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will someone tell me if a LLP account can have a co founder and take external investment.

Anonymous

Anonymous 1

Hey I am on Medial • 2m

Yes, an LLP (Limited Liability Partnership) can have a co-founder. The partners in an LLP are essentially co-founders. However, bringing in external investment can be tricky because LLPs don't issue shares like a private limited company. Investors prefer equity over profit-sharing agreements.

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