“As we say many times in the book, this is not a substitute for hiring a good lawyer,” Jason Mendelson said, sitting in a 46th floor conference room at Cooley LLP. “But most venture lawyers suck anyway.”
Mr. Mendelson was in town with Brad Feld, his partner at the Foundry Group in Boulder, Colorado, to promote their new book, Venture Deals: Be Smarter Than Your Lawyer or Venture Capitalist.
“The thing is, many lawyers who don’t specialize in VC will get bogged down in details that don’t matter, and that ends up souring a good deal,” Mr. Feld added. Read More