Launch days are exciting at OCV. To provide our founders a smooth onboarding experience, once the entity formation process is complete, OCV will work with the founding team on the following prior to launch:
Legal requirements
- 83b elections - founders must file their 83b elections and provide proof of mail to the legal team. Notwithstanding personal tax implications, 83b elections can impact a company’s tax withholding requirements in the future, which is one of the due diligence items during later financing rounds. Also see 83b Elections.
Systems
- Founder email(s)
- Group email alias for core business operations
- OCV founder group access (Ops, document access, messaging systems, etc.)
- Domain name transfer
- Payroll service provider (EOR)
- Internal messaging systems
- Access to other required business operations systems
Launch Day announcement
OCV will release a launch blog for each company. Our content team may engage external writers to support this effort. In order to accomplish this as close to the launch date as possible, we’ll work with our founders on the following:
- Creating a company logo (at the founder’s direction, through a 3rd-party designer if desired); see Logo Design for additional tips
- Launching a company website; see Website
- Coordinating a founder interview for the launch blog and reviewing the draft
- Setting up social accounts and determining distribution strategy
Processes review
We’ll review typical recommended processes and workflows related to: