[systemaccount]

Incorporated last month and want to make the first deposit ASAP. We plan to transfer 1K a month from our personal savings for the next year (or until its no longer needed) to cover basic operating expenses, like hosting. We both still have day jobs.

[dustingetz]

so if YC takes 7% seed round takes 23% esop 10, series A takes 25% for 8M$ which is your first priced round and the safes convert, so assuming no angels or friends & family round, VCs have 45 esop 7-10% after dilution, founders splitting 45 so 22% each, so the special $20k safe for bootstrapping costs will convert at 5M cap or something so we’re talking about a balance of 20k/5M = .4% or something ... just get a credit card

[dustingetz]

maybe get a credit card for the business and split the bill each month?