US workplace terms
Delaware flip
Restructuring a non-US startup so that a new Delaware company owns it, usually because US investors require it. Shareholders swap their shares for shares in the new parent.
A plain-English explanation of how this usually works in the US, not legal, tax or financial advice. Rules differ between states and change over time, so check your own situation. Disclaimer.
You'll hear it as
The Series A was conditional on a Delaware flip.
Why it matters to you.
For UK staff, it can affect your options, including losing EMI tax treatment. Ask how your options will be handled before it happens.
Related terms.
Videos.
No video mentions Delaware flip by name yet. These are on the same topic, Careers & hiring.