Startups Are all startup communities this Machiavellian, or is it just mine? |
- Are all startup communities this Machiavellian, or is it just mine?
- Is there a system to get better at generating ideas?
- How difficult is it to start up something similar to Carfax in another country?
- The Ultimate List of Growth Hacking Tools in 2019
- Startup Resume Experience Question
- Leasing advice
- Formation - Legal Question - Foreign Qualification
- Sort of a moral/legal dilemma. WWYD.
| Are all startup communities this Machiavellian, or is it just mine? Posted: 04 Aug 2019 08:19 PM PDT I became a serial-startup person without realizing it. At the age of 33 I'm currently working at my fourth robotics startup. And I'm amazed at how vicious, jealous, and megalomaniacal the leaders in my community are. I'm worried about my current company's future because our founder's grad school advisor keeps sending us cease and desist letters and threatening us with IP infringement lawsuits. Everything we're making, we invented from scratch after leaving the University, but the university has a multi-billion-dollar endowment and is famous for the amount of time it spends in court. My previous startup has another professor from the same university as science advisor, and this person is just slimy. Dishonest, fraudulent, slanderous. This professor keeps badmouthing, slandering me in particular because I resigned from their lab half-way through grad school after they didn't pay me for several months of work and I filed a formal complaint with University administration. Another startup CEO'd by a different professor from the same university, which offered me a job last year (I turned it down, absurdly low-ball offer with no equity), is also badmouthing my current company, saying we stole IP from the first professor, a baseless claim that they wouldn't know anything about anyway. I guess they're just jumping on the bandwagon in an attempt to narrow the field. And it's not just my company. These and several other startups are also constantly attacking each other. Are all startup communities this hateful? Is it just the ones in my city? I regularly communicate with other startups all over the world and they're happy to talk, happy to consider mutually beneficial collaborations, but the other startups in my city all seem to believe we're playing a zero-sum game. Even when no two of us are in the same market. I can't talk to two thirds of my grad school friends because the community is split up by invisible walls. This isn't fun anymore. I'm on my fourth startup, and if a company who recently invited me to interview gives me an offer, in a different city, different community, I'll leave my fourth and join a fifth. [link] [comments]  |
| Is there a system to get better at generating ideas? Posted: 04 Aug 2019 12:40 PM PDT I agree that "ideas are cheap" but frankly as someone who isn't exactly the most creative person but is highly technical I lack the ability to find an idea that seems worth putting effort into. I feel stuck, everything I find in my life that I would like to optimize or think is a potential app/SASS/B2C has already been implemented. I'm really struggling to find that idea that makes me go hey this is worth sinking some time into. [link] [comments]  |
| How difficult is it to start up something similar to Carfax in another country? Posted: 05 Aug 2019 12:13 AM PDT We do not have such service back home and I thought it would be a great idea to make a similar service. How difficult is it other than hiring a programmer to program the website and the application and create a database? Most auto repair shops here do not have computers or softwares where they record services so if this idea is going to see the light then it would be costly to begin since some kind of devices will be provided to those shops to report their services (not everyone is going to report their accident with their insurance). Thoughts? EDIT: the major auto shops do have computers but still I am not sure if they are able to install some kind of an app to report their services. [link] [comments]  |
| The Ultimate List of Growth Hacking Tools in 2019 Posted: 05 Aug 2019 12:40 AM PDT I sourced and curated the Ultimate Growth Hacking tools for entrepreneurs in 2019. Would love to have your thoughts over how it can be improved, and let me know if I forgot a key software to complete the list! [link] [comments]  |
| Startup Resume Experience Question Posted: 04 Aug 2019 08:19 PM PDT I have been working on a startup for the last few months and I am getting paid for it. I have no agreement on equity (should have been negotiated but will likely just have options since I am getting paid). Long story short, product was built prior to me joining but it was not good (more like a proof of concept) and there were a lot of things that were not functional and there were some bad history with team back the. Over the last few months, I have helped with rebuilding the product and rebranding and everything. I hired a new development team, managed operations (purchased domain, file trademark, vendor, process and team mgmt, etc). The company is now finalizing being formed with new name and brand. Old company name was a DBA. How would I list this experience on my resume if the company did not exist prior to August? For all entrepreneurs and founders out there, how did you list your experience for the time you worked on your company prior to the company being formed? [link] [comments]  |
| Posted: 04 Aug 2019 06:48 PM PDT Hey everyone, Hope Sunday has treated you well so far. I'm looking for advice on leasing commercial space for my business. I'm looking for an industrial/warehouse mixed use space around 9000 sq ft. I'm wondering anyone has advice as this is my first time searching specifically with financing. My business is technically not operational yet so this would be considered a start up. I am not well connected with any investors and I want to limit giving away equity. Did anyone go down the path of the commercial loan route that could shed some advice? Thank you! [link] [comments]  |
| Formation - Legal Question - Foreign Qualification Posted: 04 Aug 2019 11:05 AM PDT I'm hoping someone in this group can answer this question: I just organized a Delaware C-Corporation using a legal service. However, I live in Wisconsin. For now, the company will only operate in Wisconsin. So, I need to file for Foreign Qualification in Wisconsin. A legal service quoted me $374 to Foreign Qualify in Wisconsin. That seems like a lot of money when I can just file the form for $100 myself. Am I missing something? Is there a reason I should use a legal service? I understand that it would probably be beneficial to use such a service in a third state where I don't live if I ever start doing business in a third state. Thank you. [link] [comments]  |
| Sort of a moral/legal dilemma. WWYD. Posted: 04 Aug 2019 05:20 AM PDT Hey together. I am currently stuck in some sort of moral/maybe legal dilemma, where I wanna ask how you guys would feel or what you would do. Here is the situation: I currently work in an upper management position for a company based here in the US. I worked my way up to management in a tech business the last couple of years, before hiring on in an upper management position in a completely different field of business. I was hired for my managerial experience rather than my experience in this particular business. Over time, me and another person working this business (with over 15 years of experience in this business) developed a business idea that could benefit the business greatly. Basically, it could potentially affect one third of a three digit billion business in the US alone. First quick research (aka: showing a concept mock-up to some personally known friendly businesses) showed great interest in such a product. Me, my business partner from the industry and a business contact from my old tech industry drafted a business plan and a founding agreement. Plan of action is to build a mvp "on the side" as proof of concept, work with the feedback and then keep working it part time to gain more experience with a smaller user base and see if the market actually accepts our idea, before we possibly expand. Now, here are my "dilemmas": 1. My contract with my employer has a "no compete"- clause. Our idea does not compete with my employers business. In fact, it enables my employer, just as all other companies, to aggressively compete against the market leaders directly. However, it does target the same general field of business as my employer. 2. I have a clause, saying I can't have more than a certain percentage of ownership on any company. This is to keep me focused on my current employment, rather than "wasting energy" with any side projects. I could ask to have that clause removed, but it's unlikely they will. So... not asking for what I should do. Just want to hear your guys gut feelings on what you would do in that situation. Ignore both clauses and go for it? (Of course, I am aware employer could find out and kick me. If he finds out because the idea is a success, I won't care though...). Just play safe, stick with the current job and steady paycheck and pass on the opportunity (again)? Do it, and when the mvp serves as proof of concept but there isn't enough money flow to support full time positions, seek investors? Possibly even offering the employer to get in as investor? Curious what your thoughts about this are... [link] [comments]  |
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