Competitive intel

[ledmitri]

Setting up a thread to keep an eye on alternative approaches to legal costs issues around the world.

http://www.arcticstartup.com/2014/02/11/legal-fees-can-destroy-investment-rounds-dealcircle-raises-750k-to-slash-them

http://www.dealcircle.co/

Hard to say what they're up to - looks like alpha version to me for now - but i do like the part about regional fragmentation and the beginnings of thinking about how to overcome it. Might be relevant to SEA.

Inside the platform, every participating angel investor can upload their own agreements or choose for a variety of existing templates and negotiate everything online. The templates and suggestions were carefully researched and take into account over 28 different legislations in Europe, which allows for very easy cross-border investments and an innate understadning of how Europe works.