LLC
also referred to as: llcs
4 statements across 3 episodes · 1 bullish · 0 bearish · 3 people on the record · first statement Apr 13, 2021 by Cassidy Toles · across every show →
Everything said about LLC, oldest first
Apr 13, 2021 positive
Toles: A three-year-old LLC is an asset due to its credit rating
“An LLC that's been around for three years, In most states is an asset. Who owns the LLC when the company goes under? Because frequently with a startup, that may be the only thing you have that is worth anything after three years. And the reason the LLC is wort…”
Apr 2, 2024
Web Street Distributes Two-Thirds of Profits to Passive Investors
“It's a two third, one third split. So because you're not actively running these businesses, right? You don't own, you have no say in what's done in the businesses. You, the investors receive two thirds of the profit every quarter. And when these businesses are…”
Apr 2, 2024
Web Street SPVs Raise $1M-$2.5M From 50 to 70 Investors
“Sometimes it's two, two to five businesses of different sizes. So you're actually investing. You're a partner in the LLC and. As those businesses cash flow, we distribute the profits back to investors. So each quarter, whatever profits are made, investors rece…”