LLC

4 statements across 4 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Apr 20, 2021 by Rob Walling · across every show →

Everything said about LLC, oldest first

Apr 20, 2021 neutral
Insight
C-Corps Suit 5-Year Exit Plans; LLCs Better for Taking Dividends
“If you plan to run it for five years and sell it, personally, that's not a bad idea. If you plan to pull dividends out, it's not a good idea because C Corps have double taxation”
Rob Walling Apr 20, 2021 ▶ 4:25 Episode 546 | Hiring Entrepreneurial People, Anonymity, Disruptive Innovation, and More
Jul 13, 2021 neutral
Insight
Walling: Planning long-term profit distributions significantly shrinks investor pools
“If you say I'm going to be an LLC and I want to take profit out of business and run this for 10 or 20 years, you will significantly reduce the pool of investors who are willing to invest in you.”
Rob Walling Jul 13, 2021 ▶ 34:24 Episode 558 | Thinking Through Funding as a Bootstrapper
Apr 23, 2024
Disclosure
Walling ran six-figure software products without an LLC from 2002 to 2007
“I didn't have an LLC for the first five years of, I had all these products. I had, this was from O two to O seven, 2007. I was a freelancer, I was a contractor, and I was making money from software products, six figures from all this stuff. And I was still a s…”
Rob Walling Apr 23, 2024 ▶ 31:14 Episode 710 | Is Coding Dead?, The "Right" Tech Stack, Funded Com...
May 12, 2026 neutral
Insight
Walling: Founders do not need LLCs for landing pages or early revenue
“If you set up an LLC, it reduces your liability, but loose guidance, you don't need one when you have a landing page. You don't really even need one when you have some revenue.”
Rob Walling May 12, 2026 ▶ 8:16 Episode 832 | Going Full-time, When to Pivot, Building With Young...
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