Comments for Oregonstartups.com Blog http://oregonstartups.com/blog Information for startups Sat, 26 Sep 2009 17:06:03 +0000 hourly 1 http://wordpress.org/?v=3.0.1 Comment on 7 Mistakes to Avoid when Setting Up your Start-up by Steve Morris http://oregonstartups.com/blog/?p=664&cpage=1#comment-2037 Steve Morris Sat, 26 Sep 2009 17:06:03 +0000 http://oregonstartups.com/blog/?p=664#comment-2037 As far as I know there is no preferential cap gains rate in Oregon for when founders sell they shares As far as I know there is no preferential cap gains rate in Oregon for when founders sell they shares

]]> Comment on 7 Mistakes to Avoid when Setting Up your Start-up by Raj http://oregonstartups.com/blog/?p=664&cpage=1#comment-1981 Raj Fri, 25 Sep 2009 00:09:37 +0000 http://oregonstartups.com/blog/?p=664#comment-1981 Steve: Is there preferential cap gains rate in Oregon when founders sell their shares ? Steve: Is there preferential cap gains rate in Oregon when founders sell their shares ?

]]> Comment on 7 Mistakes to Avoid when Setting Up your Start-up by Andrew Harris http://oregonstartups.com/blog/?p=664&cpage=1#comment-851 Andrew Harris Wed, 05 Aug 2009 04:34:06 +0000 http://oregonstartups.com/blog/?p=664#comment-851 Steve: You should re-publish this article periodically (and I'm sure you can keep adding to it as time goes on). Other common mistakes I've seen are not registering trademarks and copyrights (if you have them), and not complying with state and federal securities filing requirements if the company issues securities. But maybe the biggest mistake of all is going into business with people that you don't completely trust. Randy: I'm guessing you may have already learned this, but you'll have many corporate and tax legal issues. You may be limited in the type of entity you can create (I'm thinking of S corps here), and your foreign investors may be subject to multiple layers of tax due to the uniqueness of the US international tax regime. And Steve's definitely right about needing securities law advice. Steve: You should re-publish this article periodically (and I’m sure you can keep adding to it as time goes on).

Other common mistakes I’ve seen are not registering trademarks and copyrights (if you have them), and not complying with state and federal securities filing requirements if the company issues securities. But maybe the biggest mistake of all is going into business with people that you don’t completely trust.

Randy: I’m guessing you may have already learned this, but you’ll have many corporate and tax legal issues. You may be limited in the type of entity you can create (I’m thinking of S corps here), and your foreign investors may be subject to multiple layers of tax due to the uniqueness of the US international tax regime. And Steve’s definitely right about needing securities law advice.

]]> Comment on 7 Mistakes to Avoid when Setting Up your Start-up by Jason http://oregonstartups.com/blog/?p=664&cpage=1#comment-848 Jason Wed, 05 Aug 2009 03:03:45 +0000 http://oregonstartups.com/blog/?p=664#comment-848 Another tip - don't take money from VCs or Angels unless you have a working product, with revenue and you understand your data/business. And - there is no such thing as an Angel investor. Another tip – don’t take money from VCs or Angels unless you have a working product, with revenue and you understand your data/business. And – there is no such thing as an Angel investor.

]]> Comment on 7 Mistakes to Avoid when Setting Up your Start-up by Steve Morris http://oregonstartups.com/blog/?p=664&cpage=1#comment-844 Steve Morris Tue, 04 Aug 2009 18:29:09 +0000 http://oregonstartups.com/blog/?p=664#comment-844 Thanks Randy. Equity for international investors is a very good topic for a securities attorney. And it might make sense to with one of the larger law firms, if they happen to have offices in (and knowledge of) the countries where you think you might be closing investment dollars. Thanks Randy. Equity for international investors is a very good topic for a securities attorney. And it might make sense to with one of the larger law firms, if they happen to have offices in (and knowledge of) the countries where you think you might be closing investment dollars.

