This $100 Savings Cost a Founder $2M
Published April 27, 2026 · 0:47 · 30 views
Key takeaways
- A Berlin founder saved [music] $100 and lost $2 million.
- He picked Wyoming LLC over Delaware to save money.
- VCs [music] only fund Delaware corporations.
- Paid $1,200 [music] in legal fees.
Summary
A Berlin founder saved $100 and lost $2 million. He picked Wyoming LLC over Delaware to save money. Launched his SaaS. Traction looked great. Series A talks started. VCs only fund Delaware corporations. He had to reincorporate. Paid $1,200 in legal fees. Lost 6 weeks. The deal died. Delaware isn't cheaper. It's insurance. Wyoming saves $250 yearly but costs you funding. If you'll ever raise venture capital, go Delaware. Don't optimize for $100 today. Optimize for $2 million tomorrow. #startups2026 #venturecapital #delawarellc #foundermistakes #startupfunding
Full transcript
Auto-generated transcript. Watch the video for the full context and visuals.
A Berlin founder saved [music] $100 and lost $2 million. He picked Wyoming LLC over Delaware to save money. Launched his [music] SaaS. Traction looked great.
Series A talks started. VCs [music] only fund Delaware corporations. He had to reincorporate. Paid $1,200 [music] in legal fees.
Lost 6 weeks. The deal died. Delaware [music] isn't cheaper. It's insurance.
Wyoming saves $250 [music] yearly but costs you funding. If you'll ever raise venture capital, go Delaware. Don't optimize [music] for $100 today. Optimize for $2 million tomorrow.
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