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mattheweron My Startup: tracking real world trends - thoughts? suggestions?

Quick background: we are just two guys (24,25) who left our jobs and started this site. We have been working on it for months, and would love some constructive feedback. Thanks!

mattheweron Creating a startup in the U.S.

http://www.launchboxdigital.com/ - based out of DC. Pretty new. Saw them present @ tech meetup in NYC.

mattheweron Ask YC: incorporation or LLC for new startup?

We went with an S-corp and I recommend that as well. We had an attorney work with us. While it was expensive, in the end it was worth it. Good contracts do nothing but protect you and make sure you have an investable company. I think it is worth the expense.

mattheweron Ask YC: Prerequisites to quitting?

Thanks man. Just make sure you are on top of your business documents (contracts/tax information ect.) My least favorite thing to deal with, but ultimately very important.

mattheweron What's the best way to get started?

Any idea the direction you want to head? Or what are you into? Want to stay with Image design or storage systems?

mattheweron Ask YC: Prerequisites to quitting?

Hi. I left a job at Yahoo and my co-founder left a job at live-nation to start our company. I left about a month earlier and got our paper work together (business documents and the like.) I was also able to raise a little money from friends and family before we started. We have not taken a salary in months, and both of us have been living off our savings. We are young (25/24) so money is tight.

We had an idea, but could never have gotten things started if we didn't take a leap of faith. Quitting and getting things moving is the hardest thing to do. The first month feels very scary. We only had an idea, but in my opinion it was worth it to quit. I hope this helps.