I was talking to an angel investor and although they knew I am very early stage, they asked me to register the company as a first step as must. I am quite hesitant since I still have a demo yet, what I am doing is pretty challenging to come up with a functional prototype.

Recently the co-founder “non technical stepped down and one of the expert due conflict of interest” The concept is promising but a lot of work need to be done, I am trying my best.

I am using Atlas stripe and the cost is 500 dollar, should I do or wait. My meeting with angel investor next week. I dont lose the connection with them since they already investing in my domain.

I know I will not get in YC as a solo tech founder idea stage. What you guys recommend me?

  • founderscurve@alien.topB
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    1 year ago

    If you’re accepting cash, you really need a legal entity to handle that, otherwise what is the investor investing in? How will their investment be recorded for legal purposes?

  • DbG925@alien.topB
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    1 year ago

    Think about it from a tax perspective. I would assume that even during development you want to write off your business expenses no?