Congratulations to YC W24 on finishing the batch -- the journey is just beginning!!! 💥
Thank you
@octolane_ai
and RetailReady for co-hosting with us. 📈For founders considering Y Combinator, don't forget to apply by today for
@ycombinator
S24.
Congrats YC W24 on starting
@ycombinator
!!! 🎉
It was our pleasure taking YC founders (including several SF first-timers) on a cruise around the bay. 🛳️
#ycombinator
#founders
Our CEO,
@rajeevbehera
, once pitched his startup to
@a16z
and it was a complete disaster. Marc Andreessen obliterated him. 60 minutes later, he got a verbal term sheet from Lightspeed.
Here's what happened. 👇
We had an awesome evening bowling with Y Combinator W24 founders! 🎳 A huge shoutout to everyone who participated and to
@upsolveAI
for partnering with us in hosting this event 😃
Fundraising is like dating, you gotta play it cool.
If you don't, people will smell the desperation on you.
Here's how to communicate when you raising money for your start-up.
🚨Attention Founders 🚨
We're announcing our 2024 Summer Rewards Program!
- Up to $3,000 Sign-Up Bonus for hashtag
#founders
- 6 months free HR
- 50% off hashtag accounting for 6 months
Click here to book a demo with us and find out more:
Every's all in one back office platform powers world-changing companies like Cleancard. We love working with
@luca_springer
and the entire Cleancard team!
We recently launched a modern bank specifically to serve small startups and SMBs. We also provide corporate cards, web 3 wallets, and bill payments. All for free.
We'll instantly approve former
@brexHQ
customers! Check us out here:
I've sat in board meetings where VCs prematurely think a company has 'product-market fit'. Oftentimes they are wrong, and they mismanage the company due to this miscalculation. -
@rajeevbehera
📊 Accounting: Your Startup's Unsung Hero
Diving into startup life? Remember, accounting is crucial for simplifying taxes and building investor trust. Your financial records are you startup's report card.
Learn about leveraging accounting in our latest piece, link in comments.
Being a first-time founder in a startup can be lonely AF.
You have no idea what you are doing.
You work 24/7, trying to do it all.
This is why we started .
It won't solve all first-time founders' problems, but it will solve all their back-office ones.
🚀 We've crafted an insightful guide about when it’s time to set up accounting for your tech startup.
TLDR; you need basic bookkeeping to file taxes and need more robust bookkeeping once you take on investors for information rights and board meetings.
Founders think hiring for a startup is a huge win.
But the win doesn't actually happen until you figure out how to ramp up the new employee.
____
→ The place where first-time founders can hire and onboard with confidence.
🚀🔥 Founders and Entrepreneurs - it's time to talk Taxes.
That’s why we’re so excited to introduce Taxes 365 by Every!
Taxes 365 covers corporate taxes, R&D Tax Credit, Delaware Franchise Tax, and all other taxes to give you peace of mind.
Building a multi-product company from the get go has better served our customers and enabled our quick growth to $1M ARR. Thanks
@rexsalisbury
who saw our vision early.
Are you ready to file your Delaware Franchise Taxes on Friday? 👀
If you need help filing, here’s our quick guide on how to file your Delaware Franchise Taxes.
The R&D Tax Credit could be your ticket to significant savings, ranging from 5% to 20% of your eligible R&D costs. 📊
🔗 Explore Our Guide to learn how you can maximize your R&D Tax Credit. Link in comments.
First-time founders - you don't need to say yes to every meeting request, networking event, and investor chat.
You're not missing out on a magical opportunity.
Stay focused.
Say no.
If you are not building your product or selling it, you are wasting time.
Relying on QA to catch bugs slows companies down.
Make developers own the quality of their code from start to finish to maintain fast product velocity.
Having engineers test their own work is like teaching kids to cook – a bit messy at first, but totally worth it.
As a founder, you can ignore tasks like payroll and bill payment, but that doesn’t make them go away.
______
Early-stage founders: Let handle your back office tasks so you can focus on the things that really grow your business like R&D and innovation.
@johnrushx
Yep. Super happy. Did all of our taxes, allows us to easily move funds from treasury to money market to checking, and takes care of payroll and invoices.
Integrates with quickbooks too if needed.
When building their first company, our founder
@rajeevbehera
had a mile-long to-do list.
They believed that doing more would make the company better.
Wrong.
Here’s what they’ve learned:
We spoke with a few treasury experts at public companies to devise a strategy ensuring 100% of your cash is gov. backed, spread across multiple banks, and earning yield.
Here is our calendar if you would like to talk through your cash management strategy:
- we will create your treasury plan to maximize yield but ensure you have 6mo of working capital
- we will create an account in your company’s name with
@BNYMellon
Pershing
What's the best place to put excess biz funds? I just realized
@mercury
isn't paying interest on savings accounts (savage) and I have no interest in using their Treasury account.
💰 With tax season coming up, we're doing a webinar for founders on how they can pay 0 taxes on up to $10 million in capital gains via the QSBS exemption.
👇 Comment below with your email if you're interested in joining the webinar on Tuesday and we'll send you the link.
We are live on Product Hunt! Come check us out and spread the love. Our team will be around to answer your questions and comments. We'd love to hear what you think! <3
Many founders think they have PMF. But they don't.
PMF needs to be re-evaluated constantly.
Every year. Every month.
Early adopters? Great.
Penetrate one segment? Awesome.
But can you penetrate another? Can you stay current? Can you pivot with the ebbs and flows of markets?
Congrats YC W24 on finishing YC. We’re excited to celebrate you on April 17th 7-10pm at our YC W24 batch after party with
@octolane_ai
and Retail Ready. It will be a night to remember 🥳
Today is day 101 at SF building
@octolane_ai
It has been 100 days here for me after dropping out of Duke and joining Y Combinator. I can talk about 100 things that we accomplished and failed to accomplished, mistakes I made and things my co-founder and I did right. Instead I
@LunaCentifanti
@bluevine
Wire transfers are free and international wires are $20. Yes, we provide virtual and physical cards with the creation of an account.
@EveryBanking
– accounting, HR, and treasury for founders. Built by
@rajeevbehera
@keep_financial
– a compensation management software for teams to create, manage, and distribute hiring retention packages.
@GetSudozi
– the tool modernizing vendor management and spend requests.
📣 We're super excited to welcome Martin Atmadja to
@EveryBanking
's team !!
Martin brings decades of financial and accounting experience working with CEOs and CFOs from seed stage to IPO tech companies. Most notably,
@AppLovin
and
@Reddit
🚀
@LunaCentifanti
@bluevine
If you need an alternative, is instantly approving bank accounts for Brex customers that are affected! We accept international founders and teams.
The due date for filing 1099s is January 31st.
🚀 Are you a founder navigating the complexities of 1099-NEC filings? Check out our latest blog for a Step-by-Step Guide on How to File 1099-NECs for Contractors.
Ensure compliance and avoid penalties. Blog in comments.