Today’s Menu ☕️

• NYC Tech Breakfast Club May 15th (with Will McKelvey)

• Harbinger x Tech Breakfast Club May 22nd (SoCal)

• Return the Fun(d)/Sam Altman Lookalike Contest (June 8th)

• Citrin Cooperman

👋 Hi, Breakfast Club Members!

Thank you Tom @ Citrin Cooperman for sponsoring today’s edition. Tom works with the fastest growing tech companies on tax/advisory

Big stretch for Tech Breakfast Club coming up - we have NYC Tech Breakfast Club tomorrow and our event with Harbinger (combination breakfast, factory tour, and test drive) next Thursday in Garden Grove, CA. The guest list is pretty much set for NYC but there’s always some room (potentially standing room only) for the right founder.

Now for the big announcement 🎉 

I’m working for the City of El Segundo

Over the next year, I’m going to proudly fly the flag of El Segundo everywhere I go and tell anyone who will listen: no city in America is doing more to solve hard problems. My goal is to help El Segundo win so big that it becomes the blueprint for municipalities looking to foster innovation.

I love America. My ancestors settled, built, and fought for this country. If America doesn’t succeed, there’s nowhere else to go.

America wins by solving hard problems with hard tech. At its best, our government helps our brightest people do just that—whether it’s John von Neumann at RAND, Kelly Johnson at Lockheed, or Palmer Luckey at Anduril.

Whether you’re cloud seeding, revolutionizing nuclear power, building weapons to stop WWIII, or solving some problem none of us are even thinking about yet, the City of El Segundo wants your business. Elsewhere in California, you get red tape. In El Segundo, it’s the red carpet. The government is responsive, looks for ways to say yes, and wants you to win.

El Segundo was built by oil men seeking their fortunes at the frontier. It answered the call of history in WWII and built the Dauntless bombers that won the Battle of Midway. And today, it has begun the tech renaissance that will power the next American century.

If you’re investing in hard tech, building hard tech, or just identify with the mission I’m on - I’m asking for your help. I’ll be traversing the nation talking to founders, VC’s, researchers, engineers - anyone who will listen - about El Segundo. If you see me at a conference or an event or on the street in NYC or SF or even just on X - say hi. I want to hear about what you’re working on. 

And if it makes sense for you to set up shop in El Segundo, I’m here (24/7) with all the resources, contacts, and knowledge to make that as seamless as possible.

I’ll share more shortly.

Resources:
-Clerky offers a $100 discount for TBC Members on their formation packet. Reply to the newsletter and I’ll send you an invite
-Fixing the YC SAFE: Reply to the newsletter and I’ll send you a redline for the YC Postmoney SAFE that can save founders millions in dilution
-Ramp is offering a $500 bonus to TBC members when they start using Ramp.
- Free Zendesk for 6 months. Time to scale your customer service? Talk to Zendesk

Tech Breakfast Club Events

NYC Tech Breakfast Club May 15th
Come congratulate Will McKelvey on Lerer Hippeau’s 9th fund (enough is enough guys, we get it, you like startups!)

Harbinger x Tech Breakfast Club (Factory Tour & Truck Test Drive) May 22nd
Come eat breakfast and see electric delivery trucks. So pumped for this. Harbinger has been quietly executing on a grand scale.

Return the Fun(d) and Sam Altman Lookalike Competition June 8th
Drinks and DPI for NY Tech Week

Tech Breakfast Club 🤝 Citrin Cooperman

Meet Tom Porricelli, Partner and co-leader of the Technology practice at Citrin Cooperman

Tom - I’m seeing a lot of startups use Citrin from the start. How does Citrin work with early stage startups?
We offer a fixed-fee program for early-stage companies that includes business tax return preparation, outsourced bookkeeping, and access to advisory services like the R&D credit and QSBS. The goal of the program is to provide guidance on issues that many early-stage companies may not have the answers to or know how to handle. In other words, we’re here to help them get their “house” in order. We've found that there are often key missteps at this stage that can lead to costly and time-consuming clean-up if not addressed properly from the start.

We’ve designed it to be as simple as possible, bring us in at the beginning so you can focus on running your business or - “focus on what makes your beer taste better”

Hah, I like the Jeff Bezos AWS reference and there’s definitely some similarities. Basically, it’s like infrastructure for running your company. 
You’re trying to build an incredible company. Any part of your brain that’s worried about tax compliance or how to maximize tax credits in multiple jurisdictions or company structure, or should we be recording this as a debit or a credit, that’s taking away from your core mission.

If people want to chat with you or learn more about Citrin Cooperman, what should they do?
Feel free to connect on LinkedIn or email me at [email protected]