What service did you use to incorporate? Would you recommend it? What advice would you give to a first time founder that wants to incorporate and start raising? (me)
Cooley vs. Gust vs. Stripe vs. Clerkly vs. Other (2021)
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Re: Cooley vs. Gust vs. Stripe vs. Clerkly vs. Other (2021)
#2Of your options: 1. If you end up taking legit money, you'll want regular counsel. Cooley is great.
2. Stripe Atlas is only $500 and takes a couple days. But as soon as you raise money, big law lawyers will update your agreements so you're back to step 1.
Also, remember. Most big law firms will offer you a fixed price for the initial incorporation and financing. Don't be afraid to ask.
Re: Cooley vs. Gust vs. Stripe vs. Clerkly vs. Other (2021)
#3Depends how far along you are. You can always hold off on incorporating until you have a term sheet or ready to get your docs signed. Of your options: 1. If you end up taking legit money, you'll want regular counsel. Cooley is great. 2. Stripe Atlas is only $500 and takes a couple days. But as soon as you raise money, big law lawyers will update your agreements so you're back to step 1. Also, remember. Most big law f…
Interesting- most people don't say to go w/ a lawyer to start. Cooley has been great so far in consults. I thought Clerkly had tools for post-raise though?
What did you end up going with?