> This makes sense for putting a headquarters in California but doesn't explain incorporating there. Good point. Agree that DE C corp has been the norm and exp

> This makes sense for putting a headquarters in California but doesn't explain incorporating there. Good point. Agree that DE C corp has been the norm and expectation since forever. Doesn't look like CA is a mentioned contender, and my guess is that it is very much not in consideration, for all the above reasons. In "TX and other states" I read "TX and other states that will lean towards relative deregulation in coming years". It's less about sticking it to DE, more about bribing TX or whoever into even more favorable terms than you're getting in DE, in a way that wins some 10+ year metagame. Bezos did a classic version of this with HQ2 and DC