Your 2025. Crunched. See yours now in the Granola app.

Excited to introduce the company I've been working on for the past ~18 months Taxwire.com. Taxwire solves sales tax compliance for founders, finance, and accounting teams scaling across multiples states and countries. Our customer base spans SaaS companies like @Pulley, e-comm brands like @TilitNYC & @Italic, retro video games makers like @modretro, modern media cos like @PirateWires, and many other modern and legacy industry businesses alike. We also partner with several accounting firms to solve sales tax for their clients and internal accounting + tax teams. We can handle both simple and deeply complex businesses. Our products and services help companies: 👇 - Understand tax exposure & nexus – in other words wtf you should be doing about sales tax - Fix messes – clean up messy tax situations (e.g. we went from 0 to $10M in revenue and have collected no taxes) and/or save money on historical tax liabilities (e.g. avoid getting wrecked by penalties from governments for historical taxes) - Register – get and maintain licenses, registrations, and permits required for collecting/remitting taxes - Calculate tax rates – collect taxes accurately across your billing + payments + commerce stack - File & pay tax returns – autofile recurring tax returns & payment remittance Common scenarios where Taxwire makes sense for scaling companies: 👇 - Companies getting sales tax compliant for the 1st time – e.g. you haven’t been collecting sales tax (even though you should) or you just started to cross meaningful revenue thresholds ($1-2M in revenue). - Switching from Insert Legacy Tax Provider – If you’re switching from another tax software / services company, not only can we make the switch easy (e.g. we do the migration heavy lifting + buyout your existing contract), but we can also find + fix previous tax errors, potentially recovering thousands of dollars in overpaid taxes. - I have no f*cking clue what I’m supposed to be doing. Pls help. – We got you. Have helped a bunch of folks figure out a no B.S. take on what they need to be doing with sales tax (if anything). A good example of scenarios 1 and 2 – we recently helped our friends at Italic recover over $200k in overpaid sales tax within their first month post switching from their original provider. --- Why sales tax compliance? Well, global transactions taxes (aka indirect taxes as the tax pros call it) are a much bigger problem space than most realize. Before the internet, sales tax was a Fortune 500 problem. Walmart has a sales presence in damn near every jurisdiction in the world. Post-internet, we have e-commerce, marketplaces, SaaS, remote work, AI, etc. Every company by default sells across multiple states and/or countries. Regulatory changes in the US and abroad have made collecting and remitting sales tax, VAT, and GST a problem for virtually any company with material sales in more than one tax jurisdiction, with or without a physical presence. Our goal is to solve indirect tax compliance globally - for every jurisdiction, product, tax filing, and edge case. From initial compliance all the way to defending audits from the gov. It's a big, complex problem space. We're just getting started and have much work to do. If you’ve dealt with or are dealing with sales tax compliance for your business or clients, I’d love to chat and see if we can be helpful. My personal phone number is 513-520-1578. My DMs are open. Or email me at andrew@taxwire. Happy Monday.🫡

Announcing something new tomorrow. ❤️ to access alpha.

Today I'm launching @asylumventures, a new venture firm dedicated to the creative act of building companies. Asylum's first $55 million fund is an embodiment of my belief that founders are artists, not assets:

Can vouch for ma man @andrew__rea To add onto this as well, which he didn't include in his tweet. You have to deeply care about the growth of ppl around you. Andrew's also the guy you call up when sht hits the fan Do good work & raise the ppl around u when u do

I am pleased to announce some incredible news. So excited to join @awilkinson for the next chapter of @HappyFunCorp . We could not have asked for a better partner and team to join forces with as we grow. @wschenk thanks for all the walks. Love you. techcrunch.com/2023/07/03/ti…

Episode 18 of @wannabe_Angels with @samhuleatt is live! 🔥 In this episode, @TheRideshareGuy and I talk to Sam Huleatt. Sam is a seasoned startup veteran active in the venture capital scene. He is taking some time off to explore and actively invest.

Had a chance to talk with @harrymccracken and Fast Company about developer terminals and how we’re reimagining the command line with @warpdotdev It's a great read. fastcompany.com/90907013/war…

By far the most frustrating part of leading a syndicate is the reliance of LPs to have a Tier 1 lead investing alongside the deal (especially at pre-seed). That is obviously not how decision making should work, but it is.

1/ Today we're officially unveiling Credibly Neutral, a $5.5m builder-led early stage venture fund investing $50-250k in protocols, infrastructure, and crypto SaaS solutions. It is co-founded by @LisaCuesta and @ViktorBunin, and we're thrilled to tell you about it:

Substack launched a community round at a $650M valuation (same as 2 yrs ago from A16Z). Substack is great, but investors in a company at this stage should be able to see financials IMO. Listing does not show revenue (which I've seen projected @ ~$20M) wefunder.com/substack/