Y Combinator Open Sources Angel Funding Legal Documents

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Ryan Roberts is a corporate lawyer and advises clients in a wide variety of transactional matters, with an emphasis on startup companies, mergers and acquisitions, and securities. Visit his law firm's website.

Y Combinator Open Sources Funding Documents…Venture Lawyers Leave Office Early

August 13, 2008

Well I guess that’s it folks. I had a fun ride. Y Combinator has “open sourced” legal documents they provide to their startups seeking funding. The documents were created by Wilson Sonsini Goodrich & Rosati, Y Combinator’s law firm.

But as of 7:39PST on August 13, there is a “glitch” with the link to the open source documents. Here is the current message you get if you click the link to the documents:

Sorry, there’s a glitch with the documents and we had to take them down. We hope to have something back soon.

I’m wonder if by “glitch with the documents” they really mean that Wilson Sonsini Goodrich & Rosati is not exactly happy with this particular open source movement.

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1 Comments For This Post

Marc Freedman Says:
August 20, 2008 at 3:05 pm
Since the docs were open source and the site was up for a time, it’s highly likely that the docs are floating around somewhere. Perhaps you or your readers could find and post them until Y Combinator is ready to make them live again.

Marc

1 Trackbacks For This Post

Y Combinator Angel Funding Documents Still Not Available | The Startup Lawyer Says:
August 19, 2008 at 11:33 am
[...] mentioned last week that Y Combinator was open sourcing their angel funding legal documents. I also noted that soon after the documents were made public, people (myself included) received [...]