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Tech people generally love to under invest in accounting and legal services early in a start up, but cases like this show why investors should consider audits t

• redis_mlc 5y ago
  > Tech people generally love to under invest in accounting and legal services early in a start up I'm not sure where to even start with that. An early-stage startup doesn't need any accounting or legal services. In fact those are distractions. You would need that if: - you have employees - you have investors who expect it - you would owe taxes based on sales - those are costs, not "investments" Otherwise, you don't. If you get VC money, they make you redo the legal work and accounting anyway.