Sounds like a great reason to form an LLC for any software endeavor. | Hacker News

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expralitemonk on Jan 25, 2013 | parent | context | favorite | on: Password Breach? That'll Be $172,000,000 Please

Sounds like a great reason to form an LLC for any software endeavor.

eurleif on Jan 25, 2013 [–]

Most of the costs mentioned here are business costs, not legal liability. And I doubt a small developer would get a $400k fine for a password breach.

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