What’s the best way to incorporate your business?

Fred Wilson (Co-Founder and Partner at Union Square Ventures)
From The MBA Mondays Archive – AVC

A nice hybrid between the C corporation and the LLC is the S corporation. It requires a simpler ownership structure, basically one class of stock and less than 100 shareholders. It is a “flow through entity” and is simple to set up. You cannot do as much with the ownership structure with an S corporation as you can with a LLC so if you plan to stay a flow through entity for a long period of time and raise significant capital, an LLC is probably b… (read more)