If you're paying your VCs legal fees you're making a mistake. You don't need to do that any more. :-) You can also cap it (i.e. $10k of your legal fees). Fight

If you're paying your VCs legal fees you're making a mistake. You don't need to do that any more. :-) You can also cap it (i.e. $10k of your legal fees). Fight for this point by saying "you want as much money in the company as possible"). $25k is fairly standard on a $4M raise.