3 ms·
Avoid pre-mature optimization and spending time on things (overhead) that don't matter to the success of your projects/customers/users/partners directly. I will
by akg_67 12y ago
Avoid pre-mature optimization and spending time on things (overhead) that don't matter to the success of your projects/customers/users/partners directly. I will suggest just have one LLC and keep introducing your projects/MVP through that LLC. This will keep the overhead minimal and you reap some liability protection and personal tax reduction if LLC generating losses. If and when a project/MVP gains traction and an outside investor ready to invest, spin out that project from LLC into an entity that is preferred by everyone involved.
IANAL, please consult a lawyer to analyze your specific situation.
- wuliwong 12y agoThanks for responding too! You are definitely hitting on the main idea I'm hoping to accomplish. Enough basic protection/structure that I can proceed without much worry but not so much that I'm focusing a lot of effort on legal things. The idea of having everything under one umbrella and spinning something out if people are ready to invest sounds like the best idea.