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FakeNoose

(42,445 posts)

12. Most DE companies are nothing more than a locked safe deposit drawer at a bank

Reply to lapfog_1 (Reply #3)

Sat Feb 1, 2025, 08:08 PM

Feb 2025

... and maybe a PO Box somewhere in the state.

It's not a manufacturing hub, there's no tech innovation or job creation going on there.
Just a lot of people driving through on their way to somewhere else.

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Delaware Faces Exodus of Tech Companies [View all] BumRushDaShow Feb 2025 OP

Delaware incorporation laws are very friendly to secrecy, that is how it became #1 and stayed #1 until now. nt in2herbs Feb 2025 #1

They also have one of the strongest corporate veils Quanto Magnus Feb 2025 #11

Good riddance we can do it Feb 2025 #2

both of my startup companies lapfog_1 Feb 2025 #3

LIke Wyoming, but with better beaches . . . hatrack Feb 2025 #4

as was explained to me by my lawyer lapfog_1 Feb 2025 #6

Sheridan, WY, which is home to about 15,000 actual people, is HQ for 1,000s of businesses hatrack Feb 2025 #8

Most DE companies are nothing more than a locked safe deposit drawer at a bank FakeNoose Feb 2025 #12

Au contraire... They are the home of GE Aviation (and GE Aerospace) BumRushDaShow Feb 2025 #14

Yes but GE isn't like any other American company FakeNoose Feb 2025 #15

Yes but I am noting that Delaware DOES have manufacturing BumRushDaShow Feb 2025 #16

This article was written by Musk partisans and given to this so-called journalist as a press release Prairie Gates Feb 2025 #5

There were a flurry of articles yesterday about Meta leaving, as an example BumRushDaShow Feb 2025 #7

Let them go following after Musk. They will go down with him also. There are others out there that can fill ay void. Jit423 Feb 2025 #9

popular for startups as investors like the cour there IbogaProject Feb 2025 #10

Over 65% of the Fortune 500 companies are incorporated in Delaware. nt woodsprite Feb 2025 #13