By On Jan 10, 2019 Form Template
Startups in Silicon Valley raising their first round of funding can spend upwards of $80,000 on legal fees, according to VentureBeat. Neither the entrepreneur nor the investor wants to see that kind of dough diverted from product development and marketing to lawyers. Enter iDisclose, co-founded by Georgia Quinn. “It takes a TurboTax-like approach, enabling entrepreneurs to do 80% of the work using an online tool that walks you through every step of writing legal agreements with investors,” Quinn says. You still, however, need a lawyer to review the document.
Always use your legal name, current address, daytime telephone number, and a valid e-mail address. If you want your home address to stay private, you can use another address where you receive mail. If your address changes, file a change of address form with the court. Until you change the address you provided, the judge and court will assume you have received whatever legal papers were sent to you.
During the tumultuous course of running a business, you will face multiple difficult choices that may spell the difference between success and bankruptcy. Consider conducting a cost-benefit analysis to balance the complexity of your legal needs against the costs of hiring professional help.
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