In short, I would say that being structured as an LLC rather than a corporation will never turn a venture capitalist or angel investor away from a great investment opportunity. That being said, I believe that venture capitalists still prefer to invest in a corporate entity rather than a limited liability company. If you intend [...]
Read more →
Here’s some quick information on the difference between S-Corps, C-Corps and LLCs. This is meant to be a summary rather than gospel; entire chapters have been written on this topic elsewhere.
The first thing you should know is that people run their business through a corporation or limited liability company because they desire to limit their liability to third parties. [...]
This article by Knowledge @ Wharton reminded me of good, old-fashioned selflessness. Here’s the description provided by K@W:
When Leonard Abess sold a majority stake in Miami-based City National Bank last fall, he did something very unusual. He took $60 million of that money and gave it out as bonuses to 399 current bank employees and [...]
Wow! How much press can this thing get in the venture community? Lots – and I think that was the whole point.
Of course, I am talking about WSGR’s term sheet generator which was launched publicly a few weeks ago. If you read WSGR’s web site, you get the impression that this tool is only part of a larger [...]
© 2009-2012 VC Deal Lawyer All Rights Reserved