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That's an interesting point. I've always thought of contracts as being the mechanism by which two honest parties clarify the terms of their agreement, such tha
by nirvana 15y ago
That's an interesting point. I've always thought of contracts as being the mechanism by which two honest parties clarify the terms of their agreement, such that the main value was getting the details written down, and agreed on, where they might otherwise be missed.
It depends on the business, of course, but while I won't sign something I disagree with, I'd never trust that a court would have my back in a dispute. I'm more more concerned with whether the other party has integrity, and has interests aligned with mine, than specific terms of an agreement.
In large part, I think of contracts as unenforceable, though maybe this comes from working at startups so much where you sign contracts, but you know that at your current size you couldn't afford the court case to enforce the contract, if it came to that.
Mediation makes them more viable, though, since it lowers the barrier for getting a dispute heard.
I think you and I don't live in Silicon Valley for very similar reasons. Plus, I just find the high risk focus a distraction from building a scalable business.