The advantage of the SAS or SASU is that you have a choice.
For a long time, the amount of share capital comforted creditors, bankers and customers about the company's available cash, especially if the company did not ultimately achieve its expected success.
Why is it now obsolete for some? Simply because you must hold 50% of your share capital in cash available at the closing of the financial year. For some sectors of activity, it is essential to purchase merchandise or for cash needs, but for a young firm that tests a market or an idea, in many situations investments are blocked by this obligation that was born in another era. Instead of investing, the law requires you to hoard.
And today what’s the solution? Your business model is your compass but if you are a startup that launches, 1€ may be enough. Any surplus can be put into a current partners’ account. And when the growth curves make investors shudder, there will always be time to increase the share capital.
You choose - are you a treasurer or an entrepreneur?