article thumbnail

Corporation or LLC? Business Organizations for Tech Startups.

YoungUpstarts

In the tech startup context, you’ll typically choose between a Corporation and a Limited Liability Company (“LLC”). Corporations pay taxes on the money they earn, and LLCs don’t. This doesn’t mean that LLCs go tax-free. When an LLC allocates income to owners (i.e. When an LLC allocates income to owners (i.e.

LLC 100
article thumbnail

Will Work for Equity - Investing in Clients - Arizona Bay

www.inc.com

Last spring, Dave Graham , founder of software consulting firm Arizona Bay, learned that a major client, Jumpstart Automotive Media, had been acquired for more than $80 million. Graham also pushes for common stock, the right to participate in future funding rounds to preserve the size of the stake, and a guaranteed seat on the board.

Arizona 40
article thumbnail

What is TheFunded Founder Institute?

Startup Company Lawyer

David Higly - CEO Higley & Company LLC. August 18th, 2009: Start outreach to key media sources. The Founder Institute has developed Class F common stock , which provides founders with a maximum amount of control over the founder’s company. Michael Arrington – TechCrunch. Joe Betts-LaCroix – CTO, OQO.

Founder 28