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by jon_dahl 5776 days ago
Getting a lawyer as a first step is terrible advice

With respect, I think it's great advice. He's far enough along that he's interested in the price and already talking logistics. "Should they be able to see the full source code in advance?" "Which steps would be involved..."

And even before that point, experienced advice is important. A good lawyer can provide that, just as YC and good angels provided it in your case.

that will cost you a lot of money and a lot of time on something that 1) you many not be interested in 2) may not actually happen. ... It would have been a huge waste of time and money if we got a lawyer like some people on HN suggested, before actually figuring out steps 1-3.

But if you find an attorney who will defer legal fees until an acquisition is finalized, you wouldn't have that problem.