4 ms·
they aim to help global community of entrepreneurs but it is tailored for the specific silicon-valley community. - c-corp only - investors in the valley work w
by sagivo 11y ago
they aim to help global community of entrepreneurs but it is tailored for the specific silicon-valley community.
- c-corp only - investors in the valley work with it mostly. even though for MOST of the businesses s-corp or LLC will be better.
- silicon valley bank - is very popular in the valley, but has limited support if you're outside as opposed to more popular banks. (transfer fees, integrations with other providers like payroll etc)
i like the idea, but they have to think outside of their valley scope to really help people worldwide.
- michaelschade 11y agoYeah, you're right: C Corps won't be a perfect fit for every company, though we found they were the right starting place for the beta based on what what people are already doing. We're looking to add support for LLCs: https://stripe.com/atlas/faq#Can-Stripe-help-me-set-up-a-different-company-structure https://stripe.com/atlas/faq#Can-Stripe-help-me-set-up-a-dif.... We've worked closely with Silicon Valley Bank to make the setup tenable for entrepreneurs in emerging markets. Making it easy to start a business from outside the US is the point of this program, and we're looking forward to making more improvements as we work closely with more entrepreneurs outside the US during the beta and continue expanding Atlas globally. Thanks for the feedback! If you end up taking part in the beta, we'd love to hear more about how it works for you in practice.