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The Cannon Houston

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New Year, New Trends

2019-01-18T16:14:54+00:00

New Year, New Trends Elliot Franshaw, The Cannon As we settle into the swing of 2019, let’s take a quick look over our shoulder before a lasting look ahead! Facebook fell, Fortnight flew, and 2018 is in the books. As the tax code changes, the stock market revels in a forgettable year, and the government remains shutdown, what can we expect from 2019? Here are a few trends and trials to expect from the new year. Moving Money With the rise of Venmo, Cash App, and Zelle, change is upon the banking industry. Brick and mortars are dying, [...]

New Year, New Trends2019-01-18T16:14:54+00:00

Silver Screen Startups

2018-12-11T13:37:51+00:00

Here at The Cannon, we’re big fans of the little guy duking it out against entrenched powers and coming out on top. David over Goliath. Luke Skywalker and the Rebels over Darth Vader and the Empire. Something about a passionate person achieving victory after operating from a perceived deficit, size, budget, or otherwise, gets us going. Startups are the obvious little guy in the business world, but we prefer those doing the dance far from traditional hotspots like Silicon Valley and Seattle. Like most places, Hollywood is home to entrenched powers which control much of the movie business. Due to [...]

Silver Screen Startups2018-12-11T13:37:51+00:00

Oil & Gas Startups to Watch

2018-12-04T22:20:10+00:00

Oil & Gas. Texas’ bread and butter. Between exploration, production, and refinement, oil and gas touches, and funds, almost everything inside this great state. However, an industry so staggeringly broad and interwoven with the fabric of our society is in danger of stagnating, becoming complacent, and collapsing under its own weight. Lucky for us, innovators in Texas and beyond are changing the field by applying new ideas and technologies to traditional industry puzzles. Here’s a look at some of the most innovative startups in Oil and Gas. Data Gumbo Andrew Bruce and the team at Data Gumbo [...]

Oil & Gas Startups to Watch2018-12-04T22:20:10+00:00

Tax Law and Your Startup

2018-11-27T20:47:38+00:00

People are calling the Tax Cuts and Jobs Act the first major tax shake-up in three decades. While the full scope of the changes brought about by this new act is yet unseen, there’s no denying the sweeping effects these new tax laws touch every aspect of American life. But how can these laws potentially affect the startup world? We took a deeper dive below:  C-Corp Tax ReductionMost startups, especially those looking to raise third-party investment, register as C-Corporations. The Tax Cuts and Jobs Act cuts C-Corp tax rates from 35% to 21%. Early-stage startups not yet generating meaningful [...]

Tax Law and Your Startup2018-11-27T20:47:38+00:00

EllieGrid: A Spoonful of Sugar

2018-11-20T20:50:36+00:00

People don’t like taking their medicine. It’s been true since Mary Poppins offered up a spoonful of sugar to those two obstinate children. Young or old, we as humans struggle to keep up with the pills and potions prescribed to save our lives, and it costs us dearly in lost lives and dollars. EllieGrid founders Abe Matamoros, Regina Vatterott, and Hieu Nguyen, saw that problem and sought a solution. They sold $200,000 of the resulting product in the first two months after its conception, and they’re only getting started. Now that EllieGrid, the winner of our first Insperity Innovation Scholarship [...]

EllieGrid: A Spoonful of Sugar2018-11-20T20:50:36+00:00