[nitwit005]

While some like the local laws, CEOs have openly stated they've incorporated there for tax reasons, and there's research suggesting the tax benefits matter more than the legal benefits: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1737937

I'd also note they seem to have given in to some federal demands to make the incorporation rules stricter: https://www.marketwatch.com/story/delaware-backs-overhaul-of...