Going through this now. We started as a consulting LLC. Then developed IP/ideas, decided that's what we wanted to do (develop one of the major apps / business

Going through this now. We started as a consulting LLC. Then developed IP/ideas, decided that's what we wanted to do (develop one of the major apps / business ideas we had). Had to switch to C Corp. Although that switch was beneficial, as it forced us to do our due diligence on ourselves, and make sure all the legal work was setup. One of the guys in the startup has a law degree, so it was cheap... but we're really happy we have our paperwork together now that we're talking with vcs.