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It’s investor friendly, if you have investors.
by Digory 8y ago
It’s investor friendly, if you have investors.
- vonmoltke 8y agoIf you are going the LLC route you are basically eschewing investors. Thus, this isn't an advantage.
- Digory 8y agoYes and no. LLCs can carry investors, and Delaware is an advantage to some. LLCs can be publicly traded. The typical LLC has few or no investors (that are not managers or members), and it’s unusual for Delaware LLC law to provide much advantage over any other state in that case. YMMV.
- dragonwriter 8y ago> The typical LLC has few or no investors (that are not managers or members) Members are the LLC analog of stockholders in a corporation; if there were equity investors (passive or not) in an LLC then they would, by definition, be members.
- Digory 8y agoYes, I structured that ambiguously. “...no investors that are not ... members” is true. “Few...investors that are not ... members” is impossible, as you note.