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LLC or Corporation: Which Entity is Best For My Business?

StartupNation

Aside from limited liability, what are some good reasons to choose an LLC or a corporation to incorporate a business? Let’s take a look at the areas where LLCs and corporations differ from each other and what that means for new entrepreneurs looking to incorporate as one of these entities. Let’s start with LLC ownership.

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Revenue-based financing platform Bloom secures $377M Series A led by Credo and Fortress

TechCrunch

based startup platform Bloom has now secured a £300 million / $377 million financing round led by Credo Capital and Fortress Investment Group LLC (NYSE:FIG), making it one of the better-funded revenue-based lending businesses in Europe. That’s money that could have been used for more stock, increased ad spend, or customer incentives.

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Use IRS Code Section 1202 to sell your multimillion-dollar startup tax-free

TechCrunch

Using a QSB can eliminate capital gains tax due on the future business sale if the company is established and stock issued pursuant to Internal Revenue Code Section 1202. QSBS is stock in a C-Corporation originally issued after August 10, 1993, and acquired by the taxpayer in exchange for money, property or as compensation for services.

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Shares raises $40 million for its social investment app

TechCrunch

In particular, Shares wants to make stock trading more accessible from a financial point of view and less daunting thanks to social features. According to the trading terms , Shares currently partners with Alpaca Securities LLC , which acts as the execution broker. The startup ticks all the right boxes for a new trading service.

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EV startup Canoo sues major investor over sketchy share sales

TechCrunch

In November 2021, DD Global transferred about 35 million Canoo shares to Canoo CEO Tony Aquila’s LLC. On that day, the stock price closed at $11.43 On that day, Canoo’s stock closed at $5.57 Canoo’s stock is down 5.12% today, trading at $3.61 By this point, DD Global still owned 18.5% in after-hours.

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4 Factors to Consider When Choosing a Business Structure

StartupNation

Limited liability company (LLC), owned by one or more members. Single-member LLC. Multi-member LLC. Business owners who go into business alone have more control than partners (partnerships), members (multi-member LLCs) and shareholders (corporations). Here are the five IRS business entities : . Corporation. S corporation.

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Daily Crunch: Sequoia Capital writes off its $210M investment in crypto exchange FTX

TechCrunch

Founding teams usually select a corporate structure like an LLC or S-Corp, but those who hope to exit for $10 million or more should consider starting up as a Qualified Small Business (QSB) C-Corporation, advises tax attorney Vincent Aiello. Alex wonders, As inflation slows, did we just see the bottom for tech stocks?

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