How much will an average seed round cost in legal fees?

質問

Is it true that it can cost almost 40% of the raised amount? I'm referring to: http://venturebeat.com/2014/01/02/it-might-cost-you-39k-to-crowdfund-100k-under-the-secs-new-rules/

We are not so much interested in rasing the funds via crowdfunding, but how much does a seed round usually cost a startup in legal and compliance fees?

回答: 1 公開 & 0 非公開

Selfie
弁護士

I wouldn't care to speculate on what it might cost to crowdfund a certain amount of money given whatever SEC rules are applicable. But assuming you're raising seed money in the US for a US entity, e.g. a Delaware corporation, there's really not any good excuse for legal fees to exceed $10,000. And if it was me, I would be trying to push the legal fees down much lower than that. These days, forms of early stage financing documents are generally available (see e.g. www.seriesseed.com, www.techstars.com/docs/, or www.ycombinator.com/documents/) on the web, and the major deal points of these documents are widely agreed upon. So there shouldn't be that much to negotiate. And I can assure you your prospective investors don't want you spending a lot of money on legal fees.

If you haven't set up a legal entity yet, or a bank account for the legal entity, there will be some fees incurred here. But no more than a few hundred dollars.

最近の質問

Do people really steal invention ideas?

I sometimes see questions on forums like Quora about how to stop people stealing your invention i...

4 5386 2
Is interpretation of known historical facts protectable under copyright law?

I am looking for useful sources on protecting copyright. I am in the process of writing a book ba...

3 6115 2
Fair Use and news feeds

What is the current wisdom on compiling news feeds on a third party website so far as copyright i...

1 3962 0
Looking for good patent firm

How to find a good patent firm to help me apply patent in USA

3 4320 2
What constitutes 'prior disclosure'?

This might be a silly question but I’m a bit confused by ‘prior disclosure’ as it applies to pate...

2 4823 1

発明や知的財産について質問はありますか?
既存の質問を検索するか、専門家ディレクトリで専門家に直接お問い合わせ下さい。
(このページでは、新規の公開質問は受け付けておりません。)