Two days ago, I lamented about how much of a pain LLCs can be for investors. The comments were lively. Many people pointed out the “double taxation” issue involved with C corporations. C Corporations pay taxes and then when money is removed from the corporation to the investors or founders, another round of taxes is …
I was on the selection committee for this years Venture Capital in the Rockies conference. We had some really interesting companies to choose from this year, and it took a few more conference calls than normal to get down to the final group this year. Here’s the list of companies that will present. Alliance Health …
This is a lesson that first time entrepreneurs in funded companies usually learn very quickly. I’m on the board of several companies currently, and if you know me you know that I rarely take an aggressive stance. I use the magic of subtle influence, not a brick over the head. I’ve adopted Brad Feld’s mental …
I had a very short but interesting “random” call with Taylor Davidson today, after I had commented on his blog a while back. Taylor recently drove across the country stopping along the way to meet as many interesting entrepreneurial people as possible. He’s been thinking about early stage company development extensively, so it was one …
Before I started Techstars, I was looking around for a few opportunities to get involved with interesting new startups as a founding CTO. A couple of really interesting ones came along, and I remember having to make a conscious decision between starting Techstars and doing another startup. I distinctly remember one (great) guy who was …
I hope that by telling you this story, you can make sure it doesn’t happen to you. It’s the story of the Boomerang Founder. The Boomerang Founder is the one that you “throw away” but then comes back later on and hits you upside the head, often causing significant trauma. You start a company, and …