Should I start an LLC then convert later once it is time for investments? Or just start as a C-Corp now?
At the moment what I have are open source software tools, and ideas on how to monetize them with products built on top of them, but it is going to take some time (months, maybe even more than a year) before any monetizable product is recognizable in terms of being implemented (unless investments can accelerate this).
But I think it would be great to have a business entity now, file trademarks/patents/etc, and be prepared, even if I am not making any money now. (Does it make sense to have an entity if not making money?)
I live in California, but hear I can incorporate in any state.