Shooter
Joined 19 years ago
Joined 19 years ago
The article was written by Jon Morrow, not Penelope Trunk...
Jon is actually an amazing guy. Here's another sample of his writing:
- A single LLC is probably optimal for what you are suggesting, unless one or more of the projects you will be pursuing is something that invites litigation. You would definitely want to have a separate LLC for anything that is extremely risky or that is in a litigious industry (healthcare, etc.) If your first app is just "slightly profitable", I wouldn't worry about it that much. If you add other memmbers/managers in the future you can always restructure the ownership and compensation ratios, etc. - LLCs are amazingly flexible.
- I've used series LLCs several times (in IL and DE), and it was very helpful in a couple of cases and a complete clusterfuck in another. Find a great lawyer if you opt to go that route. You DEFINITELY have to use separate bank accounts and ledgers for every series if you want to get any of the advantages of the Series LLC structure. Just trying to open Series-specific bank accounts can be an issue, surprisingly. I would only use a Series LLC again for VERY specific purposes (mutual fund companies, etc.)
http://flyingmeat.com/voodoopad/
I tried several of the open-source wiki apps, and then was very happy to pay for VoodooPad. I use it and mindmapping apps quite a bit. I bought a notebook app from Circus Ponies, but I don't open it very often. I use DevonThink Pro Office extensively, and it saves me enormous amounts of time. I also use Emacs orgmode and a few other Mac apps that are probably overkill for most people.
I think it's a weak domain/name that is likely to be confused with them anyway...I'd find another name to save the headaches and let them have it. You might ask them to reimburse you for your actual domain registration and renewal fees. If it is <$1000 they might pay, because it takes about $1000-1200 to seize a domain anyway.
Have you considered trying out a "Hackintosh"-type setup first? If that doesn't work for you, you could still sell the PC easily and then buy a Mac. I make very good money in the US, and I still took several weeks to talk myself into buying a new Macbook Pro to replace an '05 Powerbook (in part because I already have a 27" iMac as my main computer.) Apples are expensive. To me, it is the software that makes them a great value, though. If you bought the MBP, would you still have the funds to spend on software and to complete your freelance/startup work without major sacrifices? I think it is ridiculous to ask a question like this on HN since we don't really know your financial circumstances. Are you really just wanting us to help rationalize a decision you've already made? ;-)
[And now...my first HN cross-post ever:]
RE: Fusion vs. Parallels
I just bought a new MB Pro and am getting ready to install Parallels on it for the first time. I've always used Fusion on my Macs (to triple-boot with Win and Linux) in the past. I thought Parallels was currently the leader in the shootouts regarding speed/features? Anyone keep up to date with their VM horse race or have a good reason to use one over the other? I already have licenses for both. Thanks.
I just bought a new MB Pro and was getting ready to install Parallels on it for the first time...I've always used Fusion in the past. I thought Parallels was currently the leader in the shootouts regarding speed/features? Anyone keep up to date with their horse race or have a good reason to use one over the other? I already have licenses for both.
I have thousands of domains, and was considering using them - but I would not be using their hosting services, so it seems moot now...
I'm looking at the SSD kits from MacSales/OWC, but I don't want to give up the optical drive. And I know very little about SSDs...
I've had one aneurysm and endocarditis, among other things (strokes, coma, paralysis, etc.), so I can sympathize with how difficult it is to move forward when you are ill. I wish you the best of luck in your endeavors. I don't know if it is actually true, but people keep telling me that old cliche about "what doesn't kill you (and keep you dead, in your case), just makes you stronger." Please feel free to shoot me an email if you want to talk...
I own two SaaS companies that have received R&D credits and I'm also an investor in a few other businesses, including an injection molding company, that have received R&D tax credits. The injection molding company mostly makes cups for gas stations. Which is not exactly quantum computing.
I used the same company to get all of the credits. They had a staff of tax attorneys, accountants, engineers, etc. that worked with us to see what we could qualify to receive. They looked at about 30 different programs to get tax incentives or reduce expenses. And they worked entirely on a contingency basis, where we only paid them a percentage of what we saved. They were very accurate in their initial assessments, and we have not been audited since receiving the incentives (/knock on wood/)
At one point, they commented that the bane of their existence (as tax incentive specialists) was misinformed accountants that thought you had to have an army of lab coats or a clean room in order to qualify.
I would agree, however, that Gusto is trying to drum up business.