[adastra22]

I mean it is because everyone else is doing it. Because everyone else incorporated in Delaware, that's where the case law is well established, all existing contracts are written in terms of DE corporate case law, etc. etc.

We all could have picked Road Island or New York instead. But for historical reasons it was Delaware.

[jawns]

Yes, that's correct. Companies originally flocked to Delaware because it was relatively easy to incorporate there, and then the volume of registrations begat the volume of case law, which begat more registrations because of the favorable legal environment.

My point was that it's not just because it's trendy or a matter of conformity. It is a risk-management strategy.

[wernercd]

How is that any different than anything else?

Everyone hates Facebook but everyone uses it. Why? That's where the people are. Same for Instagram, Reddit, etc.

Everyone hates JavaScript. Buggy and counter intuitive. Mess in all the different browsers - historically. But everyone uses it because everyone uses it so it gets the community.

Maybe Delaware is the best... or a victim of circumstance. Or being good enough and one of the early states to get that foot hold.