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    Startups Feedback Fridays - A Friendly Feedback Exchange For Ideas and Products

    Startups Feedback Fridays - A Friendly Feedback Exchange For Ideas and Products


    Feedback Fridays - A Friendly Feedback Exchange For Ideas and Products

    Posted: 03 Jan 2020 05:07 AM PST

    Welcome to this week's Feedback Thread. This is the place to request feedback on your ideas and products.

    Be sure to give feedback if you are requesting feedback. Equivalent exchange goes a long way towards reaching your own goals and it makes for a stronger community.

    Please use the following format:

    URL:

    Purpose of Startup:

    Technologies Used:

    Feedback Requested:

    Additional Comments:

    Post your site along with your stack and technologies used and receive feedback from the community. Please refrain from just posting a link and instead give us a bit of a background about your creation.

    Feel free to request general feedback or specific feedback in a certain area like user experience, usability, design, or code review.

    You can also find more support using instant chat on the /r/startups discord.

    submitted by /u/AutoModerator
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    Discussion- Our painpoints as enterpreneurs

    Posted: 03 Jan 2020 06:16 AM PST

    Let us discuss our pain points as startup founders and the way we tackle these problems.

    What are the main issues for startup founders? The list of problems is almost endless and could include:.

    Finance.

    Finding a great co-founder.

    Work/life balance.

    Building a talented team.

    Add your biggest problem?

    submitted by /u/myshaka
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    Stripe Atlas - Please help me with the 83(b) election for C-Corp

    Posted: 03 Jan 2020 07:32 AM PST

    I created a C-Corp with Stripe Atlas because I'm from Europe and they recommended me to choose a C-corp instead of a LLC. After I completed all the paperwork I received an email from Stripe Atlas which said that I should pay for the Founders Stock and that I should consider the 83(b) election:

    Considers an 83(b) election (very important!). Startup attorneys strongly recommend that founders with stock subject to vesting file an 83(b) election with the IRS, to avoid potentially enormous personal tax obligations as the company's value increases. Read more here. 83(b) elections must be filed within 30 days of the stock purchase, so we recommend considering this with an attorney or personal tax advisor immediately. You can download an 83(b) election template and instructions here.

    The Stripe Atlas documentation:

    https://stripe.com/atlas/guides/equity#why-dont-companies-immediately-issue-all-authorized-shares

    https://stripe.com/atlas/guides/equity#what-is-an-83b-election

    I issued 10 000 000 shares (as Stripe Atlas recommended). I recently purchased my shares by sending the payment to Silicon VAlley Bank for 80% of the shares (they also recommended me to purchase only 80% of the shares). Now I understood that I have 30 days to send the 83(b) election.

    Please help me with some advice regarding the 83(b) election. Should I submit the 83(b) election if I will not move to the USA?

    I've read some topics from this form but I don't know how the law is in 2020.

    submitted by /u/raresp
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    Include cap table in pitch deck?

    Posted: 03 Jan 2020 11:43 AM PST

    We are raising an angel round right now, and I have heard mixed opinions on whether to include our cap table or not. Obviously we have an income statement summary, but I'm not sure on whether to also include our cap table. Also, when we first send out our financial model to a potential investor, should we include cap table in the document?

    submitted by /u/OkCook0
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    Producing sexual reading content on app legal?

    Posted: 03 Jan 2020 09:47 AM PST

    Hi guys, I am planning an android application where the users can read sexual content in the stories format with a little twist.

    There will be absolutely no graphic content but only reading content. I am not sure about the regulations, although there are many apps which are producing sexual content with an age disclaimer in India. Would really appreciate some information. Thanks.

    submitted by /u/ankithakgupta
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    Tech guys: What is the best way to this?

    Posted: 03 Jan 2020 09:36 AM PST

    I am working in my project about smart TVs that will be placed in some points of my city. Those points display content uploaded by my customers to my app, which is made in Ruby on rails.

    The appoach I have used for the TVs, is a raspberry PI which load a web view full screen on start. Problem is... if sometimes does not load correctly, then the only option is a manual restart... that is not a choice.

    I have been considering to do a little client which just ask for the JSONs and make like a little game UI with some visual libraries (PyGame, Ruby2d..etc). The advantages would be full control and the posibility to implement a so-called 'manual caché' that will help me to spend less money on AWS.

    The question is: How can I do that as easy as possible? Any suggestion? Any bad or good aspect I have not considered?

    PD: I have tech background but not consider myself really a professional, but an ethernal hack-ish amateur.

    Thanks in advance :)

    submitted by /u/juanse003
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    I have a new concept with two physical imprints that I want to offload

    Posted: 03 Jan 2020 09:35 AM PST

    I started a quick-service concept and opened two shops in my city. I already have a separate, successful concept running, and have been working in 2019 to start these new shops and get them revenue generating.

    What I've learned about myself since opening the new stores is that I don't want them. I'm not really cut out for multiple shops across two concepts, and I'd rather just focus on my original company.

    I'd like to offload the new concept with its two stores, and I don't even care to try and make money on them; I just don't want to deal with them anymore. Call it being burned out or whatever, but I'm ready to cut the cord.

    What's the best way to go about finding someone to just "take over"? Assign the leases, and the loan used for startup, and just move on?

    submitted by /u/coffeeadaydoctoraway
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