4 ms·
tldr: Delaware is the new location.
by johansch 9y ago
tldr: Delaware is the new location.
- jlarocco 9y agoI like the irony. I've always disliked that companies can incorporate out of state to "shop" for favorable laws. Good to know there's at least one downside.
- deleted 9y ago[deleted]
- mljoe 9y agoI feel like CA has been for awhile an "almost acceptable" place to incorporate for startups. Maybe this will finally push it over the edge. Unseating Delaware would be good in the long term. They have taken advantage of their position in a number of ways. Like charging relatively unique corporate taxes (eg. a tax assessed on # of shares).