During the dot com boom years, one of the biggest legal players was Venture Law Group - who always took credit for the "pioneering" idea of taking equity from their startup clients instead of cash. Not surprisingly, this business model left much to be desired after the bubble burst and equity was worth significantly less than the cost a paralegal would charge to photocopy the documents. Still, it's a bit surprising that the end of Venture Law Group received so little attention. The firm announced yesterday that they've merged into well-known law firm Heller Ehrman White & McAuliffe, which will retain that name. Yet another "end of an era" moment.
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