TL;DR: There needs to be a division between the companies depending on whether they posses a competitive advantage (s), unfair advantage (s), or defensibility features. I dare to make three categories: a) Weak, defined by owning only “competitive advantages”. Their growth is capped. Highly susceptible to competition. As a result, they may go out of the market in the shortest period. Though they...
The best payment gateway(s) for startups: what to choose for different business models
Last update: 10 July 2021 (please, see important updates on Adyen, CurrencyCoud, TransferWise, plus new sound payment gateway – Tipalti). INTRODUCTION Many international payment gateways exist on the market already, and startup founders often struggle to choose the best one. In this article, I will present in detail (Part I) the top payment gateways (some of them are underappreciated), and...
How to register a company in the USA: comprehensive guide for founders
I am sure that anyone who ended up here had spent much time already trying to figure out how to incorporate a company for their startup the USA. At least it was my case as we were initially located in Russia. I personally read tens of articles, instructions on Quora, IRS, blogs, and forums and still, there was a gap in my understanding even though I was a lawyer myself. Why? Because usually such...