Startup Economics 101, or, How Long Until We’re Dead? • Hacker News Board

Re: Startup Economics 101, or, How Long Until We’re Dead?

#51

Post by dotcoma » Tue, Mar 22, 2011, 8:01 AM UTC

kaib wrote: post #50

dotcoma wrote: post #14

Earlier quoted context omitted.

you guys must be Swedes :) (it sounds smart and well thought out)

Very close, the company is Finnish. That said I'm a Swedish-Finn. :)

I remember reading a long article it seems I never bookmarked, unfortunately, on how less likely it would have been for Linux to start and get traction in any other place, because of the ethos of community and cooperation which apparently is very strong in Finland (and Scandinavia - never been to Finland, Italian here :)

Re: Startup Economics 101, or, How Long Until We’re Dead?

#52

Post by donall » Tue, Mar 22, 2011, 2:23 PM UTC

markklarich wrote: post #35

This is my first post on Hacker News. Glad to join you guys and see that you're talking about finances. I'm an accountant who is also a tax and business lawyer, specializing in micro businesses and creative projects. Hopefully I can contribute to the discussion. This community is full of people who know how to hack code. I'd like to introduce the idea that it's possible to be equally creative with business entity des…

It seems like this post could usefully be expanded into a longer article. If you have the time, I would encourage you to write it.

Re: Startup Economics 101, or, How Long Until We’re Dead?

#53

Post by timr » Tue, Mar 22, 2011, 8:11 PM UTC

gaganpalrecha wrote: post #25

timr wrote: post #13

Earlier quoted context omitted.

"It's a racket and is one of the reasons Twitter and Zynga are threatening to leave SF if the city doesn't give them a break on the tax." Lots of cities have payroll taxes, and they're not a "racket" -- it's the cost of doing business in a city. What's unusual about SF is that it has a law that considers gains on employee stock options as taxable pay, not that it has a payroll tax.

well, if we were getting real services from it I wouldn't be as bothered by it.

Yeah. It's a shame we don't get anything like clean water, sewage treatment, police protection, 24/7 fire response, trash pickup, recycling, public transit, street repair or parks in exchange for our taxes.

What a scam.