Ask HN: Is one C Corp enough for multiple micro startups?

[shafkathullah]

I was wondering if one 'C Corp' registered company(via Stripe Atlas) could suffice for multiple unrelated web based software products and services. I might add employees to each of them in future as well. Primary reason for company registration is to facilitate Strip account for payment etc.

[dylanhassinger]

yes probably

1 parent corp, its an incubator which has employees

those employees work on products and service offerings

company can then spin off individual product/service if one takes off

[ReD_CoDE]

Good idea

For instance Meta is a C corp, and Instagram is an LLC one

[auroralimon]

just use LLCs, much easier, one per startup. need almost no paperwork.

[ReD_CoDE]

It seems that VCs dislike LLCs

[toomuchtodo]

An LLC can be converted to a C Corp prior to taking investment.

https://carta.com/blog/convert-llc-c-corp/