Why are companies incorporated in Delaware?
How an arrogant governor lost a lucrative business to the First State
Sometimes you get lucky.
You stumble onto a source of revenue or an income stream that just grows and grows and grows.
A fountain of gold that rains wealth on your head, pays down your debts and fills your bank account.
Yep, sometimes you get lucky, and then sometimes you do something stupid to squander it all.
In my newsletter Wednesday, I wrote about Delaware C Corporations and how you shouldn’t confuse your employer for your family, friend or confidant.
“Why are companies incorporated in Delaware?,” I thought. Why are more than 66% of the Fortune 500 incorporated in that state, and not, say, New York?
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