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A comment on Ask HN: Next best to incorporate other than Delaware?. Parent comment

Re:Ask HN: Next best to incorporate other than Delaware? by CLiED on Saturday December 07, 2024 @02:18PM (#42352084)
A judge might take your $50 billion options package if you incorporate there, a real risk to most of us.
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Re:Ask HN: Next best to incorporate other than Delaware? by new_user_final on Saturday December 07, 2024 @02:34PM (#42352223)
It's over $100 billion now (due to Tesla stock price increase)
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Re:Ask HN: Next best to incorporate other than Delaware? by refulgentis on Saturday December 07, 2024 @02:19PM (#42352098)
Well, they might take it if you don't have an independent board of directors, that you browbeat into it, and some shareholders sue, and are able to substantiate that to a judge via a long legal case. In that case, you might be upset, but your investors won't be.

EDIT: Some facts are too dangerous to share, because of how they make people feel.

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Re:Ask HN: Next best to incorporate other than Delaware? by toomuchtodo on Saturday December 07, 2024 @05:42PM (#42353416)
It is highly unlikely anyone here will ever have to worry about this problem, the odds are worse than winning the lottery [1] [2]. ~90% of startups end up in failure [3], for example.

[1] https://medium.com/@13032765d/the-chance-of-becoming-a-billi... | https://archive.today/CwENd

[2] https://medium.com/@RisingUnicorns/reality-of-95-startup-fai... | https://archive.today/NCzaX

[3] https://www.ycombinator.com/library/D0-startups-for-students

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