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by nihonde 3718 days ago
Why don't I find it useful? "Find legal counsel" and "Comply with State-Specific Regulations" are actual line items on your checklist. Your checklist can be reduced to one line item: hire someone who knows what they're doing.

It wouldn't bother me if you were simply sharing your experience in setting up a company, but this article is presented as advice wrapped in a thinly-veiled promotion of your product (and some lawyers/law firms).

2 comments

Agreed with rpgmaker. My experience with the law (IANAL) is that it's sometimes just easier to pull up the books, read the relevant portions yourself, then confirm it with your lawyer for some quick answers. This is what I was doing before having a lawyer and it worked just fine, but having a validation source saved me many, many hours. Simply a hiring a lawyer and somewhat blindly trusting them sounds like poor advice in itself. That said, in an attempt at CYA, please please please just use a damn lawyer.
I said: "hire someone who knows what they're doing". I didn't say "blindly trust someone who holds themselves out as an expert and don't do any homework yourself". In fact, you said you hired an expert to validate your findings, which is exactly consistent with my advice.
That's very unfair. The author took the time to share his knowledge about legal issues surrounding startups and, as is customary when legal matters are discussed, he provided a disclaimer to avoid personal liability but that doesn't mean the article is inaccurate. You won't find anyone offering free legal services on a Medium post.
As I said, I have no problem with a post about "here's what happened to me and how I dealt with it". In this case, the OP is promoting a web-based spreadsheet tool and essentially advertising for a number of lawyers and firms.