Negotiation and Inexperience - Silicon Hills Lawyer
TL;DR: Having access to trusted advisors, and the time to consult with them, is essential for anyone negotiating terms with which they have very little experience. Don’t accept someone’s argument that you must negotiate important issues live. It’s simply untrue, and a tactic for gaining unfair leverage. Background Reading: Common Stock v. Preferred Stock “Founder Friendly” […]
posted in Advisors , Angels , Board of Directors , Ethics , Founders , Funding , Power , Startup Lawyers , Venture Capital on December 11, 2017 by ancerj TL;DR: Having access to trusted advisors, and the time to consult with them, is essential for anyone negotiating terms with which they have very little experience. Don’t accept someone’s argument that you must negotiate important issues live. It’s simply untrue, and a tactic for gaining unfair leverage. Background Reading: Common Stock v. Preferred Stock “Founder Friendly” Ask the Users A recurring theme of SHL p
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