Are Seed Stage VCs Awash In Legal Docs?

As I read about whether investments by VCs in seed stage companies require more streamlined documentation, I’m reminded of the movie “Office Space” and how the boss wants the paperwork done right.

Don’t forget “we’re putting new coversheets on all the TPS reports before they go out now.”

But this is no joking matter, according to Mark Solon, general partner of Highway 12 Ventures. Solon argues in his latest blog post that a happy medium needs to be called for, one that simplifies the set of documentation required, but still fulfills a VC’s fiduciary responsibilities.

Definitely worth reading, especially on a slow Friday.