Despite the fact that LLCs are quick and easy to start, Delaware C-Corps are the unequivocal standard for venture-backed startups.
Asking a fund to undergo this process with an LLC increases deal complexity for them and increases the transaction costs.
For example, Y Combinator requires you to be a Delaware corporation in order to receive their investment and participate in the program.
Choosing between LLC and Delaware C-CorpIf you plan to grow and scale a startup, hire hundreds or even dozens of employees, and raise venture capital, forming as a Delaware C-Corp is the easy choice.
While a Delaware C-Corp appears more rigid and offers less customization than an LLC, this will save you from paying for complex legal work, later on, to make the LLC work. | To read full story, visit https://startuparound.com/read/1580272205.7111673/LLC-vs.-Delaware-C-Corp:-Which-is-Right-for-Your-Startup??ref=audio_experience