andale
Show HN: How we've delivered $1M+ worth of food in NYC without VC money
"Don't waste too much money on company formation, though. Try to keep the transaction with the lawyer focused solely on vesting. There are lots of other things you can do suboptimally during company formation, but they aren't going to matter so much that you should spend extra money today to deal with them."
Could you expand a bit on this? When you say "Try to keep the transaction with the lawyer focused solely on vesting" do you mean basically making sure that all stipulations around vesting are ironclad and super straightforward?
Ask HN: Incorporating a business and initial legal work: go solo or use a lawyer?
I'm currently at the brink of starting a business, and thus am looking to form an LLC (open to the idea of a C-Corp as well though) in DE, as well as drafting our first Master Service Agreements and employee contracts.The way I see it, I have two options: use a law firm that will charge me <$3000 to set up all these initial legal documents, or try and save some of that money and use...