Starcycle

“Starcycle consolidated everything I needed to execute my shutdown and saved me at least $6,000 in legal fees and dozens of hours trying to scope out the process myself.” When a ClimateTech founder came to us, they were overwhelmed by mounting legal fees and a maze of paperwork. We provided clarity, savings, and peace of mind during one of the most challenging moments in their journey. If you’re considering winding down, let us guide you. Your story doesn’t end here—it’s just the beginning of your next opportunity. https://starcycle.ai

Why do we idolize "fail fast, fail often" but still avoid talking about failure as founders? In a world where success stories dominate, it’s easy to think you’re the only one navigating the lows of entrepreneurship. But that’s far from the truth. Our founder gets real about her own journey in this candid op-ed in Digital Frontier. From the emotional toll of shutting down ventures to finding the courage to rebuild, her insights are a must-read for any founder. https://buff.ly/4gvrYy8

As 2024 winds down, it’s time to start planning for a smooth start to 2025. Here are a few important tax dates to keep on your radar this January: 📅 January 15 Final estimated tax payment for 2024 is due for self-employed individuals. Make sure taxes on income earned from September through December 2024 are squared away! 📅 January 29 The 2024 tax season officially begins! The IRS will start accepting and processing federal tax returns. 📅 January 31 W-2 Forms: Employers must send W-2s to their employees by this date. Form 3921: For corporations, this is the deadline to provide employees with Form 3921 for stock transfers from incentive stock options. 1099 Forms: Independent contractors, gig workers, and those with non-employer income (like royalties or dividends) will start receiving various 1099 forms. ✨ Staying ahead of these deadlines means less stress and a more focused start to your year. At Starcycle, we’re here to help founders navigate transitions and plan for what’s next. Whether you’re preparing to grow or considering other changes, let’s make 2025 your most confident year yet. Need support? Visit our website or schedule a consultation today → starcycle.ai

“There are so many ways to fail at something, but the lessons are in the details.” Building a business is never easy. Failure can feel like the end—but what if it’s just the beginning? In her latest interview, Jaclyn Siu shares the hard-earned lessons with Digital Frontier from her own journey of shutting down ventures and why those experiences shaped her mission to help other founders. ✨ Discover her story and her message for every entrepreneur: https://lnkd.in/gVPgUh4N

We're excited to announce our new partnership with Rho, the leading business banking platform with everything you need to manage company cash and grow your business. Every startup founder journey is different; some end in gloried exits, while others go through the painful process of pivoting or shutting down altogether. In line with their efforts to support the founder ecosystem, starting today Rho customers now receive preferred pricing and priority access to Starcycle's shutdown services. Rho's community efforts and support to founders is second to none. We’re proud to partner with Rho to show up for builders, and empower them to get through operational hurdles quicker, at the moments that matter the most. https://lnkd.in/eDqcvAin

🕒 As the year winds down, it’s time to think about what 2025 means for you—and your company. After a long weekend of reflection, you may find yourself asking: Is this the right moment to close this chapter? If you’ve been on the fence about shutting down your business, here’s something to consider: closing before December 31 could spare you the stress of navigating 2025 taxes. By taking action now, you can free yourself from next year’s financial and administrative headaches—and start the new year focused on what’s next. At Starcycle, we’re here to guide you through this challenging decision with empathy and expertise. Hey, we've been there before. Don’t let the calendar catch up to you. Book a consultation today to explore your options and close out the year with clarity and peace of mind. Slots are filling quickly—schedule your call this week to ensure everything is in place before year-end ➡️ https://starcycle.ai #Founders #StartUpLife #PlanningFor2025

Small Business Saturday is almost here, and we’re all about celebrating the courage, creativity, and grit of small businesses everywhere. Every small business is more than just a company—it’s a story. Of late nights. Of big dreams. Of communities coming together. And of course, endless rounds of coffee. This year, we want to shine a light on the businesses that started fresh in 2024. Whether it’s a SaaS tool that’s changing how you work, an app that’s simplifying your daily life, or your own labor of love—this is their moment to be celebrated! Tag a small business you’ve seen thrive this year, or share the one you’ve built yourself. Let’s give them (and you) the recognition they deserve and spread the word about the incredible entrepreneurs shaping our neighborhoods and economy. #SmallBusinessSaturday

No one launches a startup without deep passion for their original idea — so how do you decide when it's time to pivot? A big thing to consider, says Dave Rosen, former CEO of WIMO Games, is your set of core assumptions: "When you launched the business, you made certain critical assumptions about market size, customer interest, or foundational technologies. If [there's evidence that a change in those assumptions] means a significant increase in risk, it’s time to pivot." Read more of Dave's wisdom on Starcycle: https://lnkd.in/eYs-zm6E

Breathe in ... Breathe out 🧘♂️ We're here to help, so that you can focus on what's next. Shutting down is hard. Let us melt your stress away. ___ Looking for additional support? Book a free, confidential consultation with us to explore your options → https://starcycle.ai

You can learn so much from successful founders, but I'd argue that, perhaps, you can learn even more from founders who have failed. Grateful to my co-panelists Jason Patel and Akshaya D. for sharing the stage with me last week to open up about our own journeys and what it really means to get the wind knocked out of us, over and over again, and still get back up to build another day. It was a raw, honest hour-long dialog that quite frankly I'm still processing. Plenty of laughs were had — and even more moments of reflection, which will undoubtedly be the topic of my posts for the next few weeks. In the meantime, until I find the words, a round of thanks goes to: ❤️ Jessica Shen of Asian Founders Club for co-hosting and moderating; 💙 Victoria Lee and the Welcome To Chinatown team for having us at their brand new Small Business Innovation Hub; 💛 our food and drink sponsors, MìLà and Jumo, for feeding and hydrating us; 💜 the Starcycle team (Khadijatou Dibba, Evelynn Mak, Leshan Wang) for helping everything run smoothly.