The State’s Formation Strategy Is Reshaping the Startup Playbook Until recently, founders with term sheets went straight to Delaware. It was the safe bet – predictable, court-tested, and investor-approved. However, this default is starting to break. Texas incorporation is rising, and not because builders are chasing headlines. To start with, Tesla has reincorporated in Texas after […] The post Texas Incorporation Is Changing the Terms of Control first appeared on Traverse Legal.