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andrew_gust

HN member
Joined
Fri, Dec 16, 2016, 8:18 PM UTC
HN karma
162
Public activity
40 items

About andrew_gust

Andrew @ Gust

Recent public activity

  1. comment
    Comment #16878130

    the overall trends we saw in the data reflected how investors really think about startups, which is based on risk. the more progress you can show with the funds you've used so far,…

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  12. comment
    Comment #14508653

    Hah, definitely true. Even without the Uber approach, though, many people just use 1099s at inappropriate times because it seems like a way to avoid paperwork.

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  22. comment
    Comment #13886928

    Gust Launch, which is the product attached to this blog post, makes it extremely easy and quick to file as a Delaware C-Corp and set up the company, then follows it up with bookkee…

  23. comment
    Comment #13885785

    Sure, but there isn't an out-of-the-box mechanism to do that. You have to create a way to grant equity, which means you'll need to pay a lawyer—and hourly rates add up quick.

  24. comment
    Comment #13879711

    If they don't want to grant equity or take investment, sure. But doing one of those two things means the legal costs of starting with an LLC (which aren't standardized) substantial…

  25. comment
    Comment #13879617

    The subscription cost isn't for the incorporation and formation. Being a Delaware C-Corp is just a prerequisite for users, so we include it as the first step.