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I’m Joining Stripe to Work on Atlas

kalzumeus.com

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Re: I’m Joining Stripe to Work on Atlas

#21
I know from personal experience the sub-title to this article is "How I'm justifying a bad decision".

Entrepreneurs know when they're making a bad decision, whether consciously or not.

[Edited for brevity. No disrespect, but hate to see a Developer give up on their independence]

Re: I’m Joining Stripe to Work on Atlas

#22
post #13

What I like most about the long term vision for Atlas is that, if it's truly "as easy as spinning up an EC2 instance" to form a new corporation, then it will be possible for a single entrepreneur to create complex global corporate structures previously limited only to multinational corporations. How nice would it be, as say, a digital nomad, to be able to have a single "holding company" based in HK, and dynamically c…

Slightly OT, but countries tend to dislike this brave new world where they cannot obviously and clearly collect taxes on business owners that reside in their country. It is going to be a tough day if the other shoe drops on this. No idea what it will look like if it happens though.

There exist some ways to abusively structure international tax affairs. That isn't what Atlas is about -- we help honest businesspeople get on a sound and legally compliant footing.

You would not even believe how many weeks of my life I've spent the last ten years paying every cent I owe in Japan and the United States. Like every other business owner, I kvetch a bit about the rates, but I pay my taxes on time and in full because laws are laws.

We want to eliminate the stupid value-destroying busywork of complying with taxes, not taxes themselves. (Letting folks across the globe participate on equal and solid footing in the US market tends to increase value created worldwide, which is awesome, and also increases US tax collection at the margin.)

Re: I’m Joining Stripe to Work on Atlas

#26
post #22
post #13

Earlier quoted context omitted.

Slightly OT, but countries tend to dislike this brave new world where they cannot obviously and clearly collect taxes on business owners that reside in their country. It is going to be a tough day if the other shoe drops on this. No idea what it will look like if it happens though.

There exist some ways to abusively structure international tax affairs. That isn't what Atlas is about -- we help honest businesspeople get on a sound and legally compliant footing. You would not even believe how many weeks of my life I've spent the last ten years paying every cent I owe in Japan and the United States. Like every other business owner, I kvetch a bit about the rates, but I pay my taxes on time and in…

> We want to eliminate the stupid value-destroying busywork of complying with taxes, not taxes themselves.

Oh yes! Italy was like that: it's not so much the taxes themselves, it's all the extraneous BS that surrounds them that takes so much time to deal with.

Re: I’m Joining Stripe to Work on Atlas

#29
post #22
post #13

Earlier quoted context omitted.

Slightly OT, but countries tend to dislike this brave new world where they cannot obviously and clearly collect taxes on business owners that reside in their country. It is going to be a tough day if the other shoe drops on this. No idea what it will look like if it happens though.

There exist some ways to abusively structure international tax affairs. That isn't what Atlas is about -- we help honest businesspeople get on a sound and legally compliant footing. You would not even believe how many weeks of my life I've spent the last ten years paying every cent I owe in Japan and the United States. Like every other business owner, I kvetch a bit about the rates, but I pay my taxes on time and in…

Having a U.S. based business serve as a sort of global corporate registry broker will also make it extremely easy for U.S. law enforcement to subpoena information that would otherwise be located in less cooperative jurisdictions (or in jurisdictions that are cooperative but just require a lot of paperwork and MLATs and so forth), so I can't imagine you'll have too much trouble with them.

Re: I’m Joining Stripe to Work on Atlas

#30

I know from personal experience the sub-title to this article is "How I'm justifying a bad decision". Entrepreneurs know when they're making a bad decision, whether consciously or not. [Edited for brevity. No disrespect, but hate to see a Developer give up on their independence]

Calling someone's personal decision bad or good without knowing most of the circumstances of their life... might be something to avoid.

Perhaps "I hope this new gig works out for you right now, but really hope to see you running something of your own again at some point in the future"?

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