3 ms·
LLCs are fine for many things - but not generally for dealing with investments or equity. Whether they're worthwhile as an intermediate step depends on what you
by glimcat 15y ago
LLCs are fine for many things - but not generally for dealing with investments or equity. Whether they're worthwhile as an intermediate step depends on what you're doing and when. They're rarely appropriate for "build to sell" companies whereas they're often appropriate indefinitely for "build to own" companies.
Equity is for founders, core team, and investors. Equity is not for contractors.