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| z2007-01-30- Nyc Startup Challenges |
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| last edited by BillSeitz on Jul 29, 2008 12:54 am |
There's a decent thread on the [NextNY] email list about big Nyc Challenges for StartUp-s.
This was initiated by Charlie O Donnell scheduling a Live Event for Feb28.
[Jonah Keegan] posted about the thread, and suggested some form of Incubat Or be created.
Apr12: Charlie O Donnell notes some NYC Incubat Or-s that already exist.
[Nate Westheimer] noted a RedTape issue: Forming an LLC in New York State (only one of six states with a publishing requirement) and within [New York County] (the most expensive state to publish in) is not cheap. When all's said and done, your LLC will cost you $2,000.
another commenter noted that you can file your LLC anywhere, so you might as well do it where it's cheap (e.g. Delaware)
an online service I looked at quoted less than $600 for a "full" LLC package in NY, and just $100 cheaper in Delaware. So that $2000 figure above might include some unnecessary fees.
[Nate Westheimer] suggests a collective space, one part cafe (Third Place) and one part office, which could support up to a dozen small resident companies of various smallness, and work-space, geared toward the laptop carrying professional, embedded in a community cafe operated by the members themselves. Since we're all tech people here, I say in in a way we can all understand: "It's "Co Working" meets "Co Operative cafe" meets [NYSIA]... This would be a Non Profit, overseen by a board and very small administrative staff. However, the structure I've put forward doesn't lose money, and by using a cooperative model remains very self-sufficient. Member companies pay for their space and take care of the space, visiting professionals pay modest fees for usage, income from the cafe goes back into the organization's coffers. But let's not lie: start-up money would be needed and backers would have to take risks. A building would need to be bought or a massive space rented. But who would back such a thing? Who do you think backs those Universities on the [West Coast] where VC-s mull around in the halls, looking for deals? Benefactors.
I just re-ran across this [Trend Watching] profile that notes a couple NYC spaces for writers and [Two Rooms], a space offering office space plus [Child Care]. (oops, just noticed that [Two Rooms] has closed down.)
Apr5: [Darren Herman] is aiming to create some space near WallSt. Aiming for $250/day for cubicle with WiFi.
Oct24 update: another thread covering similar territory.
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