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Various VCs have indicated in multiple blogs that the state of incorporation is not significant. Having an out of state incorporation is a pain in the neck, an
by redtexture 13y ago
Various VCs have indicated in multiple blogs that the state of incorporation is not significant.
Having an out of state incorporation is a pain in the neck, and expensive, especially for people without much money. Don't bother. If the time arrives where Delaware incorporation becomes important, it is easy enough to merge into a new Delaware corporation at that time.
The main VC advice, and YCombinator advice is that the LLC -- Limited Liability Companies -- are not a suitable vehicle for VC investment.
- akshxy 13y agoUnderstood!