SimpleClosure is a venture-backed startup working on using technology to simplify the complex task of shutting down a business. Tailor-made for startups: bootstrapped and venture-backed companies, we handle all closure-related tasks. We take the process of shutting down from months and years to day and weeks, all while making sure it's done right.
External link for SimpleClosure
SimpleClosure reposted this
Had to do a double-take at Times Square today — that’s our SimpleClosure logo up there! Proud to build technology that helps founders, and even prouder to do it together with my kickass coworkers. In the spirit of the holiday, I'm grateful for our customers who trust our platform, our investors who back our vision, and our amazing team who makes it all possible. And thanks Brex for the spotlight.
We are proud to be named 'Legal Entity Management Solution Provider of the Year' by LegalTech Breakthrough. This award recognizes our work in modernizing the business dissolution process. What traditionally takes months, we've streamlined to just weeks - giving founders a clear path forward. Thanks to our team and clients who made this possible. #LegalTech
SimpleClosure reposted this
4x Exits | Raised $100M+| Helping Founders w/ Capital Strategy | MD @ Thunder.vc | Podcast Host | Angel Investor
What founders fear most isn't failure - it's discovering their company can't legally die. 🚫 The harsh reality most founders don't know: • You can't shut down with $0 in the bank • Average shutdown takes 9-12 months • Costs can reach hundreds of thousands • Personal liability risks last for years 💡 From Dori Yona, founder of SimpleClosure: 1. Don't try to DIY - you'll deal with it for years 2. Set aside money for taxes, severance & fees 3. Plan early - waiting only burns investor trust "Most founders who shut down right are already working on their next startup. End things properly, and your investors might back you again.” 🎯 Learn the right way to wind down your startup with Dori Yona. Watch the full episode - link in the comment section.
Today is National Entrepreneurs Day. The startup path rarely goes as planned - setbacks and pivots are part of every founder's story. What matters isn't avoiding failure, but how you respond to it. Many founders we work with are already planning or building their next venture. Their past experiences haven't diminished their drive - it's made them wiser builders. To every entrepreneur out there: Keep building. Keep learning. Your resilience shapes the future of innovation, one attempt at a time. #NationalEntrepreneursDay #Startups #Entrepreneurship #BusinessGrowth
SimpleClosure reposted this
Looking for our next SWE! 👩💻 Position: Junior Backend-ish Developer 💻 Tech Stack: TS/NodeJS/Python/Docker/K8S/GCP 🧠 Required Experience: 2+ years coding, experience with TS/JS, ideally in a Startup environment, Browser Automation/Web Scraping an advantage 🌏 Location: NYC metro area (BBMQS, LI, NNJ) - 90% remote with an occasional in-person work day in Midtown 📈 Team: Come join a rapidly growing company of smart & talented (& caring & funny) individuals on a common mission 🔭 Mission: To make closing a business as simple as opening one
Thank you Jason Kirby from Thunder.vc for hosting our co-founder Dori Yona on #FundraisingDemystified to discuss startup winddowns. The reality is stark: many founders don't know the legal and financial complexities of closing a startup. Dori shared key insights about: - Setting aside funds for taxes and severance - Why timing matters for investor relationships - Common winddown pitfalls to avoid For founders considering their next steps, these insights help cut through the confusion of business closure.
4x Exits | Raised $100M+| Helping Founders w/ Capital Strategy | MD @ Thunder.vc | Podcast Host | Angel Investor
What founders fear most isn't failure - it's discovering their company can't legally die. 🚫 The harsh reality most founders don't know: • You can't shut down with $0 in the bank • The average shutdown takes 9-12 months • Costs can reach hundreds of thousands • Personal liability risks last for years 💡 From Dori Yona, founder of SimpleClosure: 1. Don't try to DIY - you'll deal with it for years 2. Set aside money for taxes, severance & fees 3. Plan early - waiting only burns investor trust "Most founders who shut down right are already working on their next startup. End things properly, and your investors might back you again.” Learn the right way to wind down your startup in the latest #FundraisingDemystified episode with Dori Yona. Links in the comments 👇
VCs and angel investors - want to learn how to help your startups shut down smoothly? Join Dori Yona next week for real insights from hundreds of recent closures.
