[AlchemistCamp]

Stripe Atlas is the one and only system I've discovered that makes it possible for founders outside the US to get a US bank account. I know dozens of founders with varying degrees of success who have tried for months and failed.

If you're in the US, then it's different. In particular, I don't think Delaware is a good choice for most bootstrappers. Creating an LLC in Nevada, Wyoming or another low-cost, low-hassle state.

It also depends on the state you live in. California, for example, is very aggressive in classifying every business owned by its residents as doing business in California, so many California residents either form a California LLC or leave the state to start their businesses.

Standard disclaimer: I'm not a lawyer, I'm not in the US and if you make business decisions solely on the basis of what you see on a forum, it likely won't end well.

[adventured]

Your points were all sound. I'd emphasize that if you're in a state that is reasonable for incorporation (some are not), you're often better off as a bootstrapper to set up an LLC in your own state rather than in Delaware, Nevada et al. Managing most problems are considerably easier within your own state / locally. And if it ends up being successful, you are likely able to afford the cost and hassle to reincorporate in a more ideal state based on the specific business needs.

[mixmastamyk]

CA resident here; didn’t notice any flaws in your post.