3 ms·
The form of incorporation is more important than the state. Delaware is NOT necessary unless your exit is IPO, or when you have a large or diverse shareholder
by jesusmichael 12y ago
The form of incorporation is more important than the state. Delaware is NOT necessary unless your exit is IPO, or when you have a large or diverse shareholder base. YC mostly funds and promotes "BIG" ideas which get MILLIONS of $$ and if your idea is good and will attract AirBNB type money... yes Delaware is a good choice. For average startup it's a waste of money and liability.