I am involved in a startup that is discussing whether to form a C Corporation or an LLC. I have some experience with a capitalization table (cap table) but I don't know how to track member equity interest in LLC.

corporations finance business-entity llc

asked by rklein

I've always considered LLC's to be for small personal businesses such as software consultancies, design agencies and so on. But there are large companies I'd have thought would be full corporations but are not. For example, Kaiser Permanente is an LLC with 150,000 employees. Chrysler, the car company, is also an LLC.What benefit do they get from being LLCs?

finance business-entity tax-classification llc s-corp

asked by mkennedy