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Founders: Stop reimbursing your VC's legal fees
(
auren.substack.com
)
7 points
by
todsacerdoti
7 months ago
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3 comments
robocat
7 months ago
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[–]
siliconhillslawyer has some great advice on this, and specifically on how VC captures lawyers due to repeat business:
https://siliconhillslawyer.com/2017/01/01/avoid-captive-comp...
(yeah, the site will have a bias, but the information seems amazingly good to me) I'm not a lawyer nor am I in the US - I'm just a fan of some of the articles - including ones that mention YC like:
https://siliconhillslawyer.com/2019/03/03/standard-term-shee...
but my favourite is about VC power imbalance:
https://siliconhillslawyer.com/2019/02/18/relationships-and-...
VCs use legal fees to their advantage.
tweetieb
7 months ago
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[–]
have always thought this is insane
todsacerdoti
7 months ago
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parent
[–]
agreed!
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VCs use legal fees to their advantage.