David Moon

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David Moon

David Moon

@venture_dm

Recover the indirect tax you've already paid. CEO at @inputrecovery

Katılım Nisan 2020
1.2K Takip Edilen659 Takipçiler
David Moon
David Moon@venture_dm·
@realjoeljacob Heard this as an option but wasn’t sure if it’s business banking!
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David Moon
David Moon@venture_dm·
which bank is most recommended for non-canadian founders in Canada? for corporate checking / savings account.
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David Moon
David Moon@venture_dm·
@nitik_sol Can’t receive wires to airwallex bank partner :/
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Stefan McConnell ♦️
Stefan McConnell ♦️@Stef_McConnell·
@KevGCallahan @venture_dm It can be difficult if the owner doesn't have a Canadian social insurance number. You might have to go with one of the neo bank/fintech platforms: Venn; Float; Loop etc
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Kevin Callahan 🚀
Kevin Callahan 🚀@KevGCallahan·
Ngl, this interview covered a lot of topics that matter deeply to me. Building in Canada. Founder life. Work ethic. Civic duty. Thank you to @supersimon77 @0xbenbottle and the whole @SuperteamCAN crew for the opportunity ❤️
Superteam Canada@SuperteamCAN

70% of startups fail. Most never figure out why. @Uniblock co-founder + Superteam Canada member @KevGCallahan breaks down the principles that actually decide who makes it. Tap into his journey 👇

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David Moon
David Moon@venture_dm·
Doctors don't take calls mid-surgery. Pilots don't answer emails at 30,000 feet. Engineers don't... wait, why are engineers on sales calls? Most companies treat engineering like a customer service desk. Slack pings during deep work. "Quick question" that derails 3 hours of progress. Support tickets that could wait but somehow can't. Then everyone acts surprised when shipping dates slip. Here's what people miss: Deep technical work doesn't pause and resume. You're building mental models of complex systems. One interruption = rebuild from scratch. The context-switching cost isn't minutes - it's the entire morning. This is why labor division exists. At Input Recovery, our engineers do one thing: build the system that finds tax credits our clients already paid but never claimed. They audit ledgers with 69 detection methods, file refunds, defend them with CRA. Zero customer calls. Zero sales meetings. Zero "can you hop on a quick Zoom." Our sales team handles everything else - customer communication, translating technical requirements, managing relationships. Engineers get problems to solve, not people to manage. The result? We ship a product that actually works. Our clients get back money they deserve (GST/HST, QST, fuel tax, FNGST). No recovery, no fee. Protecting engineering time isn't about being precious. It's about respecting what deep work requires. See how we do it: inputrecovery.com
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David Moon
David Moon@venture_dm·
Former CRA auditor Andrew Adolph spent years on the inside - and he knows exactly why Canadian businesses miss out on recoveries. The problem isn't that companies aren't trying. It's that indirect tax recovery is complex, easy to overlook, and often deprioritized when teams are focused on operations. Andrew breaks down: - Which areas the CRA sees companies consistently miss - Why legitimate refunds go unclaimed year after year - What a proper recovery review actually catches At Input Recovery, we run a 69-detector audit on your ledger to find GST/HST, QST, fuel tax, and FNGST refunds you may have already paid. We file the claim and defend it with the CRA. No recovery? No fee. If you're a Canadian business that's been operating for a while, there's a good chance money is sitting there. Watch Andrew's breakdown to see if your company fits the profile. inputrecovery.com
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David Moon
David Moon@venture_dm·
Most Canadian businesses overpay on indirect taxes and never know it. One missed input tax credit. One misclassified expense. One fuel receipt that didn't get claimed. The CRA doesn't round in your favor - they just keep what you don't ask for. We run a 69-detector audit on your ledger and recover the GST/HST, QST, fuel tax, and FNGST you've already paid but never claimed. Licensed partners handle the filing and defend every refund. The math is exact. The process is thorough. And you pay nothing unless we actually find money. If you've been in business for more than a year, there's a good chance you're owed something. We just make sure you collect it. inputrecovery.com
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David Moon
David Moon@venture_dm·
@AlFl Ya this turns vc ecosystem into a tim hortons timbit 20 pack Diversified in theory but concentraton risk through capital consolidation Same thing in korea, hard to make things both fair and equal
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alfl
alfl@AlFl·
@venture_dm There’s also the effect of government matching funds when you reach a certain size of raise from LPs. Given a constant number of startups this inflates required return.
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David Moon
David Moon@venture_dm·
It's actually two problems: 1. Way too many accelerators with no $ using government money to keep a fancy job 2. Exit market is limited due trading multiples compression 2 is more structural, 1 incentivizes fake KPIs If you disagree, "you're absolutely right!" 5 / 5 stars no drama.
Rayan@rayansadri

Venture capital in Canada is very simple. We’ll back American companies swinging for the fences, watch them turn into monsters, then come home and treat a Canadian founder raising a normal seed round like they asked to buy NASA. Best we can do is $10K, 11 meetings, and a full exit strategy for a product that launched Tuesday.

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David Moon
David Moon@venture_dm·
@thekevinqi @felixhhaas They are very good at making your project pop on SEO and other marketing related things like card optimization to name a few InputRecovery.com first site was lovable because it does a bang good job vs paid SEO
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Kevin Qi
Kevin Qi@thekevinqi·
@felixhhaas What advantage would you say Lovable has over legacy options like Wix, Squarespace and Wordpress?
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Felix Haas
Felix Haas@felixhhaas·
Lovable just crossed $500M ARR, 50M projects built, and 720M monthly visits to Lovable-built projects. With that, we're introducing our first-ever data study: A First Look at the Build Economy. Here's what stands out to me: → 80% of builders come from non-technical backgrounds. → 55% have 11+ years of professional experience. → 79% are building something they intend to monetize. → 35% are already earning revenue. → The strongest predictor of what people build is often what they already do and know. → The fastest-growing builder groups are founders, designers, and sales professionals. It's the beginning of an entirely new economy. Proud of the team for putting this together, and even more excited to see what people build next. thebuildeconomy.lovable.app LFG 🚀
Felix Haas tweet media
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David Moon
David Moon@venture_dm·
As someone who has seen 2 cycles of - robotics - hardware - logistics If you are building in the space and raise too little capital you will die If you raise too much capital you also die The only company I’ve seen survive funding Death Valley is @Apptronik and they purposefully declined to take seed round capital in 2019 when I first looked at the company and used non dilutive capital to survive AMA (5 out of 5 stars no drama)
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zander 🇨🇦
zander 🇨🇦@zandertoo·
People of Toronto: anyone want to be in a Build Canada content piece we're working on? We would shoot tomorrow / Wednesday 👀 @arvinfarsyad
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Andrew Yeung
Andrew Yeung@andruyeung·
Most overpriced restaurant I’ve ever been to in Toronto. $24 for bread. $35 for a maple tart. $245 for a 20oz steak. It was good but I paid $1,200 for 5 ppl. Just me or is this ridiculous?
Andrew Yeung tweet mediaAndrew Yeung tweet media
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Bensu.eth
Bensu.eth@BenArendi·
This is my experience pitching a 🇨🇦 gov-funded angel network. I was triple-messaged/asked to pitch them because words got out that some reputable 🇺🇸 fund was leading our round. At that time, our round was already close to complete. I did it anyway as a favor because the staff running the organization helped me out a lot with product discovery earlier and I think they are good people. I had very little patience with unprofessional behaviors coming from the angels on the call. Don’t waste your time on pitching them.
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