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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

Not only do our business clients turn to us for lawsuits, but they also ask us to create efficient processes and develop their brands. We are not “finders” and usually serve the role of advisor and attorney. A few years ago “venture capital” was a revenue model. A few years ago “venture capital” was a revenue model.