🚨 a16z Moves Incorporation from Delaware to Nevada
Andreessen Horowitz (a16z) announced they are relocating their state of incorporation from the traditional Delaware to Nevada.
Here are some of the key reasons:
- Nevada codifies it in statute, so you’re less exposed to shifting court interpretations.
- Personal liability only applies if intentional misconduct or fraud is proven.
- In Nevada, only shareholders with 15%+ ownership can inspect company records.
Read the full a16z analysis here 👉 https://a16z.com/were-leaving-delaware-and-we-think-you-should-consider-leaving-too/
#Legal #Incorpoation #Article #Analysis
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Andreessen Horowitz (a16z) announced they are relocating their state of incorporation from the traditional Delaware to Nevada.
Here are some of the key reasons:
- Nevada codifies it in statute, so you’re less exposed to shifting court interpretations.
- Personal liability only applies if intentional misconduct or fraud is proven.
- In Nevada, only shareholders with 15%+ ownership can inspect company records.
Read the full a16z analysis here 👉 https://a16z.com/were-leaving-delaware-and-we-think-you-should-consider-leaving-too/
#Legal #Incorpoation #Article #Analysis
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🔥 Join 3N to stay updated on startup opportunities!
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