3 ms·
Sounds like incorporating early would've helped a lot. Don't accept personal debt.
by gyro_robo 19y ago
Sounds like incorporating early would've helped a lot. Don't accept personal debt.
- elq 19y agostarted off as an LLC, switched to a C corp 4 months later. we found it impossible (within the time frame we needed) to sign big ticket contracts, for things like 10k sq/ft in office space (yes, stupid in hindsight), or a cage in a datacenter; for a company less than a year old without personal guarantees.
- steve 19y agoBuy a shelved company for a few hundred bucks? Heh, I've wondered how well that would actually work.