Steven-Clarke
📅 Joined in 2010
🔼 207 Karma
✍️ 31 posts
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(Replying to PARENT post)
There are options and advantages to operating outside the US. US timezone, a USD economy and a territorial tax system makes it easy to operate from my home country.
interview on this topic: https://www.youtube.com/watch?v=BzUAJzKb8bA
(Replying to PARENT post)
"The Tax Cuts and Jobs Act was enacted more than five years ago, but certain changes under the legislation are only now coming into focus as taxpayers prepare their 2022 tax returns. In particular, there are significant changes as to the deductibility of certain research and experimentation expenses, as well as the ability to utilize net operating loss (NOL) carryforwards. These changes may result in greater tax liabilities for companies and may also affect certain qualified small business stock eligibility requirements".
ref/ https://www.cooley.com/news/insight/2023/2023-04-28-startups...
(Replying to PARENT post)
https://www.wsj.com/articles/andreessen-to-open-london-offic...
(Replying to PARENT post)
1. Global Talent and Diverse Perspectives: DAOs and open-source projects, by their nature, often operate without geographical boundaries. This allows them to hire and collaborate with talent from all over the world, bringing in diverse perspectives and expertise that can be crucial for R&D and innovation. The traditional model of keeping all operations within a single country might limit access to this global talent pool.
2. Decentralization as a Strength: Decentralized structures can offer resilience and flexibility. In a world where geopolitical tensions and conflicts can disrupt traditional business operations, a decentralized model, with no single point of failure or control, might actually reduce certain risks. Intellectual property, in this case, isn't concentrated in one jurisdiction but is part of a global network, which could mitigate the risk of loss due to regional conflicts or regulatory changes.
3. Innovation and Experimentation: The open-source and DAO model is fundamentally about experimentation and pushing the boundaries of what's possible in technology and organizational structures. By embracing these models, companies can participate in cutting-edge developments and explore new ways of working that might not be possible within the confines of traditional corporate structures.
4. Intellectual Property Considerations: While there are legitimate concerns about IP protection, decentralized and open-source models often operate on a different paradigm regarding IP. The focus is less on ownership and more on collaboration, community, and building upon shared knowledge. In many cases, the value generated isn't from the IP itself but from the community and ecosystem that develops around it.
5. Regulatory and Tax Implications: It's important to acknowledge that regulatory and tax environments are significant considerations. However, for some organizations, the benefits of global collaboration and access to decentralized structures might outweigh the simplicity of operating within a single jurisdiction.
example/ Optimism $100 Million for Developers - Announcing RetroPGF Round 3 Recipients https://optimism.mirror.xyz/37Bgum6MfTJWDuE41CH9RXSH5KBm_RCL...