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#311 – Magatte Wade: Africa, Capitalism, Communism, and the Future of Humanity
Lex Fridman Podcast
How to Start an LLC in the US
"Back then, this was in 2004, and I built my first company. We had to have two sister companies, one there, one here," he says. "We're talking about a few hundred dollars, you know, free to 350, depending which state you are." In the U.S., setting up an LLC takes 'almost no time' - but it can take months or even years for some African entrepreneurs if they don't get help fast enough.
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