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For me this 5000 would directly translate into fewer resources going into creating the product. I think I'll pass.

Yea having to rebrand everything and go to court because you didn't file for a company, service marks, or protect your identity during the early stage is much more fun.

Yea lawyers cost, but it's better than a best buy warranty. Pay now, pay much more later.

It cost me $55 to set up an LLC in Oregon. I am not seeking investors at the moment, and when/if I do, they can cover the costs of moving to a C corporation.

I still want to understand the breakdown of what all that money goes for.

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