This content isn’t available here
Access this content and more in the LinkedIn app
Thank you to everyone who attended our event last night! For those who may have missed it, Chris Harvey shared some of his key takeaways.
Last night, I attended The Future of Legal Tech panel for LA Tech Week, hosted by Cooley LLP featuring Dori Yona, Rex Salisbury & Nick Hobson. Some key takeaways: • Venture capital firms have poured $𝟮.𝟰 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 𝗶𝗻 𝘁𝗵𝗲 𝗹𝗲𝗴𝗮𝗹 𝘁𝗲𝗰𝗵 𝘀𝗽𝗮𝗰𝗲 𝗶𝗻 𝟮𝟬𝟮𝟰 𝗮𝗹𝗼𝗻𝗲—nearly matching 2021's total of $2.6 billion. So, what's driving this AI-led investment surge? The panel broadly gave two perspectives: 1️⃣ AI as Efficiency Booster • AI will eat into labor-intensive tasks • Makes knowledgeable lawyers more efficient • Could increase demand (Jevon's Paradox) 2️⃣ AI as Industry Disruptor • "𝗜𝗳 𝘀𝗰𝗮𝗹𝗶𝗻𝗴 𝗹𝗮𝘄𝘀 𝗵𝗼𝗹𝗱," as Rex noted, AI could fundamentally change law • Has the potential to replace traditional roles with AI-enabled tech Most forward-thinking attorneys lean towards #1, while VCs are investing heavily in the legal tech industry as a bet on #2—where technology might replace traditional legal roles altogether. 🤔 Which camp are you in? Both perspectives can be valid and true—but nuances matter when dealing with the superlinear. Separately, José Ancer shared thoughts on this issue recently (which I will link to in the comments): • "𝗙𝗶𝗰𝘁𝗶𝗼𝗻: New LLMs will disrupt the legal industry, paving the way for entirely new organizational structures taking enormous amounts of business from the old guard." • "𝗙𝗮𝗰𝘁: At the bottom end of the market, new legal AI will incrementally allow existing automation providers to move up-market, perhaps from the 40th percentile to something like the 50th or 60th, but nowhere near the elite firms that are most-often talked about... Elite firms will likely be smaller and more profitable, but still very much headed by elite legal mandarins wielding more powerful productivity tech." 🔮 Future Predictions: • AI may help existing automation providers move upmarket • Elite law firms and niche practices likely to adopt AI and/or excel at their practices despite adverse market impacts on the broader legal industry • Companies will start to poach lawyers in-house, equipping them with AI tools and converting their labor into capital Thanks to the panelists and host for an engaging and insightful discussion.
Thank you to everyone who joined us tonight. Dori Yona, Rex Salisbury and Nick Hobson shared their insights on the future of legal tech. A special shoutout to our co-sponsors Cooley LLP, Silicon Valley Bank and Cambrian Ventures LLP. Thank you to TECH WEEK by a16z for brining everyone in LA tech together this week.
Thank you for sharing our story with the world! We are just getting started!
Every startup has a foundation story, but SimpleClosure’s is one of the best. Here’s that story – followed by what this very original company can do. Some years ago US-based Dori Yona was part of a startup and he was attending a regular board meeting. But, there was a surprise: the investors had decided they didn’t like the numbers they were seeing and basically said: ‘We’re not investing any more, you need to shut down.’ And from that moment his world changed.....eventually for something much better.... If you like a hear-warming legal tech story, then read on. Many thanks to Dori for sharing his story. It's inspiring in several ways 🙏 LINK https://lnkd.in/e4vPyWWd #legaltech #startups #startupstories