Pigmata Blog a weblog about Pigmata news, products, business, experiences and culture

Bank Accounts for Startups - Open a Business Checking Account

We talked about opening and then closing a TITF account as part of registration of a corporation with the SEC. Now let’s talk about opening your real business account.
First, a refresher on some basic accounting:
The Imprest System
Small or miscellaneous amounts are paid in cash out of a Petty Cash Fund (say P5,000 or P10,000 [...]


Bank Accounts for Startups -TITF 101

You’ll have to deal with a bank even before you’ve incorporated. So you and your friends have decided to go the corporation route for your startup? Part of the SEC Requirements is to open a Treasurer in Trust For (TITF) Account.
Let’s talk about your new corporation; and I’ll give illustrative amounts. The authorized capital stock [...]


Keep Employee Turnover Down or Up? How HR Works

Taking on new employees is definitely easier said than done. Recruitment takes up so much time, money, and effort — especially when you’re a startup.
Like here, I personally handle the applications that come in from the job ads that also I posted. I’m a 1-woman HR department. Since we’re bootstrapping, same as Zappos, we can’t [...]


Pigmata Got Funded (updated)

I know there hasn’t been anything going on with us lately… stealth mode? not quite. Actually, we’ve been pretty busy developing Pizara (our will-be-flagship product), and hashing out the details for our Series A round of funding.
And yes, we’ve been funded! After almost 2 months of searching and pitching and [...]


Kannika Joins Pigmata Team

We’re glad to welcome Kannika Pena to Pigmata Media. She’s a good addition to the team.
Kannika is a cum laude graduate of U.P. Diliman with degree in Creative Writing.
Aside from bringing peace and order to our office, she’ll be one of the editors of Pinoy Web Startup together with Marie. She will also do [...]


Now Hiring: Summer Intern

Summer or not, we’re looking for skilled, ambitious students who have mad coding skills.
We’ll be at the Career Fair of De La Salle - College of Saint Benilde on March 7 — just a couple of more weeks to go!
Like what Kevin of Blist suggested, college students can be a good source of untapped talent [...]


A Typical Day at the Pigmata Office

What’s a typical day at the Pigmata Office?
We all live in Makati, our residences ranging from 2 to 15 minutes walk to our office.
8:30 AM
I unlock the office and turn on the hot water dispenser for some Nesvita cereal drink. Write my to-do list for the day.
9 AM
JP comes in. I check email and visit [...]


What’s up 2008?

Hello world!
To kick things off this year, our blog is up and we’re baking our app - and…
Inspired by TechCrunch, GigaOm, ReadWriteWeb, KillerStartups, StartupIsrael, Webyantra (India), and many many web startup shakers and movers, we encourage local talented developers to get “started up”!
PinoyWebStartup
We’re interviewing web startups based in the Philippines or founded by Filipinos [...]