Entrepreneurs Need to Learn Some Law

Entrepreneurs, especially first timers, should have lawyers review everything they sign. But you can’t outsource the understanding of key financing and other legal documents to lawyers. My point is you can’t leave these judgements to lawyers. They don’t have the expertise to make these expected value calculations nor do they understand how various scenarios affect the founders personally.

 

(Full Post: http://cdixon.org/2009/09/13/entrepreneurs-need-to-learn-some-law/


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Chris Dixon

Chris Dixon is an investor at Andreessen Horowitz. He was previously the Co-Founder/CEO of Hunch, Co-Founder of Founder Collective, and Co-Founder/CEO of SiteAdvisor.

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Filed Under:
Collection: Funding
Category: Negotiating & Closing