"When I first started my Founders Doc I thought it's just launch it and then get a consumer response. So I would say if it is your first time doing a startup, just focus on getting consumers or getting a product market fit before you spend money on legal. It's always a risk and reward thing, right? If you only have two consumers and you spend $5,000 on legal documents, then it's just a waste of money. So make sure you get your product market fit right first before you put any more money in it, whether it is it legal or anything else actually. And that is the lean startup model, right?" - Rachel Wong
In this episode, Jeremy Au speaks on what startup lawyers actually do, decoding fundraising contracts, and the legal tradeoffs founders make under pressure.
Keywords: Startup Lawyers, Fundraising Contracts, Legal Tradeoffs, Singapore, Women Founders, LegalTech, VC, Founder Story
