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kalvin | 8 years ago

Wow, this is great. Props to the Clerky team. If this had existed in 2015 we would have used it, instead we paid a few thousand extra.

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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