Ataeum

Ataeum

Ataeum is an all-in-one platform to find co-founders and bootstrap startups in an automated, low-cost, no-paperwork way. Ataeum's innovative work-based weekly smart vesting minimizes co-founder uncertainty and conflicts, and facilitates fair ownership based on the amount of work done. Ataeum platform creates and manages a joint venture to enable you to run your startup in a lightweight and automated way. In contrast to the usual startup founding, you don’t have to worry about things like incorporation, bylaws, stock options, state qualifications, bank accounts etc. until you make revenues or decide to incorporate.

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Roast or Toaster: PastramiDan
A bloated business planning software for Boomers

I really don't have a lot of good things to say about this product, unfortunately. The founder is a Facebook staffer and at this point, I'm not sure if that's a good or bad thing.


Ataeum throws around the buzzwords a Boomer thinks you want to hear; "innovative", "all-in-one", "minimizes", "facilitates", blah blah. It's like a Twitter AI bot wrote this. It claims to be lightweight and low-cost but it's anything but. In an article, the founder states "In contrast to the usual startup founding, you don’t have to worry about things like incorporation, bylaws, stock options, state qualifications, bank accounts etc. until you make revenues or decide to incorporate." I can tell you with the utmost certainty that very few pre-revenue, bootstrapped startups are concerned with incorporation and bylaws. Hell, most of us don't even form a business plan or legal entity until we have users. These are thoughts that get added to a KanBan board and handled after the product has been validated.


Ataeum doesn't really solve a problem, in fact, it seems to create more. You'll spend more time managing your dashboard than you will building your actual product. The only question it seems to answer is "how can I introduce work that won't directly affect my product?".


The lesson here is simple. KEEP IT SIMPLE. Ataeum is not it.


**If you really want a business-planning software because you're a stickler who loves reports, then check out bizplan.com (no affiliation, and I'm not sponsored).

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