Is it necessary to hire a lawyer to draft a PPM?

by a searcher from New Jersey Institute of Technology

1 year ago

Hello everyone, I have a question. i am in early phases without financial backing, is it necessary for me to hire a lawyer to assist in drafting a Private Placement Memorandum (PPM)? I've already prepared a draft of the PPM and would greatly appreciate it if someone could review it and provide feedback

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41 comments

searcher from University College London, University of London

^Searchfunder member‌ you shall not waste money on the lawyers.

3 months ago | like reply | 0 likes

searcher from Yale University - School of Management

This has been a helpful set of comments, chiming in here, it seems most investors do not need a PPM that is reviewed by a lawyer, they look for fit first and investors should already know the search model.

5 months ago | like reply | 0 likes

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