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Re:An App Store Experiment by andrewljohnson on Thursday June 20, 2013 @01:35PM (#5913417)
There are no taxes if you spend it all.

And as a person who runs what you think of as a "real" company, I still don't like the sentiment that people who are trying aren't real companies.

Re:An App Store Experiment by Domenic_S on Thursday June 20, 2013 @03:37PM (#5914386)
> There are no taxes if you spend it all.

Tell that to EDD & the FTB ;)

A 1 or 2 person company can be a "real" company. I would love to co-found a 2 person company that did $30k/month, and I'd be proud of it.

But let's not pretend that trying is enough. Being a "real" company is hard. It takes a lot of planning and effort to be square with EDD/FTB/IRS/insurance, cut paychecks on time, pay your partners/vendors, keep PTO records & pay set aside the right way, and so forth. Doing those things is something to be proud of, and something a lot of startups that call themselves companies and give eachother CxO titles don't do.

I think companies who actually take the time, effort, and expense to run those things right -- and have the scale that makes doing those things make sense -- deserve to be called real companies. Just one man's opinion.

Re:An App Store Experiment by andrewljohnson on Thursday June 20, 2013 @09:28PM (#5915975)
Based on how it was said, I assumed corporate taxes. So sure, you need to pay your 800 bucks to the state of California (if you even operate here), and a couple points for payroll tax.

But it's just the sentiment I don't like. If young entrepreneurs give themselves trumped up titles and dream of grandiose things, that doesn't disgust me at all. Perhaps a wry smile, along with some encouragement.