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Representing startup companies can be immensely exciting and fulfilling, but for many lawyers, it’s a labor of love subsidized by other practices rather than a sustainable business model. Startups, especially in the early stages, cannot afford to pay lawyers, even though it’s often in the early stages that they most need legal advice. And when they seek outside financing, startups must negotiate complicated legal documents against experienced venture capitalists with access to top law firms, while at the same time reining in their legal costs to maximize the financing they receive. These challenges are particularly acute in Asia, where startup-side legal fees for financings and other events tend to be lower than in the US and Europe. This panel will consider whether it is possible to have a sustainable startup/emerging companies practice in Asia. Leading VC practitioners in Asia will gather to discuss their experiences – both frustrations and successes – and strategies in building and managing their startup practices.