Mike Rose and Eric Gonzales, Managing Directors at Montage Capital, spoke at the ASL Emerging Business Group’s best practices seminar on the topic, “Understanding Venture Debt & Equity.” In this podcast, Mike and Eric share that there are a number of different options available for companies in the early to mid-stage that are not traditional venture capital equity.
Historically many Silicon Valley start-ups have been unable to generate immediate benefit from the R&D credit because of having no taxable income. The law changed with 2016 tax returns. If you have qualifying research activities and expenditures in 2016, you can now use the credit to offset payroll taxes in 2017. This new and exciting benefit is for start-ups that have gross receipts for five years or less, and less than $5 million of gross receipts in 2016. (more…)
In a previous Emerging Business Group seminar, we talked about the importance of diligent learning. In case you missed it, here is a snapshot:
Some experts on learning say the world is changing so rapidly that only fifteen percent of what we know today is likely to be relevant in five years. So, in five years our knowledge will be 85% irrelevant unless we are diligent learners. Diligent learners are not necessarily the smartest people, but they usually surpass the smartest people, like the tortoise and the hare, in their accomplishments. They know how to persistently learn. Diligent learners are on a constant trajectory in gaining relevant knowledge; while the relevant knowledge of average learners decreases over time. Here are two attributes of diligent learners: (more…)