As a founder of a SaaS company that was formed as Delaware PBC, I will say that this route does make it quite hard to follow the traditional fundraising path.

As a founder of a SaaS company that was formed as Delaware PBC, I will say that this route does make it quite hard to follow the traditional fundraising path. VCs are spooked by anything that’s not your run-of-the-mill C Corp. PBCs are hard to get off the ground.