News for hackers. Stuff that matters.
Re:Ask HN: Leaving as founder, what happens with equity? by daegloe on Thursday November 12, 2015 @11:21AM (#10554059)
Unlike C Corporations, LLCs are pass-through tax entities. This means profits and losses pass through to the individual members. [0]

[0] https://www.sba.gov/blogs/6-things-you-need-know-about-your-...

Re:Ask HN: Leaving as founder, what happens with equity? by benajibayassine on Thursday November 12, 2015 @11:51AM (#10554292)
Thanks a lot! .. and you would think a lawyer who charges $700 per hour should know that. Motherf*$&er!!