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(I work at Stripe.) You can email us and we’ll introduce you to a lawyer who can assist you with winding down the company. In the simplest case this costs $500

(I work at Stripe.) You can email us and we’ll introduce you to a lawyer who can assist you with winding down the company. In the simplest case this costs $500. Speaking generally, the complexity depends on what you’ve done with the company. Dissolving a company which has had a paper existence but never done anything is straightforward; shutting down a company with material operations, payroll, legal commitments, etc requires materially more work. The supermajority of that is figuring out to do about the commitments rather than the entity per se.

delhanty 7y ago
> ... Part of the vision for Atlas was that one could do companies as easily as getting an m3.medium. We’re getting there. [0] Even though there's a caveat ... >Not legal advice: companies don’t have an Undo button and you probably shouldn’t make one on any given Tuesday for the heck of it... but you totally could form a real, honest-to-Delaware company on any given Tuesday, and there are a lot of things that company could then do. [1] ... somehow I think that the button to create a Delaware C-corp should come with agree-to check-boxes something like this: ∙ I have read Paul Graham's essay on playing house [2] and I'm not just creating a company because that's something startups do. ∙ I understand that there are more lightweight incorporated entities that offer limited-liability and other benefits that might better suit my use-case and that are easier to wind down than a Delaware C-corp. See also my comment elsewhere in this story. [3] [0] https://twitter.com/patio11/status/1047017099749666817 https://twitter.com/patio11/status/1047017099749666817 [1] https://twitter.com/patio11/status/1047018192097464320 https://twitter.com/patio11/status/1047018192097464320 [2] http://www.paulgraham.com/before.html http://www.paulgraham.com/before.html [3] https://news.ycombinator.com/item?id=20379633 https://news.ycombinator.com/item?id=20379633
deleted 7y ago
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delhanty 7y ago

> ... Part of the vision for Atlas was that one could do companies as easily as getting an m3.medium. We’re getting there. [0] Even though there's a caveat ... >Not legal advice: companies don’t have an Undo button and you probably shouldn’t make one on any given Tuesday for the heck of it... but you totally could form a real, honest-to-Delaware company on any given Tuesday, and there are a lot of things that company could then do. [1] ... somehow I think that the button to create a Delaware C-corp should come with agree-to check-boxes something like this: ∙ I have read Paul Graham's essay on playing house [2] and I'm not just creating a company because that's something startups do. ∙ I understand that there are more lightweight incorporated entities that offer limited-liability and other benefits that might better suit my use-case and that are easier to wind down than a Delaware C-corp. See also my comment elsewhere in this story. [3] [0] https://twitter.com/patio11/status/1047017099749666817 https://twitter.com/patio11/status/1047017099749666817 [1] https://twitter.com/patio11/status/1047018192097464320 https://twitter.com/patio11/status/1047018192097464320 [2] http://www.paulgraham.com/before.html http://www.paulgraham.com/before.html [3] https://news.ycombinator.com/item?id=20379633 https://news.ycombinator.com/item?id=20379633

deleted 7y ago

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