article thumbnail

The Pitfalls Of State And Local Taxation For Startup Companies

YoungUpstarts

298 (1992), which requires “substantial nexus” in the form of property or people to impose sales tax on out-of-state sellers. 298 (1992) which may allow states to constitutionally tax out-of-state sellers with no physical presence within a state. North Dakota , 504 U.S. Wayfair, Inc. North Dakota , 504 U.S.

article thumbnail

A Very Short peak into the Metaverse

VC Cafe

The term Metaverse was first coined by author Neil Stephenson in the novel ‘Snow Crush’ published in 1992. As investors in gaming, entertainment tech and consumer, this is a topic my partner Kevin Baxpehler and I have been actively researching and investing in at Remagine Ventures for the past few years. . What is the metaverse?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Digital Transformation And The Evolution of Apps – What’s The Link?

YoungUpstarts

each retailing at a cool US$4,000, with the first text message (SMS) only sent in 1992. However, it wasn’t until 1983 when the first commercially viable mobile phones went on sale in the U.S. However, the mobile phones available then were large and bulky, and innovation was driven by the desire to communicate untethered.

SMS 164
article thumbnail

How Innovation Can Help Frontier Markets

YoungUpstarts

The frontier market is a term coined by the International Finance Corporation’s Frida Khambata in 1992. This means that these are countries with a lot of potentials but are also too risky for investors to give attention to. Frontier markets are developing countries where it’s risky to invest in, but emerging markets are more stable.

Bahrain 113
article thumbnail

America’s Entrepreneurial Innovation Needs Help

Startup Professionals Musings

Since 1992, Congress has diverted nearly $1 billion in applicant-paid fees already earned by the USPTO to other uses (like the 2010 census), leaving the patent office unable to deal with the threefold increase in patent applications over the last 20 years. Fix the patent office to keep up with the backlog.

article thumbnail

Those Beautiful Nest Eggs

Lightspeed Venture Partners

Tony –working on “iPhone” circa 1992 Me–product manager, having a ball. Not only was he exceptionally gifted technically, he gained everyone’s respect for his integrity and strong convictions about the company’s product direction and overall strategy.

Cofounder 167
article thumbnail

6 Keys To Startup Wins Without Disruptive Innovation

Startup Professionals Musings

For example, you may think that disruptive smartphones were an overnight sensation, but in reality, it took huge investments by several different companies starting in 1992, including IBM, Apple, and Google, before the market really took off in 2007.