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Congrats!

Do you think the US flip made a meaningful difference (presuming you did it for US customer/investor access)? Lucanet is EU, so maybe it complicated it in the end

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We started as a US company in 2019 to make fundraising easier, and I think this did have a material impact. It's operationally quite annoying, but chances are that we would have had to do it eventually, to efficiently employ US people without paying Deel extortionate fees

Thanks! Any tips for optimising the operational process? Most impactful thing that you did to reduce friction?

If you want to do it properly you need to setup an inter-company loan agreement, transfer pricing, you need accountants and tax specialists for both UK and US, ... so the costs will definitely be significant. I don't think there are any shortcuts. Ideally, you find an accountant that is familiar with this setup.

It did make the acquisition process a bit more difficult + US lawyers are more expensive than UK/German lawyers. It's still worth it IMO given how much easier fundraising gets.

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