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Why Finders Are Losers

The Startup Lawyer

Whenever a startup considers paying a “finder&# for successful investor introductions, I have the same type of conversation with the founders that goes something like this: – Startup : “Finder&# knows a lot of investors and he’ll introduce us if we pay him [6]% of all capital raised through the introductions.

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Attorney and Startup Business Advisor – Aaron Shechet

SoCal CTO

It was a great conversation and I thought it would be a good idea to do some visible networking with Aaron to get to know him better. You and I were talking about a startup recently and where they might go for seed stage funding, what is your impression on that aspect here in Los Angeles? Tell me a bit about your background.