Arjun Mahadevan - Doola: Start a U.S. company from anywhere in the world

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Summary

In this conversation, Arjun Mahadevan, founder and CEO of Doola, shares his journey from Dropbox to creating a platform that simplifies business formation for global entrepreneurs. He discusses key lessons learned from his time at Dropbox, the importance of validating startup ideas through customer feedback, and the balance between technology and human interaction in service delivery. Arjun emphasizes the advantages of incorporating in the US, the significance of content marketing, and the evolving landscape of global entrepreneurship. He also touches on the challenges of maintaining compliance and the future of work culture at Doola, which embraces a hybrid model.

Chapters

00:00 Introduction
00:50 Dropbox
05:07 The birth of Doola
11:07 The power of content: Building trust and credibility
14:37 Doola's identity: Fintech, Compliance, or something else?
17:01 Advantages of incorporating in the US
19:27 Choosing the right legal entity for startups (LLC vs C-corp vs S-corp)
23:21 Costs and requirements for maintaining an LLC
29:07 Navigating international payments and taxes
33:59 Opening US bank accounts remotely
34:44 Reimagining the US Incorporation System
36:00 The future of global entrepreneurship
37:22 Remote Work vs. Office Culture
40:31 Rapid Fire Questions
44:24 Closing remarks

Takeaways

  • Arjun Mahadevan emphasizes the importance of bias to action in startups.
  • Doola aims to simplify the business formation process for global founders.
  • Content creation is crucial for building trust and acquiring customers.
  • The US consumer market offers significant opportunities for global entrepreneurs.
  • Choosing the right business entity depends on funding needs and growth plans.
  • Delaware remains the preferred state for incorporation due to its legal advantages.
  • Maintaining compliance is essential, even for businesses with no revenue.
  • Understanding the difference between DBA and foreign qualifications is key for founders.
  • Non-resident founders can open US bank accounts without visiting the US.
  • The future of entrepreneurship is increasingly global and remote.

About the guest

Arjun Mahadevan
Arjun Mahadevan is the founder and CEO of Doola, a YC backed fast-growing startup that helps global entrepreneurs easily launch and run U.S. businesses from anywhere in the world. With a background in product and growth at Dropbox, and an academic foundation from the University of Pennsylvania, where he
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About the host

Albi Zhulali
Albi Zhulali is an Albanian technology entrepreneur. He is the founder and CEO of EU Presence, a platform that makes non-EU businesses achieve regulatory and operational compliance within the European Union. Albi also invests in early-stage startups through Founders Catalyst, a venture studio that supports promising entrepreneurs. Prior to EU
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