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Thanks for the feedback - we'll add an information page about that! For the timebeing, we're focused on startups that intend to be venture-backed (if they aren

Thanks for the feedback - we'll add an information page about that! For the timebeing, we're focused on startups that intend to be venture-backed (if they aren't already), which is why we're focused on DE C-corps. Definitely looking into adding more services though - since there are a lot of other types of companies out there!

sunraa 14y ago
Do you have an timeframe for adding the other services? And what might those be?
- swampthing 14y ago
  Unfortunately not... but please do let us know (either here or via email) what you'd like to see since that'll help us prioritize!
  - bradleyjg 14y ago
    Probably not your core market, but I love the platform aspect of this. The notion of a stim pack for the lawyer-client relationship can work in a lot of other areas.
    - swampthing 14y ago
      Thanks! We're super excited about that aspect too - it's amazing how many different types of lawyers have said they need a Clerky in their practice area. Unfortunately there's quite a few more features we need before we can really serve that market well. We'll get there though! Feel free to shoot us an email and we'll put you on our list of lawyers to reach out to when we're ready!
shawn-butler 14y ago
I have never understood why Nevada or Wyoming incorporations are so looked down on. Do you have any opinion on this?
- swampthing 14y ago
  I suspect it's just that just about 100% of venture-backed companies are DE, so to the extent you're a snob about being venture-backed, you might be a snob about where a company is incorporated too. But personally, I don't see anything wrong with incorporating in other states - plenty of great businesses do so (and plenty of great businesses are not venture-backed). Ultimately, the legal stuff is just a distraction from what's important - building the actual business. That's why we built Clerky, to minimize that distraction!
  - sourc3 14y ago
    Does this mean that all these start-ups can show some sort of transactions in Delaware? We just had a talk with a business lawyer (we are from NY) and we were strongly advised to incorporate in NY to avoid issues in the long run using an LLC structure. I am pretty skeptical that this is the way to go but would like to hear some opinions here from already established startups.
    - tptacek 14y ago
      What were the issues your lawyer brought up? We were DE LLC- filing- as- S headquartered in NYC for something like 6 years.
      - harshreality 14y ago
        You had to register in NY as an out-of-state LLC, though, right? And maybe also in IL? I'm a little vague on the requirements for additional registration in a principal's home state or in state(s) with declared office(s) when the LLC was formed elsewhere. A startup may not want to deal with the additional fees for registering in another state, maintaining registered agents in each...
    - sourc3 14y ago
      Since both founders are living in NY we would have to file in both states and it would be much more expensive. Also, we would have to periodically show some transactions being made in DE to justify our existence there. Did you have to do something similar while you were filing as NY Headquartered S corp established as an LLC in DE?

sunraa 14y ago

Do you have an timeframe for adding the other services? And what might those be?

swampthing 14y ago
Unfortunately not... but please do let us know (either here or via email) what you'd like to see since that'll help us prioritize!
- bradleyjg 14y ago
  Probably not your core market, but I love the platform aspect of this. The notion of a stim pack for the lawyer-client relationship can work in a lot of other areas.
  - swampthing 14y ago
    Thanks! We're super excited about that aspect too - it's amazing how many different types of lawyers have said they need a Clerky in their practice area. Unfortunately there's quite a few more features we need before we can really serve that market well. We'll get there though! Feel free to shoot us an email and we'll put you on our list of lawyers to reach out to when we're ready!

shawn-butler 14y ago

I have never understood why Nevada or Wyoming incorporations are so looked down on. Do you have any opinion on this?

swampthing 14y ago
I suspect it's just that just about 100% of venture-backed companies are DE, so to the extent you're a snob about being venture-backed, you might be a snob about where a company is incorporated too. But personally, I don't see anything wrong with incorporating in other states - plenty of great businesses do so (and plenty of great businesses are not venture-backed). Ultimately, the legal stuff is just a distraction from what's important - building the actual business. That's why we built Clerky, to minimize that distraction!
- sourc3 14y ago
  Does this mean that all these start-ups can show some sort of transactions in Delaware? We just had a talk with a business lawyer (we are from NY) and we were strongly advised to incorporate in NY to avoid issues in the long run using an LLC structure. I am pretty skeptical that this is the way to go but would like to hear some opinions here from already established startups.
  - tptacek 14y ago
    What were the issues your lawyer brought up? We were DE LLC- filing- as- S headquartered in NYC for something like 6 years.
    - harshreality 14y ago
      You had to register in NY as an out-of-state LLC, though, right? And maybe also in IL? I'm a little vague on the requirements for additional registration in a principal's home state or in state(s) with declared office(s) when the LLC was formed elsewhere. A startup may not want to deal with the additional fees for registering in another state, maintaining registered agents in each...
  - sourc3 14y ago
    Since both founders are living in NY we would have to file in both states and it would be much more expensive. Also, we would have to periodically show some transactions being made in DE to justify our existence there. Did you have to do something similar while you were filing as NY Headquartered S corp established as an LLC in DE?