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    Saturday, June 5, 2021

    Startups I want to understand economics behind open source software. Where do I start?

    Startups I want to understand economics behind open source software. Where do I start?


    I want to understand economics behind open source software. Where do I start?

    Posted: 04 Jun 2021 03:49 PM PDT

    I have recently seen a lot of companies starting out by open source software. I want to understand business/economics behind it.

    P.S. I completely understand and believe in open source software, the power it holds but unable to get my way around this. Would appreciate any help.

    submitted by /u/knlph
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    Un-innovated tech sectors

    Posted: 04 Jun 2021 10:32 PM PDT

    In 2021 it seems like every area of tech is over saturated. Particularly VC funded sass. Everyone wants to be an entrepreneur and build multi million dollar tech companies. Does this result in an over saturated tech market? Also with all the VC money it makes it hard to keep up with the competition when boot strapping. What sectors are under innovated?

    submitted by /u/ruggedgearusa
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    achieving dominant product, company, strategy?

    Posted: 04 Jun 2021 01:32 PM PDT

    Find a great market opportunity. Create a dominant and valuable product. Grow a dominant and profitable company, and further develop the product.

    Is it a matter of the right leader, right people, right processes, effective strategy, effective performance and a bit of luck?

    How does an entrepreneur increase the odds of achieving a superior/dominant product, strategy, business?

    submitted by /u/Apprehensivewords
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    Please help me understand the 83(b) form with Stripe Atlas

    Posted: 05 Jun 2021 01:25 AM PDT

    Hi everyone,

    I'm very confused with how to proceed with the 83b. As I understand it, the countdown starts within 30 days of purchasing shares, NOT issuing shares (these two terms are different things, aren't they?)

    I'm not sure which step I'm at currently, but I haven't signed or submtited any documents outside of these: https://i.imgur.com/T153Zko.png

    This means I have not entered the 30 day period to submit the 83(b) form, right? AFAIK I have not initiated the clock for the deadline.

    submitted by /u/im_unseen
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    How to find online businesses / artists that I can promote (for free)?

    Posted: 05 Jun 2021 01:18 AM PDT

    I am launching a digital marketing platform and as a new service I'm looking for businesses to promote for free. This will help me find product market fit, and also early adopters, and who can't help with free marketing?

    The problem is how to find these businesses. As a developer, I have found a few software companies so far on Linkedin and through connections, but I haven't found any connection in the fashion / hardware or music (for ex. artists or budding youtubers).

    Any suggestions or advice would be helpful. Including referrals or suggestions on specific subreddits, where I can post.

    submitted by /u/getyrl
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    What should I do? -- I called up a Software company owner and offered help. He asked me to meet.

    Posted: 04 Jun 2021 09:24 AM PDT

    I live in BayArea. I called up a Software services (ITeS - IT Enabled Services) company owner. And told him I could be a great help for him so that I can join his company. He asked me to meet me this weekend. But I am not sure WHAT CAN I ASK or HOW CAN I SELL MYSELF. Why would he even accept if I say I want to learn from him?

    A little background about me: I am a software engineer with 13 years of experience in Mobile and Desktop applications. I owned two companies when I was in Bangalore and built ERP and CRM products. I was able to sell only 3 copies of each product. After that I came to USA on H1 and working here.

    At present: I want to have my own company. But on H1 it is little tricky. I don't want to sit idle. So, I want to learn. This is what I want to achieve by meeting him and working him.

    • I want to learn from him
    • I want to see how is he operating his company
    • How is he offering quotes for Software Developing projects
    • How is he handling the projects
    • How is he hiring
    • And what teams he has.

    My Questions and Dilemma:

    1. How can I sell myself that I want to learn from him so that he would let me in and work for him? Why would he even accept to teach or let me into his company so that I would become a competitor for him later?
    2. I do not want to sugarcoat anything by lying.
    3. When I meet him - how should I open the discussion?
    submitted by /u/sohumm
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    Custom company structures: can you make them?

    Posted: 03 Jun 2021 11:53 PM PDT

    In most countries the system recognises a few types of companies - sole trader, LLC, trusts, nonprofits, etc, it depends on the country.

    How much leeway is there for creating your own type of entity?

    Are there any examples?

    submitted by /u/__algernon
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    VC funding - how should I handle this as a minority partner?

    Posted: 03 Jun 2021 11:11 PM PDT

    Hello all,

    I was wondering if I could get some advice from the community on this. I am a minority partner in a still-small-ish startup. There is one other major partner, who holds more than 50% of the shares. We are (probably/hopefully) about to receive our first VC finance, in the next week or so. I have been only marginally involved in speaking with the VC and have discussed the rough shape of the agreement, but have not yet seen it. The majority partner (also CEO) has been somewhat secretive about it (I don't think through any particular malicious intent), and has had at least one meeting with our lawyers that I only found out about (afterwards) through chance. What are my rights/options here? Eg should I

    - Request to receive the prospective agreement with the VC and have a personal lawyer look through it?

    - Insist on being included in correspondence with the company lawyer?

    - Insist on being included in correspondence with the VC?

    Any guidance appreciated.

    submitted by /u/the_idler_of_march
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    Our company is being acquired. What does this mean for us workers?

    Posted: 03 Jun 2021 08:16 AM PDT

    Okay so I just found out that our company is being acquired by a larger company but in a completely different field than us. The initial reactions by the upper management were "happy", "cheers", and "congrats!". So you guys know they're actually happy that we're being acquired.

    I don't really get them. I mean shouldn't we be concerned that the company gave up its independence by being acquired? Although the CEO said we're going to be like a separate business unit from the larger company and it will like a complimentary thing so we can strengthen their services but can still go about our natural stuff and accounts. The CEO also said its actually normal to be acquired or maybe even that is the actual goal. Is this normal? I'm not really familiar with this type of thing lol. Is this a red flag for the company or should I keep going to see how it goes?

    The CEO added that it will help in the marketing of the company since the current company's service is not really that well known and hard to understand. So by being acquired by the "larger company", we can easily gain other clients trust since the "larger company" is popular and we can get past that intro part.

    Also, the assurance was we still get to keep all of our jobs 100% so no problem there. What I'm actually worried about is what will this mean in the company's future? i.e did the CEO gave up the company's personal branding because he sees red flags ahead?

    I'm really confused about this whole thing, please enlighten me on why this is a good thing. What concerns me too is that there's too much benefit for us, like we can use their office, the operations stay the same, and etc. Will there be a catch here?

    submitted by /u/Aggressive-Pup-28
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