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Colin Keeley

Buying wonderful internet businesses & teaching others to do the same

Colin Keeley is an accomplished individual with a strong background in business, entrepreneurship, and venture capital.

He holds a Master of Business Administration (MBA) from The University of Chicago Booth School of Business and a BA in Economics & Mathematics from Macalester College.

Colin is the Co-Founder of Verne and has previously founded Indie PE, Bevy, and been involved in various other ventures such as Indie Acquisitions, Builders VC, and Breakout Capital.

His diverse experience spans across different roles including Founder, Podcaster, Investor, Venture Capital Associate, and Product Manager.

Colin Keeley's expertise and insights are highly valued in the business and tech community, making him a sought-after professional in the industry.

Highlights

Aug 22 · twitter

Do you go LLC or C-Corp for a new software company today?

Quick way to think about it...

Run it for cash flow? Go LLC to minimize taxes (30% vs 40% tax on dividends). C-Corps get double-taxed with corporate and personal tax rates.

Expect a meaningful stock sale in 3-5+ years? Go C-corp to qualify for QSBS in a sale. Pay 0% if it sells in an equity sale in 5 years. Note: Most small software companies sell in asset sales and don't qualify.

Plan to reinvest or make acquisitions for growth? Go C-Corp since it can keep cash in the business at the lower corporate tax rate (21%).

Talk of Trump decreasing the corporate tax rate from 21% to 15% to make these dividend taxes more even and a C-Corp the obvious choice, but it looks unlikely now.

Cashflow is the far more likely path for most software companies, but the tax savings with QSBS are huge (0% vs 24%) if it does sell in an equity sale after 5 years.

What are you choosing? Why?

Jul 2 · twitter

One Medical at $8 / month has to be the best deal in healthcare.

  • Same day appointments without waits
  • Tests, scans, medicine with a text
  • Slick app for everything

Basically a concierge doctor for a coffee a month. https://t.co/sBMRUca0w9

One Medical at $8 / month has to be the best deal in healthcare.

Same day appointments without wait
Colin Keeley
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Location

Chicago, Illinois, United States