yup, one of the best blogs for a tech entrepreneur out there...

there are a bunch of venture funds there as well, Novak Biddle, NEA, Valhalla, Arpex (new), and others....

apparently it's $150k per startup in a convertible note with no dividend and no cap... sweet deal for any entrepreneur....

can you explain 'convertible note' and 'no dividend' 'no cap'

descriptions of other types of "hair" welcome!

thanks! perhaps you could also post this on the blog post.... have you actually tried this?

Just saw this: "While there once was a historic purpose to such legislation, 47 states (including the two states our community most directly competes with, California and Massachusetts) recognize that such a requirement is no longer in the public’s interest."

Is that actually true? The last person I know who formed an LLC in California had to publish an announcement of his "doing business as" name in the local paper.

not sure.... the more I hear, the less I believe it!

Hmm, some googling turns up that the state of California doesn't require any newspaper announcements for incorporating the LLC, but it delegates the "doing business as" registration to the counties, many of which do require an announcement. Can't seem to find any quick info on which do and which don't, though.

“What has been will be again, what has been done will be done again; there is nothing new under the sun.”