Should Your Startup Be an LLC or a Corporation?
An LLC suits owner-operated businesses that distribute profits. A C corporation suits companies that plan to raise venture money or grant stock options.
Tag: Business Formation
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Common Business Formation Mistakes That Hurt Founders Later
The formation mistakes that cost the most show up years later, in a financing, a lawsuit, or an audit. Here are the ones we see and how to fix them.
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How Should Co-Founders Split Equity and Set Vesting?
Equal splits feel fair on day one and cause fights by year two. How to divide founder equity, set vesting with a cliff, and meet the 83(b) deadline.
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What Should a Multi-Member LLC Operating Agreement Cover?
Without an LLC operating agreement, state default rules decide profit splits, voting, and exits. Here is what the document should settle before a dispute.
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Should You Incorporate in Delaware or Your Home State?
Delaware makes sense if investors will demand it. For most small companies, forming where you operate avoids a second set of fees, filings, and agents.