Re:Ask HN: What to do about healthcare when working on a sta...
by rdlecler1 on Saturday June 06, 2015 @06:46AM
(#9670364)
I would love to see some kind of streamlined startup system. You apply, pay a nominal fee, if accepted--you're then set up with a corporation, standard offering documents, digital captable, vested founders agreements. The government offers HC for companies with less than $1.5m funding and lifts all of the legal overhead associated with employment/compliance issues--at least for a short period of time. Starting a startup is hard, you give up a lot of your life, opportunity cost, take on a lot of risk, mess with your health, and then you have to deal with all of the legal and admin costs--it's a tax on innovation.
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