Re:Ask HN: A potential investor in my startup asked me to si...
by kwiki on Monday March 09, 2015 @05:23PM
(#9174196)
Thank you for your concern. We are aware of that and fully share your perspective. I was just checking with the community if there was a precedent or if it can be common practice.
Also, we might be on the look for an attorney and this could be a good place to start looking
In the Army, we had people we called "Barracks Lawyers" who thought they knew everything about the UCMJ (military law) but just ended up screwing a lot of good soldiers with their bad guidance. The moral of the story is that you are likely to get a lot of bad advice here from non-legal types, so be wary of that. YOU are taking all the risk with this decision, not the commenters on this post.
An hour with a qualified attorney now could potentially save you a year of bankrupting litigation later on. This is not the proper venue for seeking advice on a serious legal matter.