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kalvin | 8 years ago
For anyone starting a mission-driven company, there's not really any practical downside to incorporating as a PBC, though it's still relatively new and untested. It's much less effort than becoming a B Corp, which you can choose to do afterward.
I see some confusion on terms--
PBC: legal corporate structure in 25+ states and growing, but still uncommon
B Corp: a more widely known certification from B Lab
You can be a PBC without being a B Corp but all B Corps need to become PBCs by a certain year iirc
(We incorporated Nava PBC as the first, and I think only, government contractor that's also a PBC.)
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