In Marathon, we are grateful to have the trust of a special array of backers from around the world. A select few of them are also helping us on a more formal basis. Today, we are happy to introduce the members of our Advisory Committee, which is providing guidance on critical decisions with regards to the fund.
We are happy to share the European Investment Fund board’s decision to participate in Marathon’s second closing via Equifund. We expect the legal part of the process to be concluded within the next couple of months and are delighted that an institutional partner of EIF’s caliber is joining our mission to help ambitious founders build world-class companies.
Many ambitious tech founders choose to incorporate their startup in the US, usually in Delaware, thanks to the stable & mature legal system but most importantly because the USA is the largest & most sophisticated tech market in terms of customers, investors & acquisitors.
Starting a company in the U.S., like most places in the world can be needlessly complicated – endless paperwork, waiting in line at the bank, steep legal fees, and tough decisions about what services to use. This is especially true for entrepreneurs coming from other countries who have to learn new processes and acquire all the necessary documentation. Incorporating in the US for non-US residents is a huge burden and cost but it doesn’t have to be one.