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Software startup · 15 min

Setting up the company

A few papers signed in your first month decide who owns your company, what you'll owe in tax and whether investors will put money in. Most are cheap to get right and expensive to fix.

Ticket 01 · The guess

Where do they incorporate?

A company can be formed in any state, wherever its founders live. Of US-based companies that went public (sold shares on a stock market for the first time) in 2024, what share chose Delaware?

40%
0%100%
Words to know

Spot something wrong?

Tell us what looks off. No name or email needed.

What kind of problem?

0 / 1000

We'll also send this page, the lesson, ticket 1, so we can find it. Nothing else. Privacy

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Sources and every number (2)

Sources

  • Delaware Division of Corporations 2024 Annual Report · Delaware Division of Corporations, 2024
  • Delaware Division of Corporations 2025 Annual Report · Delaware Division of Corporations, 2025

Every number

  • 81.4%delaware.gov ·2024 · Delaware Division of Corporations: the share of US-based initial public offerings in 2024 that chose Delaware as their corporate home.
  • 70%delaware.gov ·2025 · Delaware Division of Corporations: "nearly" this share of US-based initial public offerings in 2025 chose Delaware.
  1. Lessons›
  2. Industries›
  3. Software startup
  • ·Before this: Test demand before you build
  • ·Free guide: How software companies make money
Skip to the lesson
Back to the home page and map, from TryOwning · Software startup · Lesson 6
Part 1 of 3Part 1 of 3, 0 done

Software startup · 15 min

Setting up the company

A few papers signed in your first month decide who owns your company, what you'll owe in tax and whether investors will put money in. Most are cheap to get right and expensive to fix.

Ticket 01 · The guess

Where do they incorporate?

A company can be formed in any state, wherever its founders live. Of US-based companies that went public (sold shares on a stock market for the first time) in 2024, what share chose Delaware?

40%
0%100%
Words to know

Spot something wrong?

Tell us what looks off. No name or email needed.

What kind of problem?

0 / 1000

We'll also send this page, the lesson, ticket 1, so we can find it. Nothing else. Privacy

·
Sources and every number (2)

Sources

  • Delaware Division of Corporations 2024 Annual Report · Delaware Division of Corporations, 2024
  • Delaware Division of Corporations 2025 Annual Report · Delaware Division of Corporations, 2025

Every number

  • 81.4%delaware.gov ·2024 · Delaware Division of Corporations: the share of US-based initial public offerings in 2024 that chose Delaware as their corporate home.
  • 70%delaware.gov ·2025 · Delaware Division of Corporations: "nearly" this share of US-based initial public offerings in 2025 chose Delaware.
  1. Lessons›
  2. Industries›
  3. Software startup
  • ·Before this: Test demand before you build
  • ·Free guide: How software companies make money