Ask HN: Par Value, what do think?
2 comments
The reason for the variation is that the actual number doesn't matter, just that it's nominal.
I thought it was because the more par value you put on your stocks, the more its going to cost you during incorporation.
FYI: My company has 10,000,000 stocks valued at .01 a share, it cost $94 total [Delaware C-corp].
FYI: My company has 10,000,000 stocks valued at .01 a share, it cost $94 total [Delaware C-corp].
Is this somehow related to the stage of the company, for instance initial filing of the corporation vs. issuing a round preferred stock?
What are your thoughts on this?