Ask HN: Capitalization, Piercing Corporate Veil, Loans
Undercapitalization is an often cited cause for piercing the corporate veil. Furthermore, some sources indicate that capitalization at time of company formation can be a critical factor in determination of inadequate capitalization.That's why I don't understand the following remark on Clerky's website:"Some founders are tempted to simply increase the purchase price of their common stock, to...