OK, so let's take me as an example. For 21+ years, I've "run" a sole proprietorship (i.e. telling myself what to do). Soon, I may convert this into an LLC for various reasons. It's possible that after that, I might actually hire an employee.
At what point along the path from where I am now to being the next FAANG do I become "a corporation" in the sense of the comment under discussion? If I have an LLC and 1 employee, legally I'm certainly a corporation, but this seems to not be what the comment was describing?
At what point along the path from where I am now to being the next FAANG do I become "a corporation" in the sense of the comment under discussion? If I have an LLC and 1 employee, legally I'm certainly a corporation, but this seems to not be what the comment was describing?