Posts Tagged ‘legal counsel’

Walker Twitter Highlights: September 5th – 11th

by Scott Edward Walker on September 12th, 2010

I’m using Twitter as a form of micro-blogging to share interesting articles, blog posts and podcasts relating to entrepreneurship, startup and corporate law issues, and mergers & acquisitions.

For those of you who missed this week’s Twitter updates, below are my five most popular tweets (via bit.ly) and two most popular blog-related tweets.  If you’d like to see all of my tweets (or an RSS feed of them), you can do so here.  Many thanks, Scott

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Dear Entrepreneurs: Choose Your Own Legal Counsel

by Scott Edward Walker on September 8th, 2010

Introduction

The purpose of this post is expand upon my answer to the question on Quora:

“What should you do as a startup when a Bay Area VC insists that you use their expensive legal counsel?”

Mark Suster, a VC at GRP Partners, has also written and spoken about how he likes to “share” his legal counsel with the startup in which he is investing.  My advice to entrepreneurs is clear: push back hard on this issue and choose your own strong, independent legal counsel – i.e., a law firm that’s going to work hard to protect you and watch your back.

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