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Re:Join as a startup co-founder or the first employee? by rpedela on Monday February 03, 2014 @11:36PM (#7175526)
One of the reasons for creating an LLC or corporation is so that #2 does not happen. As long as company is set up correctly and founders do not do something stupid like personally guarantee a loan then you should not have to worry about this.
Re:Join as a startup co-founder or the first employee? by matthewrhoden1 on Thursday February 06, 2014 @11:04AM (#7190992)
That's true, it does depend on the company type, LLC, Sole Proprietorship, etc. Thanks for pointing that out as I completely forgot about the pros and cons that comes with each.