable services, including high tech forums the second or third Mondays of the month from 5:30 until 7:30 p.m. Unfortunately, if you’re not in Silicon Valley, I don’t think you can attend. As far as I know, they haven’t expanded yet beyond the Bay Area.

Go see FountainBlue