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What’s the difference between a normal LLC, and a Series LLC? Does your state recognize Series LLCs? Find out which option is right for your startup.

Definitioner

HTTPS

Hyper Text Transfer Protocol Secure

LLC

Limited Liability Company

Startup

A startup is a new business venture / enterprise in its initial or early stages of development. These stages include the concept, seed, early, growth and mezzanine stages.⁶

Option

A security granting the holder the right to purchase a specified number of a Company’s securities at a designated price at some point in the future. The term is generally used in connection with employee benefit plans as Incentive Stock Options (“ISOs” or “statutory options”) and Non-qualified stock options (“NSOs” or “Nonquals”).However “stand-alone options” may be issued outside of any plan. Generally non-transferable, in distinction to warrants.³

INFOGRAPHICS

INFOGRAPHICS

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