4 ms·
It would be great to know how many companies have already incorporated before applying to YC, and what their structure looks like (C-Corp vs LLC, split of owner
by mrdrozdov 11y ago
It would be great to know how many companies have already incorporated before applying to YC, and what their structure looks like (C-Corp vs LLC, split of ownership, etc.). Myself and different friends have started our own companies recently and we're going through this sort of thing for the first time, and we wish we had better information. When YC visited NYU in the Fall I asked a similar question and was told that registering as a C-Corp through clerky was the way to go, but it was already too late for us (we're an LLC). Now I'm curious what it takes to go from LLC to C-Corp, or if it's even a big deal this stage in the process.
- snowmaker 11y agoI'll just answer this one. The answer is, if you haven't incorporated yet, we recommend you incorporate as a Delaware C-corporation. If you've already incorporated as something else, then don't worry about it. If you get accepted to YC, we'll help you change your corporate structure and it's not that big a deal.