Generation start-up: How Clara helps tech companies cut legal costs – The National

Generation start-up: How Clara helps tech companies cut legal costs – The National

Founding a tech start-up and getting it off the ground is an overwhelming undertaking by any stretch of the imagination. It doesn’t matter how brilliant and disruptive the idea is.

It is an especially daunting prospect for young and inexperienced entrepreneurs who have bootstrapped their ventures, pinning hopes on venture finance to keep them afloat until they attain the success they dream of.

The legal hoops the entrepreneurs have to go through to get their permissions, licences and documentation in order is probably the most difficult challenges of all. The thought of understanding the legal twist and dealing with lawyers charging hefty fees per hour could be the worst nightmare for a founder.