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I got bogged down the other day with 29 somewhat long emails in one day back and forth for a negotiating project that I took on for a VC firm who I've dealt wi
by larrys 12y ago
I got bogged down the other day with 29 somewhat long emails in one day back and forth for a negotiating project that I took on for a VC firm who I've dealt with before. Handholding and explaing to all parties on issues that weren't even related to the actual transaction in a sense. [1] Without that handholding the deal would fall through (just closed today after another 30 emails). That's in addition to whatever happened over the past 6 weeks. Plenty.
Specifically the emails didn't relate to negotiating issues they related to things unrelated but needed to make sure the seller didn't back out.
I don't quote on an hourly basis (I like to go on "value") but in this case I was curious whether I could build into my rate some way to protect myself by using something that is somewhat familiar to people using attorneys already. (Hence the request for feedback and basic framework...I know I always got billed for letters from attorneys in the past..)
This is a side thing that I do essentially for fun however getting tied up in emails all day kind of kills the fun.
[1] Example: How to use dig or nslookup to verify DNS records are setup properly. Then explaining that you don't need to query both primary and secondaries just one is fine. Sellers "tech guy" thought he had to verify 40 dns records on 4 different AWS servers and threw in the towel which literally almost killed the whole deal.