Fraud, Fines & Founder Delusions: A Masterclass

Ur Startup Sucks - Issue 1

Author

amber welch
March 12, 2025

In partnership with

You're In For It Now

Brutal Truth

"Your Idea Isn't Special (But That’s Not the Problem)"
Every founder thinks they have the idea. The reality? Someone has thought of it before. The difference between a failed idea and a billion-dollar startup isn’t the concept—it’s execution. How well you build, market, and adapt determines success, not the brilliance of your idea. So if you’re still keeping your concept “stealth” because you’re afraid someone will steal it, congratulations—you’ve already lost.

Regulations & Red Tape: The IRS Hates You (and Your Startup)

Bruce read Rev. Proc. 2024-28 so you don’t have to... but now he needs a tax attorney and a nap.

Rev. Proc. 2024-28: The IRS Finally Admits Crypto Exists (But Not in a Cool Way)

Big news: The IRS has graced us with Rev. Proc. 2024-28, their latest attempt to make digital assets slightly less of a tax nightmare. The main takeaway? They finally acknowledge that yes, crypto is a thing, and yes, you might actually need guidance on how to handle it. Revolutionary.

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