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prostoalex
3318 days ago
The way AngelList (and I think FundersClub, too) handle it is to set up an LLC. The investors are then partners in an LLC, not direct shareholders.
2 comments
dragonwriter
3317 days ago
> The investors are then partners in an LLC
Pedantically, "members" not "partners"; an LLC is not a partnership.
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corford
3318 days ago
Seedrs also does it like this.
link
Pedantically, "members" not "partners"; an LLC is not a partnership.