Comment on Ask HN: Forming a new startup based on old oneComments−adastra222yIf you are raising money, the investor is going to want to restart your vesting anyway and its a huge red flag if you aren't ok with that.Just start a new C Corp and use your developed IP to buy your shares. If you are the sole owner of the LLC, this should be a simple transaction.(I am not a lawyer though, and especially I'm not your lawyer. You should get one.)−dimmkeOP2yThanks, I'll take that under advisement.
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If you are raising money, the investor is going to want to restart your vesting anyway and its a huge red flag if you aren't ok with that.
Just start a new C Corp and use your developed IP to buy your shares. If you are the sole owner of the LLC, this should be a simple transaction.
(I am not a lawyer though, and especially I'm not your lawyer. You should get one.)
Thanks, I'll take that under advisement.