Startups My open source search engine has become very popular - VCs reaching out, Need advice |
- My open source search engine has become very popular - VCs reaching out, Need advice
- Delivery is too expensive
- SaaS apps that ask for billing address and show/collect sales tax, vs those that do not (flat fee for everyone, only asks for card info)
- How to choose niche?
- Company Switching to Stock Appreciation Rights instead of Options
| My open source search engine has become very popular - VCs reaching out, Need advice Posted: 14 Dec 2021 10:59 AM PST Hello friends, I built an open source search engine (An elasticsearch alternative that is much simpler and lighter and is written in Go) and released it 11 days ago. It is one of the fastest growing projects on github gaining 3.9k stars already. 3 VCs have reached out to me and want me to start a company. I am thinking to quit my full time job and do this. Any advice on things I should be careful of. [link] [comments] |
| Posted: 15 Dec 2021 06:26 AM PST Hello! Thank you for visiting my post! I am launching a platform (like Etsy) in a few weeks and i need to figure out delivery. We are starting slow (50 SKUs) but we have room for agressive expansion. With that said, delivery significantly outprices the cost of my products in many cases (i assume Christmas season). I.e. the cost of a pen is $8 the delivery is $29. Are there any options that worked for you? More details: I am launching in Toronto, Ontario, Canada. My products are made in London, Ontario, Canada. I don't have a car so i can't manually deliver the orders. [link] [comments] |
| Posted: 14 Dec 2021 03:32 PM PST I'm the founder of a US-based SaaS startup and am currently working on the payment/subscription modules. Target markets are US and EU. I understand that sales tax laws can be quite complex. We'll utilize tools like Stripe Tax and accounting/finance apps, and at some point we'll likely need professional services as well. But to start off, having used plenty of SaaS apps of various types myself, I've seen both scenarios:
So my question is for those doing #2, which is obviously much easier/cleaner when it comes to the customer facing side, are they simply doing an "average all inclusive" approach, and handling sales tax calculation/remittance internally? Is there a drawback to this approach? Or is it related to where the company is located? [link] [comments] |
| Posted: 15 Dec 2021 12:34 AM PST Hi, I'm starting a saas b2b for manufacturers and retailers. The demand of our service is proven in the US and EU (the service is used frequently in these regions). The demand for the service seems high in SEA as well. Other similar companies are focused in US and EU, so I wanted to focus in SEA where not many companies are targeting. However, because the labor costs in SEA is soo low, it is just cheaper to hire people than using our service in SEA (although our service is more advanced and accurate). In US and EU, its cheaper and better to use the service than hiring a staff. I'm not too sure how I can choose niche in this situation. I tried to find clients from different region, but don't think my service will be appealing to them. Please give me any advice? [link] [comments] |
| Company Switching to Stock Appreciation Rights instead of Options Posted: 14 Dec 2021 02:09 PM PST My current employer had split itself into two for some legal reasons about five years ago, and is now merging itself. They're doing away with stock options, and moving to stock appreciation rights. I've read about them in general around the web, but that's more of a text book definition than real world. I have stock (from executing options), and options. What do I need to know? What do I need to ask? [link] [comments] |
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