Comment by walterbell
8 hours ago
> hostile to LLCs
This editorial on Delaware corporations? https://a16z.com/were-leaving-delaware-and-we-think-you-shou...
Another view, https://handbooks.clerky.com/startup-incorporation/where
Delaware is widely regarded as having strong protections against personal liability for corporations. Some advisors say Nevada has better protection against personal liability. This is arguably true, but the differences are very unlikely to be relevant to founders trying to build a legitimate business. Some people have also observed that Nevada has an adverse selection problem in that their unusually strong protections attract bad actors. As a result, it's possible that if you incorporate in Nevada, you'll be inviting closer scrutiny.
Nevada protects founders from shareholder lawsuits. So if someone defrauds or intends to defraud shareholders - they are more likely to prefer Nevada. To be fair, a lot of things can turn into a shareholder lawsuit in Delaware.