4 ms·
Early stage deals should be done using standard docs that don't involve lawyers at all. Why should anyone pay 20k to have some legal aids fill in a template? It
by joshfraser 6y ago
Early stage deals should be done using standard docs that don't involve lawyers at all. Why should anyone pay 20k to have some legal aids fill in a template? It's insane.
- harveyesq 6y agoFred Wilson agrees. In his mind you should be able to incorporate, draft and sign series seed documents (no negotiation) for $5K. Although that was said several years ago the same ideal should hold true today in 2020. https://avc.com/2011/03/a-challenge-to-startup-lawyers/ https://avc.com/2011/03/a-challenge-to-startup-lawyers/