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A comment on Just launched! Asking for news.yc feedback..

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Re:Just launched! Asking for news.yc feedback. by jaed on Wednesday October 03, 2007 @02:29PM (#62692)
LLC's protect against individual liability. They would be sueing the company, not the management team's personal assets.
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Re:Just launched! Asking for news.yc feedback. by yubrew on Wednesday October 03, 2007 @02:48PM (#62703)
LLC's protect against individual liability, unless if they were doing something illegal. There are other holes that make LLC's and other corporate entities much less bulletproof than commonly believed.
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