I generally recommend that companies (corporations or LLCs) that have aspirations of high growth and external financing organize in Delaware. While I don't know Texas law, I can say that Delaware is widely recognized for having sophisticated and ever-updated company laws, and a large body of case law interpreting those laws. In addition, people and companies all over the U.S. and the world are comfortable with Delaware. Most business lawyers around the country know two states' laws - their own...
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