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paulg's profile
Paul Graham
Paul Graham
Paul Graham
Verified account
@paulg

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Paul GrahamVerified account

@paulg

paulgraham.com
Joined August 2010

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    Paul Graham‏Verified account @paulg 14 Sep 2016

    Little known fact about YC: YC's in-house lawyers are so good that it's as good at startup law as any specialized SV startup law firm.

    2:38 AM - 14 Sep 2016
    • 57 Retweets
    • 286 Likes
    • Tara Reed 龙方丈IpodUberPokemonGoFoveMagicLeapHTCKungFuYogi Marcel van der Heijden Brett Heising Leonardy Kristianto Ƙara Ƙropac hok pc Emily Stewart MakeMyCreativeBrands
    11 replies 57 retweets 286 likes
      1. New conversation
      2. Paul Graham‏Verified account @paulg 14 Sep 2016
        Replying to @paulg

        (Probably better actually, but I know as lawyers they'd prefer me to speak cautiously, even when praising them.)

        1 reply 2 retweets 39 likes
      3. Gotham‏ @indiangotham 14 Sep 2016
        Replying to @paulg

        haha..do they give legal advice to incorporate starups in US?

        2 replies 0 retweets 0 likes
      4. Vijay Sivaji‏ @VJnotes 15 Sep 2016
        Replying to @indiangotham @paulg

        here is a YC podcast covering basics of company formation, etc:https://soundcloud.com/akharris/episode-33-y-combinator-on-formation-and-fundraising …

        1 reply 1 retweet 4 likes
      5. Gotham‏ @indiangotham 15 Sep 2016
        Replying to @VJnotes @paulg

        thanks vijay Much appreciate

        0 replies 0 retweets 1 like
      6. End of conversation
      1. New conversation
      2. ianmconnor‏ @ianmconnor 14 Sep 2016
        Replying to @paulg

        but is it better to pick a lawyer specialized in your customer's business or one specialized in startups?

        1 reply 0 retweets 2 likes
      3. Paul Graham‏Verified account @paulg 14 Sep 2016
        Replying to @ianmconnor

        Depends on the domain.

        0 replies 0 retweets 2 likes
      4. End of conversation
      1. New conversation
      2. M i c h a e l‏ @M_i_c_h_a_e_l 14 Sep 2016
        Replying to @paulg

        @sama Because they work in-house (on salary?), are they able to provide support to YC clients at lower cost than external legal pros?

        1 reply 0 retweets 0 likes
      3. Paul Graham‏Verified account @paulg 14 Sep 2016
        Replying to @M_i_c_h_a_e_l @sama

        Way lower cost; they don't charge.

        0 replies 0 retweets 2 likes
      4. End of conversation
      1. New conversation
      2. Colin Percival‏ @cperciva 14 Sep 2016
        Replying to @paulg

        I'm curious, did YC hire them because they were that good, or did they get that good because they get so much experience at YC?

        1 reply 0 retweets 2 likes
      3. Paul Graham‏Verified account @paulg 14 Sep 2016
        Replying to @cperciva

        Some of each, but mostly the former.

        1 reply 0 retweets 0 likes
      4. Colin Percival‏ @cperciva 14 Sep 2016
        Replying to @paulg

        Interesting! I was almost sure you'd give a lot of credit to the number of startups which go through YC these days.

        0 replies 0 retweets 0 likes
      5. End of conversation
      1. New conversation
      2. Kamil Choudhury‏ @kchoudhu 14 Sep 2016
        Replying to @paulg

        How are the lawyers compensated?

        1 reply 0 retweets 0 likes
      3. jim‏ @termoskascajem 14 Sep 2016
        Replying to @kchoudhu @paulg

        cookies obviously

        0 replies 0 retweets 2 likes
      4. End of conversation
      1. Ryn Miake-Lye‏ @sciencedriven 14 Sep 2016
        Replying to @paulg

        @jesslivingston In-house lawyers were tactical business partners. Strategic alliances were HaleDorr pre-merger. #specialorganization

        0 replies 0 retweets 1 like
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      1. Ryn Miake-Lye‏ @sciencedriven 14 Sep 2016
        Replying to @paulg

        @jesslivingston TY! same true for #MillenniumPharmaceuticals Different expertise: specific agreements for working together.

        0 replies 0 retweets 1 like
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      1. shrishti choudhary‏ @yourhackergirl 15 Sep 2016
        Replying to @paulg

        No doubt... they have been dealing with startup laws for so long when founders were considered lunatic for doing something different

        0 replies 0 retweets 0 likes
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      1. a very spooky time for young men in america 🎃‏ @tandemNuclei 14 Sep 2016
        Replying to @paulg

        By what metrics, out of curiosity?

        0 replies 0 retweets 0 likes
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      1. Virgil Griffith‏ @virgilgr 14 Sep 2016
        Replying to @paulg

        this does not surprise me.

        0 replies 0 retweets 0 likes
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