According to a VentureBeat article, the average legal cost for a startup in Silicon Valley using big law firms for an incorporation and first round of funding is $80,000. $80,000! "Most of the money that startups raise in their first rounds of funding goes directly to legal fees." That's out of control! VentureDocs brings the cost of these legal documents back into balance. Spend hundreds instead of thousands. Law firm price/10. That's our model.
Get your legal documents in minutes, not days or even weeks compared to lawyers and other document preparation services. With VentureDocs, you can preview and then download your fully prepared documents in minutes, and filing a Certificate of Incorporation or Certificate of Formation generally takes 24-48 hours. Let's face it, startups need to move quickly, and you can't afford for your lawyer or legal document service to play catch-up.
Everybody makes mistakes. With VentureDocs, you're minimizing the mistakes caused by sloppy drafting and you're building the legal foundation that venture capital investors want to see. We have used only the best open source legal documents published by the likes of Y Combinator and TechStars. The VentureDocs service is to customize these industry leading documents for your specific needs.