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Comment by redtexture

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.

parent redtexture 13 years ago

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