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Leaving Delaware

Elad Gil · 5 Feb 2025

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Elad Gil did not write this page.

Every claim below was made in this piece, quoted word for word and numbered in the order the piece makes them, so you can read it there rather than take our word for it. The sentence above each quote is our reading of the claim, not their wording. Each quote was checked against a stored copy of the page at build time; where the two differ, the quote is the fact.

  1. Our reading

    A legal environment that feels arbitrary, litigious, or politicized harms a business's ability to serve its customers and function.

    Their wordsIf the environment feels more arbitrary, litigious, or politicized in nature, it can harm the ability for a business to serve its customers and to function.

  2. Our reading

    Founder-controlled and politically exposed companies are the most likely to leave Delaware for Nevada or Texas.

    Their wordsGiven recent activism in Delaware courts, there are two types of companies most likely to leave the state and convert to Nevada or Texas entities.

  3. Our reading

    More companies will move their incorporation out of Delaware over time.

    Their wordsone could expect an increasing flow of companies moving their incorporation out of Delaware over time in parallel.

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