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Comment by gamblor956 | Hacker News Reader

Always take legal advice from a non-lawyer with heaping grains of salt, because they almost always get it wrong.

If you really are too shortsighted to pay for necessary legal advice for fundamental aspects of your business and want a DIY guide, check out the NOLO series, which is written and vetted by practicing lawyers and includes business-operational perspectives and considerations.

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Are you talking about http://www.nolo.com/legal-encyclopedia/llc-corporations-part... ?

You're right, but if you follow the recomendation, it wont hurt the startup company. Because it's better than nothing.

The power that attorneys' hold is reminiscent of the power early catholic priests held when they knew how to read and everyone else was illiterate...can you imagine? I, like most normal people, am basically legal-illiterate. Absolutely, something is better than nothing. Even if it just serves to raise my awareness of what I need to pay attention to as I boot up my business. Yes, the NOLO books are great and all but dont't stop there. We should have 10's of NOLOs and 1000's of bloggers competing and contributing in this space already.

Thanks OP, hope you stay motivated with this!

The power that (coders/doctors/mechanics/opticians/dentists/security professionals) is reminiscent too. That is why we people gain a trade.

HN would be in uproar if someone wrote a blog saying - hey you don't need a CTO to launch your tech startup, just read my blog on Visual Basic and away you go.

Start ups ask people to invest their lives into the enterprise. The least you could do is get proper fucking legal advice to ensure your employees and co-founders are covered.

Or don't. And get raped by either the taxman or a VC legal counsel.

This person claims to be a lawyer though...

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