Content
@
0 reply
0 recast
0 reaction
Michael Cameron
@iserlone
Can some of you help me do napkin math to estimate the cost of getting sued by the SEC: - Lawyer Hourly Rate: 1250 - hours per case: 5000 Total Legal: $6.25 million. If lose, average settlement: ?? Plz comment what the actual numbers here should be 🙏
1 reply
2 recasts
6 reactions
jim zhou
@jimz.eth
If one of your founders has a law degree and practiced in administrative law, the costs will come down dramatically. Not saying that your founder should go pro se, but everyone who practiced makes relationships and frequently owes favors to each other for little things. I don't have an active bar card rn, don't ask me.
0 reply
0 recast
1 reaction
