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That’s the conversation. on In the newsroom, people are willing to pay $8 to $20 a month for the blue checks they post on Twitter. Alex’s take was particularly sharp… “I’m not interested in funding your nonsense project. – Christine And came
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Startups and VCs
iPad-based restaurant management platform TouchBistro has secured $110 million in growth financing from Francisco Partners to accelerate its growth, expand its product pipeline and make some strategic acquisitions. Christine Reports.
How about some great tunes:
Prepare to offset: Inflation can spell doom for R&D tax spending.
Image Credits: Fancy/Veer/Corbis (Opens in a new window) / Getty Images
The US federal government has made R&D tax credits available for decades, but a major change proposed this year will affect startups across the board.
In the past, R&D costs could be expensed upfront, but now “those costs need to be amortized over 5 years for domestic research and 15 years for foreign research,” says tax attorney Andrew Leahy.
Because many startups “invest most of their R&D costs in the first year of operation,” many can wait a “lifetime” to recoup those costs.
High inflation has stymied efforts to repeal inflation adjustment requirements, so Leahy shared strategies many companies can use to “make the law work.”
Three more from the TC+ team:
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Big Tech Inc.
As always, we have all the Twitter news worthy of posting. We promise to keep it short today because we have some other great news to share. However, we want to point out that Elon Musk likes to tweet his thought process, so the news is changing as the wind blows.
Here’s what you need to know today: Mask on Twitter Blue and ad-free news stories (both on Ivan), while Amanda It reports the company’s chief customer officer, Sarah Personett, who resigned today. The move comes as a surprise considering she tweeted positively about her conversation with Mack last week. Meanwhile, at Mastodon, things are happening. Sarah He wrote.
And we have five more for you:
