3 ms·
Ask HN: Par Value, what do think?
I have noticed from several of the posts in here, that the Par Value per share is recommended from .001 to .000001 per share. That seems like a pretty big margin.
Is this somehow related to the stage of the company, for instance initial filing of the corporation vs. issuing a round preferred stock?
What are your thoughts on this?
- pg 16y agoThe reason for the variation is that the actual number doesn't matter, just that it's nominal.
- jonlegend 16y agoI thought it was because the more par value you put on your stocks, the more its going to cost you during incorporation. FYI: My company has 10,000,000 stocks valued at .01 a share, it cost $94 total [Delaware C-corp].