Omeed Tabiei: Startup Formation Costs $2,500 via Lawyers or $800 via Clerky
Startup Lawyer · Fred Wilson Quoted $50K, Paid Under $5K - Now Lawyers Are Panicking · Mar 10, 2026 · at 16:29
Startup attorney Omeed Tabiei compares the typical costs of early-stage startup incorporation packages between law firms and automated platforms.
0:00 / 0:06exact quote · 6.2s
▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark
“2500 bucks. That's what it costs to get it from a lawyer. Or you could go to Clerky and get it for like 800.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Startup Lawyer
Fred Wilson Used AI on Seed Deal After $50K Legal Quote
“The lawyers quoted him 50,000 dollars, and he was like, I think you should do it for less than five, and when they said no, he took his entire history of his closing binders, uploaded them into his, ah, you know, AI knowledge base, and had the AI essentially f…”
Omeed Tabiei: AI Gave Client Completely Wrong QSBS Advice in Buyout
“We were just advising a client on a buyout yesterday and the AI is just like feeding him completely wrong information about qualified small business stock. And how to structure the deal, which is actually like a huge pain as a lawyer when people, you know, bri…”
Omeed Tabiei: YC SAFEs Erased Lawyers From Pre-Seed Funding Rounds
“I think that lawyers have been removed from the angel pre-seed you know, since quite a long time now. You know, for those 250,000 dollar, 500,000 dollar rounds, most founders, when I talk to them, they're like, I don't think I need a lawyer. I just use this Y …”
Omeed Tabiei: 18-Year-Old YC Founders Faced Backlash Over Open-Source Violations
“There were these founders that had been admitted to Y Combinator. It was like these two 18 year old kids. And essentially they had forked some technology, some AI wrapper essentially, and they didn't read the source licensing for the code. And essentially they…”
Omeed Tabiei: Venture Debt Fits Proven Unit Economics, Equity Fits Uncertainty
“Well, I think venture debt. Or any sort of debt works really well when you figured out your unit economics around customer acquisition. If you haven't necessarily figured out your unit economics around customer acquisition, I think it can be a bit daunting for…”