Founding Delaware C-Corp as a Minor

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Founding Delaware C-Corp as a Minor
1 point by whitsa 8 minutes ago | hide | past | favorite | 1 comment

I founded my software startup earlier this year as an LLC, not knowing that Delaware C Corp is the preferred structure for startups. I am now looking into having one of my parents create it and sign everything through Stripe Atlas, but it seems the most complicated part will be how to relate myself to the company and give myself shares without making the ownership structure too complex and scare off VCs. If anyone has experience with a situation like this, or knows someone that could provide some guidance, it would be much appreciated.



Ask an attorney. IANAL, but based on my knowledge, VCs won't sign contracts with minors. So if your entire goal is about how VCs will see you, you are putting your cart way before the horse.


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