Thrilled to announce that Stripe Atlas can now help you form an LLC: https://stripe.com/blog/atlas-llc I wrote a guide about tradeoffs between an LLC and a C corporation: https://stripe.com/atlas/guides/llc-vs-c-corp … I also have some thoughts:
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Flexibility in legal documents is a blessing and a curse. One downside is that infinite flexibility that has to get interpreted by a highly-paid professional every time it interacts with *everything* means that it's difficult to reason about LLCs as a class.
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By having a standardized Operating Agreement which is allowed to know "I'm running an Internet company with sane defaults, and will not be used as part of some quirky tax structuring for inheritance internationally use case", we can treat the Atlas LLC as a primitive.
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The nice thing about well-defined primitives is that you can build on them, and let other people build on them. The hope is that you'll be able to reason about an Atlas LLC in the same way you can reason about e.g. a SAFE.
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LLCs can scale quite nicely (*waves to Basecamp*) but they're also the classic entry point for businesses just getting started, and we are very, very interested in being there for businesses which are just getting started. That's one reason we're launching at
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In Stripe's operating principles we have something about empowering upstarts. My gloss on this is "Build the products that the type of people who show up for MicroConf want, and build the world that results in more MicroConfs and more people able to participate in them."
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End of conversation
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