I have a simple idea (I think it is not patentable) that I have turned it into an effective software. It need some more effort to make it commercial. By the way I am not unwilling to sell it to THE...
For that past few months, I've been building a product that targets a specific niche. The kind of product I have been building hasn't been around the marketplace, and I knew there is a...
I've been through several rounds of technical (software developer) interviews at a start-up and have done pretty well. I've been invited back for the final round which will be with the CEO. I...
It appears that in order to raise angel investor financing for my first-of-it's-kind product startup ($500K+ minimum) I will have to give up the whole dream within a few years in an exit...
An obvious point is if there is no sales for a given period of time and if your costs keep piling up, you have to close down. But if the product was not sold like hot cake but had some sales...
Upon sale of an LLC, how would I express the values of intangible assets the LLC has generated (e.g. certain access rights, processes and procedures, IP, and customer relationships)? These are...
I have a software prototype that integrates with a product from BigCompany (like really, really big). I predict it would take 6 more months to polish it so that it's of commercial quality. But I'm...
We wanted to start a little startup, but things changed after a big company asked us to do some modules, and after being in talks, we thought now that it will be best to start with the small that...
I have been one of the 3 co-founders/founders (all 3 have equal share holding) of a seed funded low revenue startup for about a year now. I have decided to leave the company while my partners are...
I'm staring well a start-up :) Currently we are using internal funds, and by estimates it will last for a good while, but if our growth(users servers etc.) exceed our sales, sooner or later we will...
So I have a small S-Corp incorporated in New York State. The company really hasn't made any money, and is currently only used to hold a piece of IP. Both the President and I (the Vice President)...
In my first letter to Angel investors that describes my work should I include a description of my exit strategy? And if that is something I should include, what all should I include in describing...
In the development of a solid business plan -- whether written for a formal purpose or as an internal document to focus the activities of the leadership -- there is the identification of the...
Can anyone tell me the mechanism by which a UK technology business is acquired? Does the acquirer usually buy: all the outstanding shares in the limited company, or, all the assets and...
Many companies are started by people who dream of one day drinking pina coladas on the beach after exiting their business in some fashion. Of course many fail to deliver on that dream, and some of...
I have an idea in global commerce area and I am trying to develop it to a software product. I shared my thoughts with several experts and got their positive feedback. Currently, I am working on a...
I have received a great offer for the domain name techhotbed.com and techhotbed.net (all of which I own under a company name). A very powerful blog building company approaches me last week and made...
Does software alone have any value to sell? If your start up fails for whatever reason but you have a software product built but not patented can you sell your company and to whom would you...
I'm working on a startup that is providing web-based application. We have over 600 paying customers, which is 5% market share in that particular niche. It takes 2 persons to drive this business,...
What types of things might I think about and incorporate into my operating agreement as it relates to a "divorce strategy" (either amicably or not). Please respond with good questions my partner...