• February 2019
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Do I need a registered startup before I raise seed/angel fund?

Yep you won’t find an angel / venture capitalist (VC) to invest in a sole proprietorship. You need to form your company in a way that facilitates funding. Most VCs & angels prefer to work with a Delaware C-Corp. In fact, many investors will require a business to convert from a partnership / LLC / S-corp to a C-corp. A DE C-Corp is attractive to investors because of its uber flexibility when it comes to changing ownership (stock) & board members. If you’re interested in having a startup attorney assess the situation with you then stop by for a free consultation at LawTrades. Our legal platform makes it easy & affordable to shore up your company’s legal compliance. Good luck.

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