this post was submitted on 16 Nov 2023
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Oh, Delaware definitely matters. 68% of Fortune 500 companies and 93% of all US-based IPOs are all registered in Delaware. It's a tax haven.
That's fair and I considered it, but I feel like that's almost the most damning aspect of Delaware. The only trivia anyone knows about the state is it's a tax haven; otherwise it is entirely unremarkable, both in public awareness and in fact.
I do respect those percentages though, that's totally fucked.