Harly pfp

Harly

@saftking

525 Following
131 Followers
Harly pfp
Harly
@saftking
If there's enough interest I'll post the legal documents you can chat got and the documents you absolutely can't.
0 reply
1 recast
0 reaction
Harly pfp
Harly
@saftking
Running a business is no different than playing a game.
0 reply
0 recast
0 reaction
Harly pfp
Harly
@saftking
Issuing new shares is not a tax event but selling or transferring your shares to another person is.
0 reply
0 recast
0 reaction
Harly pfp
Harly
@saftking
Sui arguably has the best tech blockchain wise to build on and the language move is not too different from solana's rust.
0 reply
0 recast
0 reaction
Harly pfp
Harly
@saftking
Just quietly waiting for a maplestory remake. Maplestory was stronger than the web3 community back in the day, miss it.
0 reply
1 recast
0 reaction
Harly pfp
Harly
@saftking
Employee share schemes, do you give them straight out shares or options to buy shares? Generally, core team gets shares so long as they stay with the company for a certain period of time. Options are provided to non core team members to purchase those shares at a later date. However, it's completely custom on how you want to run your business.
1 reply
1 recast
0 reaction
Harly pfp
Harly
@saftking
Underrated rpg on the DS Fantasy Life
0 reply
0 recast
0 reaction
Harly pfp
Harly
@saftking
It's very hard to kick out a bad founder if you don't have an agreement in writing sorted out before the comosnt I'd incorporated. What happens if one founder isn't doing enough work or they just disappear? It's not easy to remove their shareholding.
0 reply
0 recast
0 reaction
Harly pfp
Harly
@saftking
Changing your tax residency is not as easy moving country. Often ,you need to do everything possible to show you have no intention of moving back into the country.
1 reply
0 recast
0 reaction
Harly pfp
Harly
@saftking
Just because you set-up in a low tax jurisdiction does not mean you will you'll be privy to their low tax. Corporate foreign control rules might make your offshore company a tax resident of your personal tac jurisdiction.
0 reply
0 recast
0 reaction
Harly pfp
Harly
@saftking
For a startup a SAFE is generally a better capital raising tool than a fixed valuation documentation because it's super hard to value your company at such an early stage!
0 reply
0 recast
0 reaction
Harly pfp
Harly
@saftking
OG stardew valley or would you want to see a revamped 3d stardew valley built on unreal engine?
0 reply
1 recast
0 reaction
Harly pfp
Harly
@saftking
As a Founder, would you use a platform that assessed and provided a metric for the level of a potential employee's innovativeness?
1 reply
0 recast
0 reaction
Harly pfp
Harly
@saftking
Anyone playing one piece tcg?
0 reply
1 recast
0 reaction
Harly pfp
Harly
@saftking
Blockchain is just the precursor for humans to live in a 100% digital world. To me that's the goal of Blockchain tech.
1 reply
0 recast
0 reaction
Harly pfp
Harly
@saftking
Make sure any marketing related contracts have clear and defined deliverables otherwise you're going to have a tough time enforcing the fluff marketing companies put in their deliverables.
0 reply
0 recast
0 reaction
Harly pfp
Harly
@saftking
Be careful with your contractors. If you get a contractor to do work for you, the ip does not belong to you unless you specify in the contract.
0 reply
0 recast
1 reaction
Harly pfp
Harly
@saftking
If you're looking to setup a crypto business in the UAE I'd highly recommend looking at RAKDAO. RAKDAO does not have the large hurdles to release your project that vara and adgm require. They're also super friendly and helpful!
0 reply
0 recast
2 reactions
Harly pfp
Harly
@saftking
Biggest mistake I see founders making is not having a strong shareholder's agreement from the start. What happens if you have 3 founders and each have 1/3 of the company and 9ne founder decides to leave after 6 months? You have a big problem. A shareholder's agreement can deal with problems like that!
0 reply
0 recast
1 reaction
Harly pfp
Harly
@saftking
Did you know as a Founder when raising capital you don't always need to give your seed investors a fixed valuation to raise? You can use a SAFE instead! A SAFE will allow you to determine the value of the company after you've raised the money and built your mvp! Let me know if you want a detailed breakdown on SAFEs!
2 replies
0 recast
1 reaction