i always advisor founders to agree on a fee cap with their lawyers before a fundraise or big deal. saves so much ill will later.

Jul 15, 2014 · 8:08 PM UTC

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Replying to @ben_mathes
@ben_mathes there usually ends up being something weird :) but i agree, it'd be a very good startup opportunity.
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Replying to @sama
@sama pretty sure this was one idea you really emphasized when you talked to our YC class in S'07; some things don't change.
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Replying to @sama
@sama what law firm does an incubator like YC use?
Replying to @sama
@sama know what that feels like.
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Replying to @AryaToufanian
@AryaToufanian @sama I work in professional services - ALWAYS negotiate a fee cap if you can #feeraping