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Why OpenAI is trying to untangle its 'bespoke' corporate structure

Engadget

On the Friday after Christmas, OpenAI published a blog post titled "Why OpenAI's structure must evolve to advance our mission." In 2013 , Delaware enacted its own version of the law. Delaware is also the state where OpenAI plans to reincorporate its for-profit as a PBC. Why is OpenAI pursuing a PBC structure?

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Funding Faith: Raising Money For Religion-Based Organizations

Bloomerang

Katzen, President and CEO of the Jewish Federation of Delaware. However, raising funds for these organizations can present unique challenges. Also, Doucet Campbell said that, depending on the structure of the organization, there’s sometimes a misguided belief that a built-in pipeline of giving is automatic. .

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Dear Sophie: How do I successfully expand my company to the US?

TechCrunch

There are even options for companies that are newly formed with limited funding. LLC versus Delaware C-corp. One of the first decisions you’ll need to make is how to structure your company in the U.S. residency or citizenship requirement to set up a Delaware C-corp, and it can be done within a day. visa or green card.

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How to start a company in 4 days

TechCrunch

My company, Pulley, has helped more than a thousand founders build their cap table and equity structure. startups incorporate as Delaware C Corporations with 10 million authorized shares. Here’s a tactical guide to get your startup running in just four days. Day 1: Incorporate. In the U.S.,

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Founded by a Freshworks alum, sales commission platform Everstage gets $1.7M seed funding

TechCrunch

Commission structures are often complex, and become even more labyrinthine as companies grow. The company is headquartered in Wilmington, Delaware, with an office in Chennai, India. Everstage founding team Vivek Suriyamoorthy and Siva Rajamani. For sales representatives, commissions are source of motivation—and frustration, too.

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Ask Sophie: How do we transfer H-1Bs and green cards to our startup?

TechCrunch

investors who invest in my international founder clients tend to be interested in whether the startups have an innovative idea with some initial traction, a strong founding team and are structured as a Delaware C-corporation. Based on my experience, the majority of U.S. The big benefit of grants is that they are non-dilutive capital.

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Raise, a startup building Africa’s Carta, gets backing from 500 Startups

TechCrunch

They spent money managing corporate structures for holding companies in Delaware, Canada, and Europe but maintained paper-based subsidiaries across Africa. Coleby says a seed round is in the works to continue growing deeper into those markets and experiment with funding and liquidity operations across the African VC space.

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