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Should I pay my investor’s legal fees?

“C’mon—you have $500M and I am raising $1.5M and you want me to take the first $25K to pay your legal expenses for doing the deal? That’s like your dad giving you your allowance and then asking you to buy him a hot dog. When we were raising money for Flixster I thought that must be a trick—like if I agreed to that term they would pull the term sheet at the last second and say I failed the secret fiscal responsibility test.” — Joe Greenstein, Founder of Flixster Summary: Venture capitalists don’t want to pay... lire la suite

Lien du post: http://feeds.venturehacks.com/~r/venturehacks/~3/198472398/investors-legal-fee

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