You can laugh all you want but this is a pretty serious topic that most founders get completely wrong. I am a bit adamant about the correctness of this because I&#x27;ve had to repeat the advice and information to a lot of people.<p>For some reason you, and a <i>lot</i> of other folks, have gotten ideas in your head like:<p>- an LLC is somehow a lesser entity than a C Corp<p>- you can&#x27;t raise money with an LLC<p>- you&#x27;re not as well protected with an LLC<p>These are all completely false in a lot of very important ways that <i>can</i> make differences that have many commas when it comes time for liquidity events or payouts of any sort.