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Ask HN: Is one C Corp enough for multiple micro startups? | Better HN

Ask HN: Is one C Corp enough for multiple micro startups?

3 pointsshafkathullah3y ago5 comments

I was wondering if one 'C Corp' registered company(via Stripe Atlas) could suffice for multiple unrelated web based software products and services. I might add employees to each of them in future as well. Primary reason for company registration is to facilitate Strip account for payment etc.

5 comments

dylanhassinger3y ago

yes probably

1 parent corp, its an incubator which has employees

those employees work on products and service offerings

company can then spin off individual product/service if one takes off

Good idea

For instance Meta is a C corp, and Instagram is an LLC one

auroralimon3y ago

just use LLCs, much easier, one per startup. need almost no paperwork.

It seems that VCs dislike LLCs

toomuchtodo3y ago

An LLC can be converted to a C Corp prior to taking investment.

https://carta.com/blog/convert-llc-c-corp/

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