A Startup Knows It Needs a Lawyer When:
ithacaVC
JUNE 20, 2011
4. You are raising money: raising funds requires documentation regardless of type of financing. This is just the tip of the iceberg. Lawyer time required: 5 to 10 hours dependent on how fast you are hiring. You might be doing a convertible debt round or an equity round. The convertible debt round will take less legal time.
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