7 ms·
Except their legal fees. Whenever you close a round, make sure you negotiate a cap on the legal fees you are willing to cover. The company pays for VC legal fee
by relaunched 3y ago
Except their legal fees. Whenever you close a round, make sure you negotiate a cap on the legal fees you are willing to cover. The company pays for VC legal fees - SURPRISE.
- TooSmugToFail 3y agoInteresting. Two out of two times I managed to negotiate every side paying their own fees. It incentivises rationality in how legal counsel is used in the process.