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As society increasingly expects corporations, large and small,
to generate positive social impact alongside profits, many
entrepreneurs and executives are incorporating their companies as,
or converting to, Public Benefit Corporations
( PBCs ).  As discussed in our articles for
VC
Experts- Can I Raise Venture Capital as a PBC?
and What are My Exit Options as a PBC? -a PBC
is a legal corporate form created by the state of Delaware in 2013
that, among other things, codifies a company s social mission.
Most significantly, a PBC allows a board of directors to make ....

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