alt Hacker NewsStartups but definition have no revenue.
Its also a chicken and egg problem. Having a revenue means having a company and vice versa. Unless you're in very old fields, which explains lack of new tech companies in Germany
Startups but definition have no revenue.
Its also a chicken and egg problem. Having a revenue means having a company and vice versa. Unless you're in very old fields, which explains lack of new tech companies in Germany
> Its also a chicken and egg problem. Having a revenue means having a company and vice versa.
How would you pay your employees making the product/service that will eventually bring in the revenue? That's what "own capital" is for.
Typical LLC/JSC will have at the very least one employee -- the CEO -- and that will bring one minimum wage worth of expenses (sort of). There are legal entity types that can function without employees with shareholders sort of self-employing, but those are not universal across the EU.