Ask HN: How to structure an LLC for giving out equity

Re:Ask HN: How to structure an LLC for giving out equity by Terretta on Saturday April 16, 2011 @11:59AM (#2454181)

These percentages of ownership are called "membership interests", and they can be for operating or non-operating partners or investors. Both people and corporations can be members in an LLC.

Many of the biggest companies use LLCs for their advantages. Check the return label on your next package from Amazon.

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Re:Ask HN: How to structure an LLC for giving out equity by jasonkolb on Saturday April 16, 2011 @12:40PM (#2454265)

Yeah, and you have to detail how all of that works in your operating agreement and spend thousands of dollars to do so. An S-corp takes care of everything for you due to the huge body of law around corporate share treatment, you get all of that free of charge with a corp.

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Re:Ask HN: How to structure an LLC for giving out equity by Terretta on Saturday April 16, 2011 @03:25PM (#2454637)

That "body of law" is also a box. It significantly constrains your options.

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