Given my discussions on Law Firm 2.0 and how to make legal services more efficient, I was happy to see someone take a stab at some model financing documents for seed deals.
I’ve had several people ask me what I think of the Y Combinator documents. In general, I like them. I think they are fair and certainly would not be looked poorly upon by a venture capitalist that might fund the company down the road.
As with any documents, there are going to be some changes to meet one’s particular needs, but I think these are as good as any from a starting point. AND NO, DON’T TAKE THIS RECOMMENDATION AS ME BLESSING THESE DOCUMENTS OR ACTING AS YOUR LAWYER. (Sorry, I have to say that).
Good work, folks. Every little bit helps.