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I could see VC-provided specialists, like a lawyer, CPA, perhaps also specific skills like a data scientist before a startup has enough cash to employ one full-
by alasdair_ 7y ago
I could see VC-provided specialists, like a lawyer, CPA, perhaps also specific skills like a data scientist before a startup has enough cash to employ one full-time but I don’t see why this would be any better than the startup employing the contractor themselves with cash.
- jjeaff 7y agoI can see a much better situation where the VC gives you cash so you can hire your own CPA and lawyer. We had a VC pull this garbage once. Although it wasn't for equity. They just offered it as a service "at cost". We dropped their $90/hr Manhatten based book keeper and $800/hr attorney just as quick as we could without ruffling too many feathers.