{ August 13th, 2008 }
Y Combinator Open Sources Funding Documents…Venture Lawyers Leave Office Early
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.
About the Author
Ryan Roberts is a startup lawyer and represents technology companies through all phases of the startup process, including incorporation, seed & venture financings, and exit transactions. Click here to learn more about his practice.
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[...] 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 [...]
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