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by relaunched 884 days 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.
1 comments
TooSmugToFail 879 days ago
Interesting. 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.

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