I 100% agree with you on principal, but the initial purpose of this seems to be specifically to set up companies within accelerators, which are all going to be Delaware C corps so the VCs will invest in them (as you say).<p>An LLC can elect to be <i>taxed</i> as a C corp, but that&#x27;s not the same thing from an investor point of view. An LLC taxed as a C corp still has interests instead of shares and still has use an Operating Agreement under the relevant state LLC act.<p>Changing entity types isn&#x27;t especially hard, but it&#x27;s tedious. Usually you do some sort of subsidiary merger maneuver.