Organization type for venture capital?
Posted by admin on 3 Jan 2009 3:40 pm. Filed under Corporations.
Albert S
Me and my partners have started a business which is incorporated as an S-Corp. We are interested in obtaining some venture capital. Do we need to switch our company to a standard C-Corp? If we aren’t required to do so, is it advantageous to?
Well, I’m not looking for any advice that would be a subsitute for getting a lawyer. I am just trying to get some basic information.
Me and my partners have started a business which is incorporated as an S-Corp. We are interested in obtaining some venture capital. Do we need to switch our company to a standard C-Corp? If we aren’t required to do so, is it advantageous to?
Well, I’m not looking for any advice that would be a subsitute for getting a lawyer. I am just trying to get some basic information.
One Comment to “Organization type for venture capital?”
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On January 4th, 2009 at 10:31 pm
If you become successful. u will need a lawyer…assuming you plan on becoming successful………………then get a lawyer NOW..before you find out you made a bad choice………..