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i think if yc startups are being set up by lawyers vs. incorp service than you might consider going that route. There are a ton of variables involved for each

by Mistone 19y ago

i think if yc startups are being set up by lawyers vs. incorp service than you might consider going that route. There are a ton of variables involved for each situation, but if your going for the angel to VC path, paying for a lawyer with experience in web/tech startup financing is a good idea. Many top law firms will defer the fees, and it looks good to an investor when you have decent lawyer backing you up.

ashu 19y ago
Thinking that getting a good lawyer will get you investment is fallacy. The only thing that gets you an investor is showing traction and having a business model (at some point in the future, at least.) That said, having a good lawyer is important just for legal reasons and because the lawyer can foresee complex situations (founders splitting up and so on) that you wouldn't.
- Mistone 19y ago
  your right, my comment was not intended as having a good lawyer gets you an investor. simply shows your going about things in a professional manner and not likely to have some dodgy legal snaffu derail you at the last minute. Some advice about what not to do is a good way to put it.