

The Delaware Flip: How to incorporate in the US, when to do it and when not
One of the major differences between the approaches of UK and US venture capital investors is in their choice of holding company in which to invest. US venture capitalists historically insisted that they would only invest in an early-stage UK or other non-US company if the company “flipped” its corporate structure and installed a US (typically Delaware) holding company above the startup’s existing top company. When presented with the question “to flip or not to flip,” companies need to be pragmatic and make an informed judgment call based on thoughtful discussions with their potential US investors, lawyers and other advisors.
Join Daniel Glazer, Head of the US Expansion group and London office at Silicon Valley-headquartered Wilson Sonsini, and tax partner Emma Game, who will give an overview of the Delaware Flip, including how to incorporate in the US, when to do it, and when not.