The big reason why C corps are preferable is because S corporation shareholders can only be people -- not other businesses, like VC firms. (S corps also can't issue preferred stock.) An S corporation can't take venture capital without first reverting back to C corp status. But an S corporation can save a lot of money on taxes
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Did you incorporate as a C corp or LLC?
C corp in Delaware
Go with S-corp.
Seems like big no-no.
https://news.ycombinator.com/item?id=13784
what is the difference?