My blog post last week addressed angel financing and included five legal tips for entrepreneurs to help them through the angel financing process. I had intended to post a part 2 (adding five more tips), but I thought I would try something different to break things up a little. Accordingly, below is a brief video of three lessons that I learned in the big-firm trenches as a young corporate associate in New York City.
Oddly enough, I actually look back with fondness on those eight years (including all the all-nighters and weekends working on deals) because of the solid training that I received – which I can finally appreciate practicing law out here in California. Here are the three lessons: (1) do your due diligence; (2) watch-out using forms from other deals or off the web; and (3) create a competitive environment. This is part one of an ongoing series. (Note: videos are tricky and can put some people off; thus, I have also included below the substance of the video in written format.)