We are in the process of updating and reviewing our cap table. We can't afford big firms and want to have someone we can rely for the future.
If there is one thing that entrepreneurs, CEOs, CFO's and COO's can all agree on it's this ==> big firm legal fees are expensive!
It's why I started Silicon Valley Counsel. I was a big-firm attorney at Cooley for 7+ years, then a General Counsel at a tech startup for almost three. This made me realize that growing companies cannot afford big-firm rates but need the assurance that their legal details are big-firm worthy (when being acquired, doing a financing or even going IPO).
I have run an on-demand General Counsel business for the past 4 years. I help Silicon Valley companies, and increasingly national and international SMBs as well. Part of the cost savings I provide is via technologies I implement, and less overhead. Mostly, it's know how though having already navigated the growing company landscape many times. Big firms are simply not incentivized to learn what I have learned.
Specifically I help with cap tables, equity financings, contracts that get through the other side's legal smoothly yet with protections, and upside. I also build contract templates that help a company re-use without having to come back and pay again and again.
If this is of interest, check out my profile here on Clarity.
