Don't customize legal documents unnecessarily; instead, get quotes and specifications before spending money on legal services.

For fundraising, standard documents can often be used without legal counsel, saving on legal fees.

If you're investing your own money into your company, it's best to buy equity directly rather than using complex structures. You don't need a lawyer to negotiate with yourself when managing your own investment in a startup, but it's wise to seek legal advice or do thorough research to ensure everything is done correctly.

Incorporate your business properly before fundraising; many investors won't consider investing in LLCs or unincorporated entities.

We standardized the incorporation paperwork for startups, making it simple and easy, which was unprecedented at the time.

Utilize a payroll service provider to handle employee payments and compliance, allowing you to focus on your startup's core activities.

Founders should consider setting up financial and legal structures early, including accounting systems and collecting legal documents, to avoid complications later on.

Investing through an LLC is often beneficial for pooling funds, while individual investments may be simpler for personal funds or trusts.

Companies are becoming cheaper to start and raise funds due to advancements in legal automation and standardization, making it easier for investors to invest.