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March Briefing
Brought to you by Render Capital

Who We Are
Based out of Southern Indiana, Louisville, Kentucky, and Dallas, Texas. Render Capital invests in early-stage companies across the Midwest and South(avoiding NY/SF/Boston), spanning multiple industries to build a robust and diverse portfolio.
Render Captial is dedicated to investing in companies transforming legacy industries and archaic models by making emerging technologies accessible. These industries represent a substantial part of the Midwest and Southern economies, providing significant opportunities for growth and innovation. By supporting businesses that drive this democratization, we aim to generate strong returns while capitalizing on the potential of these vital regions.
Why Startup Founders Should Choose a C-Corp Over an LLC for Fundraising
For startup founders seeking to raise venture capital, structuring the company as a C-Corporation (C-Corp)—typically in Delaware—is the industry standard. Here’s why:
Venture Capitalists Require C-Corps – Most institutional investors, including VC funds, prefer (or require) C-Corps because of their clear governance structure, ability to issue preferred stock, and tax treatment that aligns with fund LPs. LLCs, on the other hand, create tax complications for VCs, as LLC income passes through to investors, triggering unwanted tax obligations.
LLCs Can’t Raise on SAFEs – Simple Agreements for Future Equity (SAFEs), the most common early-stage fundraising instrument, are designed for corporations that issue stock. LLCs don’t have stock—they have membership interests—making SAFEs incompatible without complex legal workarounds that deter investors.
Legal and Structural Limitations – While an LLC structure may offer tax benefits for small businesses, it becomes impractical as a venture-backed startup scales. C-Corps allows for multiple financing rounds, preferred stock issuance, stock option plans for employees, and future public offerings—none of which are easily managed in an LLC structure.
Bottom Line: If you’re serious about raising capital, incorporating as a Delaware C-Corp from the start saves time, legal headaches, and ensures your company is venture-backable. If you're currently an LLC, converting to a C-Corp before fundraising is highly recommended, or plan on raising using a convertible note.
As always, please consult a legal professional with experience in venture as this is not legal advice.
Where We’ll Be
Render Angel Network Workshops | Clarksville, Indiana
Ask A VC | Dallas, Texas
What We’re Reading
Why Americans are moving in with strangers twice their age - The growing elderly population with spare rooms mixed with a growing segment of the younger generations being priced out in rent and homes has resulted in an increase in young people living in older strangers’ homes. When Noelle Marcus, who would go on to found Nesterly, was studying urban planning at MIT, one statistic caught her attention: 54 million spare bedrooms sat empty each night in American homes.
VCs Eating PEs with AI - Will we a shift in the private market with VC funds slowly eating away at PEs’ capital allocation, value creation, and possibly a new era of VC+PE relationships?
Investor Pitch Dos and Don’ts: Critical Steps Founders Can’t Miss - Triet Nguyen from Render Capital joins Jayla Siciliano to talk about how startups can de-risk their companies, financial metrics, and red flags.
Shoppers say they want conscious consumption. But they won’t spend to do it - Consumers say they want do-good products but their spending reflects otherwise because while it’s great to buy things that are socially good, it’s better to save on cost.
Job Board
Head of Sales (Enterprise Benefits) – Deep benefits/financial wellness connections & startup experience required.
Business Development Lead – Focus on GTM strategy & execution for benefits and financial wellness
Marketing Associate (Internship or Junior Role) – Support daily marketing execution.
Email [email protected] with your resume and email the subject title “COMPANY - Position” you’re interested in.