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What'd you do with your Consumer Product startup?
Hi everyone. I'm not looking for legal advice but rather interested in reading how anyone with experience did it. I am working on a physical consumer product that we are aiming to receive crowdfunding for. I have been back and forth of whether to go with an LLC in my state or Delaware C Corp. My main back and forth is because I look at other successful CPG start ups and some are LLCs others C Corps. Both of which have raised millions. We already have private investor interest (Nothing like huge VC funding). Can anyone share their experience with this? I'd really appreciate it!
- evgen 6y agoIf you expect anything past seed funding then you will be a Delaware C. Maybe you wait until after the seed, but it is going to happen eventually; it is trivial to do and has no real downside, so why delay?