@rrhoover@kwdinc Thanks, guys! Clerky is great too and worth checking out. Startup Documents' fees are lower (as of this post) and has a broader range of product offerings. Many of Clerky's documents have been in "private beta" for about 2 years. But they're still another great solution in this growing legal-tech field.
This looks interesting. Anything that simplifies the process is great, but I would definitely want a few lawyer's opinions. Sometimes we see people try to go cheap and end up screwing themselves later because they didn't understand the implications of some choice. If there's an area where you're probably safe though, it's incorporation.
@pt Thanks, Parker! We couldn't agree more. We combined the best legal documents that we could find from some of the top Silicon Valley law firms, our legal team poured over all the details meticulously, and we test every product hundreds of times before taking it live. Still, we always encourage founders to set up relationships with experienced business lawyers for customized counseling and legal support.
Looks nice and simple. Legal docs are a headache any way you slice em. I appreciate companies trying to simplify the process and charge a reasonable fee for it
Goodwin Procter's 'Founder's Workbench' does this same product for free: http://www.foundersworkbench.com/ I can't tell of any upside to paying Startup Documents $78 for the same thing..
@gillianim Thanks, Gillian! Yes, there are several good options provided by big law firms for free but they aren't end-to-end solutions. They only enable founders to generate documents in word format and the founders are left to figure out what to file, what agent to use, and how to file. Our formation solution is flat-fee, let's founders e-sign, a registered agent in Delaware is provided (included in the fee), and the certificates get filed right away, on an expedited basis. Filing fees and agent costs through a Silicon Valley law firm are often in the thousands of dollars. Total DE formation cost through Startup Documents is $300. Hope that helps!
The problem with Clerky is they dont support states other than Calif. for Delaware C Corps.. I love their UI though.. and the team is super responsive.
Clerky didn't provide me enough information when I incorporated a company last year. They sorta got me to step one but gave no info on steps two through ten. They do what they do very well though - it just wasn't enough for me. i haven't used it since may 2013 though.
as others have said, help in this arena is always appreciated, and multiple people have already passed me this link before i saw it on PH, so it's clearly filling a need :)
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