&gt; You can laugh all you want but this is a pretty serious topic that most founders get completely wrong.<p>I appreciate your passion and agree it is an important topic. I just found that specific sentence funny.<p>&gt; an LLC is somehow a lesser entity than a C Corp<p>Personally, I have never thought that. They are just different.<p>&gt; you&#x27;re not as well protected with an LLC<p>I would have agreed with you until recently. I bought a house and the audit for the home loan was extremely thorough. They wanted tax and financial records for all sorts of things that I wouldn&#x27;t think would be relevant. Since I am self-employed that included my business tax and financial records. I pushed back because I don&#x27;t think that is any of their business and they relented only because it is a C corp. I have only bought one house and have one loan. I don&#x27;t know if it is standard practice to audit the business too, but in my case having a C corp saved me from a business audit.<p>&gt; you can&#x27;t raise money with an LLC<p>Technically correct, but I strongly disagree with the blanket advice that first become LLC and then later become C corp if necessary. Likewise I strongly disagree with the blanket advice to just be a C corp.<p>I always ask people what the ultimate goal is. If the ultimate goal is to become Google, Facebook, etc (forget likelihood), then I say C corp. Otherwise I usually say LLC.<p>What being a founder really means is your job is to build confidence. Build confidence with employees that you are a good leader and they can depend on a paycheck from you. Build confidence with customers that you can build a good product and you will support them if they have problems. Build confidence with investors that you will make them money.<p>One way to build confidence with VCs is to have the business set up as a Delaware C Corp. If your goal is to become like Facebook, Google, etc then you will probably need VC money at some point and you will be forced to become a C corp eventually too. Why not just do it at the beginning and show VCs you are serious and have some knowledge about what it takes to become a big, public company. That isn&#x27;t the only way to build confidence nor is it the best way, but it is a way. Why start with LLC and make it a question you have to constantly answer?