]]> Comment on 7 Mistakes to Avoid when Setting Up your Start-up by Stephen Rosenstock http://oregonstartups.com/blog/?p=664&cpage=1#comment-843 Stephen Rosenstock Tue, 04 Aug 2009 17:52:41 +0000 http://oregonstartups.com/blog/?p=664#comment-843 When we started up and created a website, we were caught up by far too much going on at once and later found that several agressive internet companies had begun drawing small amounts from our checking accounts. When called they would inform us that they were drawing extra fees based on our website. You will probably need extra help discovering and dealing with nuisance situations like this one, the 2-3 fold junk mail increase and nuisance calls from others attempting to sell more stuff and services to you as a new business. Also, initial help with the exponentical amount of paperwork and file keeping is a plus to help prevent overwhelm and keep you on track with "Your Current Project" When we started up and created a website, we were caught up by far too much going on at once and later found that several agressive internet companies had begun drawing small amounts from our checking accounts. When called they would inform us that they were drawing extra fees based on our website. You will probably need extra help discovering and dealing with nuisance situations like this one, the 2-3 fold junk mail increase and nuisance calls from others attempting to sell more stuff and services to you as a new business. Also, initial help with the exponentical amount of paperwork and file keeping is a plus to help prevent overwhelm and keep you on track with “Your Current Project”

]]> Comment on 7 Mistakes to Avoid when Setting Up your Start-up by Randy http://oregonstartups.com/blog/?p=664&cpage=1#comment-842 Randy Tue, 04 Aug 2009 17:07:31 +0000 http://oregonstartups.com/blog/?p=664#comment-842 Great advice Steve! Right now I am contending with how to set up equity for International investors, since different rules apply for cross-border parties. Anyone have any tips? Great advice Steve! Right now I am contending with how to set up equity for International investors, since different rules apply for cross-border parties.

Anyone have any tips?

]]> Comment on Raising Too Much Money Too Early is Bad for a Startup’s Health by Jason http://oregonstartups.com/blog/?p=644&cpage=1#comment-221 Jason Mon, 18 May 2009 04:09:15 +0000 http://oregonstartups.com/blog/?p=644#comment-221 It's so true. Raising money at the wrong time, too early or too much can be detrimental in so many ways. When I started out I thought raising money = success. Several years later I realize that is not the case. In short. If you can avoid it - don't raise money. If you need money - take only what you absolutely need and get the best deal you can for it. It’s so true. Raising money at the wrong time, too early or too much can be detrimental in so many ways. When I started out I thought raising money = success. Several years later I realize that is not the case. In short. If you can avoid it – don’t raise money. If you need money – take only what you absolutely need and get the best deal you can for it.

]]> Comment on 12 Steps to Getting Investor Ready by Mark Paul http://oregonstartups.com/blog/?p=573&cpage=1#comment-154 Mark Paul Tue, 14 Apr 2009 21:10:29 +0000 http://oregonstartups.com/blog/?p=573#comment-154 Steve - This is an excellent set of steps entrepreneurs can take to get "investor-ready". To readers of this blog post - Ignore Steve's advice at your peril! Steve – This is an excellent set of steps entrepreneurs can take to get “investor-ready”.

To readers of this blog post – Ignore Steve’s advice at your peril!

]]> Comment on Open Source Groups in the Portland Area by Micah Elliott http://oregonstartups.com/blog/?p=523&cpage=1#comment-148 Micah Elliott Tue, 17 Feb 2009 22:06:10 +0000 http://oregonstartups.com/blog/?p=523#comment-148 A couple that should probably be added: * PostgreSQL (http://pugs.postgresql.org/pdx/) * Javascript Admirers (http://groups.google.com/group/pdxjs we met for first time this month) * XPDX (http://xpdx.org/) You'd know better than I, but wouldn't Westside Proggers (http://www.meetup.com/otbc-events/calendar/9107471/) qualify? Also, we're just starting up a "PDX Visualization" interest group (http://groups.google.com/group/pdx-visualization/about), but have not yet had our first meeting. A couple that should probably be added:
* PostgreSQL (http://pugs.postgresql.org/pdx/)
* Javascript Admirers (http://groups.google.com/group/pdxjs we met for first time this month)
* XPDX (http://xpdx.org/)

You’d know better than I, but wouldn’t Westside Proggers (http://www.meetup.com/otbc-events/calendar/9107471/) qualify?

Also, we’re just starting up a “PDX Visualization” interest group (http://groups.google.com/group/pdx-visualization/about), but have not yet had our first meeting.

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