Mm-hmm

... anytime you're dealing with maintenance, common charges, et cetera, anything where your daily drain is gonna run up a meter that you'll eventually not be able to afford, that's the trigger.

So high carry costs, slow bureaucracies, and slow legal processes.

So New York is the trifecta here.

So in New York, for example, you can end up with mechanics liens from a subcontractor who didn't get paid by a main contractor.

You could end up with complaints from, uh, from neighbors, and not even adjacent neighbors.

You could have neighbors from a block down, two blocks down say, you know, this is...

Mm-hmm.

Why don't you set the stage for us?

Oh, absolutely.

And you know what? It is one of those things that's much better to watch from the sidelines than be a part of.

And spoiler alert, the takeaway is gonna be that have your lawyer review your corporate documents before you think you're in charge.

But picture this.

A founder goes ahead and creates a company, has builds everything from scratch, brings in investors, and then suddenly receives notice that the board plans to remove him as CEO.

Now, his first reaction's gonna be, "They can't do that.

And this is where, you know, again, it becomes very regrettable.

So let's stay tuned for this clip from the conversation that we had with attorney and tech enthusiast, Alice Pakin.

Never ever trust the demo that they give you where they provide the prompts and inputs and lo and behold, it works wonderfully.

They tested it thoroughly for their specific example.

I promise you that unless it's a really bad salesperson, he's not finding out what the tool is going to output.

When he's standing there in front of you, showing it to you, he knows what it's going to say because they tested that one.

But when you say, hold on, let me provide the query.

Let me ask it about this nuanced bit about the law in my state in this particular practice area.