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Employer of Record

Employer of Record

An Employer of Record (EOR) is a third-party company that legally employs workers on a client's behalf in jurisdictions where the client has no entity. The EOR handles payroll, benefits administration, tax withholding, employment compliance, and statutory requirements while the client retains day-to-day management of the worker's tasks and projects. EORs are used most often by startups hiring international talent without forming entities in each country, and it is the legal mechanism that lets a Delaware C-corp hire engineers in Brazil, Germany, India, and Australia without forming subsidiaries in any of those countries.

The mechanic: the client company identifies and selects the candidate; the EOR signs the employment co...



Article

Funding Stages

Funding Stages

Everything about raising capital, from the first SAFE to the IPO. This cluster covers every named stage (pre-seed through Series E+), the investor types (VC, CVC, angels, family offices, crossover funds, strategic vs financial), the fund mechanics that drive investor behavior (LPs, GPs, fund life, carried interest), the crowdfunding regulations and platforms, the round structures (up, down, flat, bridge, extension), and the closing mechanics that make deals real. 97 entries.

This is the most thoroughly covered cluster in the lexicon because fundraising decisions compound for years.

Named funding stages



Article

Chief Product Officer

Chief Product Officer

Chief Product Officer (CPO) is the executive responsible for product strategy, the product organization, and the alignment between business outcomes and what gets built. The organization includes PMs, product designers, and sometimes product analysts and researchers. The role is increasingly common as a peer to CTO and CMO at modern tech companies of meaningful scale. It is one of the newer C-suite roles, becoming common in the 2010s as product management matured into a distinct strategic discipline rather than a project-management adjacency to engineering.

The scope of a typical CPO covers four areas: product strategy (the medium-term plan for which markets, customers, and outcomes the product organization will pursue...



Article

Regulation D

Regulation D

Regulation D (Reg D) is the SEC framework that exempts most private securities offerings from public-registration requirements under the Securities Act of 1933. Codified in Rules 504, 506(b), and 506(c), the regulation covers essentially all venture financing rounds in the US through Rule 506(b) and Rule 506(c), allowing companies to raise unlimited capital from accredited investors without registering the offering with the SEC. It is the regulatory backbone that makes private startup financing possible, and one of the few SEC frameworks every startup founder needs at least passing familiarity with.

The three rules in Regulation D:

  • Rule 504 allows offerings up to $10M annually to both accredited and non-accredited investors wi...


Article

LLC vs C-Corp

LLC vs C-Corp

The choice between LLC and C-Corporation (typically Delaware C-corp) is the formation decision that determines whether a startup can raise venture capital. The decision also shapes how the company is taxed, what equity it can issue to employees, what investor-related tax benefits (like QSBS) are available, and how much administrative overhead it carries. It is one of the most-frequently-misunderstood decisions, with founders defaulting to LLC for simplicity without modeling the conversion cost if venture fundraising becomes a path.

The decision-driving comparison:

Dimension LLC C-Corp
Federal taxation Pass-through (profits/losses to members' personal returns) Entity-level (corporation pays tax, dividends taxed again at ...


Article

Job Description

Job Description

A job description (JD) is a written specification of a role's responsibilities, required qualifications and experience, expected outcomes, compensation range, and reporting structure. It is used for recruiting (the JD is the primary external-facing communication of what the role is), performance management (it anchors expectations for what the employee should be doing), and legal compliance (employment law requires some level of role documentation). Most JDs are generic, vague, and unhelpful (every JD says "passionate about X, team player, results-oriented"), while the rare good JDs are specific enough that candidates can accurately self-select and employees can clearly evaluate their own performance. It is one of the most-u...



Article

Donation Based Crowdfunding

Donation Based Crowdfunding

Donation based crowdfunding is a fundraising model in which many small contributors give money to a person, cause, or project without expecting return. Contributions are typically processed online through platforms like GoFundMe, Fundly, or Mightycause, with no equity, repayment, or material rewards offered to backers. It is distinct from reward-based crowdfunding (Kickstarter, Indiegogo, where backers receive a product or perk), equity crowdfunding (Republic, Wefunder, where backers receive shares), and debt or lending-based crowdfunding (where backers are repaid with interest).

The model is dominated by charitable, personal-emergency, and community use cases, not startup financing. GoFundMe, the largest donatio...



Article

Republic

Republic

Republic is an equity crowdfunding platform founded in 2016 by AngelList alumni that operates across multiple SEC frameworks (Regulation Crowdfunding, Regulation A+, Regulation D). Its broad asset-class portfolio includes traditional startups, cryptocurrency token offerings, video games (Game.fi and game-studio funding), real estate, and music-rights deals. It is distinguished from Wefunder and StartEngine by its diversification across asset categories beyond traditional equity startup crowdfunding. Republic has facilitated hundreds of millions of dollars in capital across its various offerings since launch.

The platform's product lines:

  • Republic Crowdfunding (the original equity-crowdfunding business): Reg CF and Reg A+ offerings...


Article

Incorporation

Incorporation

Incorporation is the legal process of forming a corporation by filing articles of incorporation with a US state's Secretary of State. The filing creates a separate legal entity distinct from its owners. The new entity gains the ability to enter contracts, own assets, sue and be sued, issue stock, and limit owner liability to the amount invested. The filing (sometimes called a certificate of incorporation) is one of the most-consequential decisions a founder makes in the first weeks of a startup, and one of the easiest to handle poorly because the decisions look small individually but compound for years.

The basic filing process: choose state of incorporation (Delaware is the default for venture-backed startups; home state may ...



Article

User Experience

User Experience

User experience (UX) is the total quality of a user's interaction with a product across usability, accessibility, performance, content, design, and emotional response. It treats the product as the experience the user actually has rather than just the interface they see, covering information architecture, visual design, and microinteractions. The term was coined by Don Norman at Apple in 1993 to capture everything that shapes how a person perceives and interacts with a system, beyond just visual design.

The components of modern UX work cluster into roughly six areas: usability (can the user accomplish what they're trying to do, with what speed and what error rate), information architecture (how content and functionality are o...



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