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> Most angel investors and VCs will also insist If they do "insist" on this regardless of circumstances, it would not be ideal to partner with them since they
by droithomme 10y ago
> Most angel investors and VCs will also insist
If they do "insist" on this regardless of circumstances, it would not be ideal to partner with them since they clearly don't know what they are doing. And if you are partnering with someone, don't you want them to know what they are doing?
- mikeyouse 10y agoThe list of VCs that insist on a C-Corp is essentially the list of VCs. So sure, you don't need to convert, but you won't ever be able to raise VC money without converting.
- droithomme 10y agoYour statement is a complete lie mikeyouse, but thank you for playing.
- mikeyouse 10y agoI'll couch it more, every single VC I've ever taken money from, talked to about taking money, or read about their criteria for taking money requires a C-Corp. After a short search, I've found precisely one company who remained a LLC while taking VC money (Seedinvest who raised from a number of small seed-stage VCs). Are there others I'm missing?
- dang 10y agoWe ban accounts that post uncivil, unsubstantive comments like this, so please don't do that. If you have a substantive point to make, make it thoughtfully; otherwise please don't post until you do. https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newswelcome.html https://news.ycombinator.com/newswelcome.html
- droithomme 10y agoI find my comments, made over many years, to be civil and substantive. I find you dang to be a disruptive propaganda artist. Ban me if you wish as part of your viewpoint censorship efforts, I don't mind at all. I stand 100% behind all I said, and I denounce you dang as an enemy of democracy and truth. Only you can live with the hate in your heart, your dishonesty, your censorship, and your war against truth and reality. You make your bed of dishonesty, corruption, censorship and manipulation, and you lay in it. It is your choice to do so, and in so doing to harm humanity.