Both Sides of the Table
AUGUST 17, 2009
To the best of my knowledge US law allows you to work on your own resources and in your own hours and let you personally own your IP. In some countries outside the US (the UK for example) employers can specify in an employment contract that ANY IP you develop while you’re employed by that company is owned by them.
Both Sides of the Table
SEPTEMBER 28, 2014
In these kinds of businesses I’m on the record as advising “ Ring the Freakin Cash Register.” So money spent should add equity value or create IP that eventually will. You technically have more gas left but you never know if some unexpected circumstance causes you to run out of gas. Valuation.
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Both Sides of the Table
FEBRUARY 23, 2015
There is a second set of career discussions I have even more frequently than my “angel yourself” advice but this type is almost never discussed publicly in blogs, which tend to emphasize only billion-dollar opportunities, 20-something technical founders and Silicon Valley elitism. I saved my main point for last.
InfoChachkie
JUNE 25, 2009
Your lawyer is a trusted advisor, but in the end, you run your business, your lawyer does not. In other words, find a lawyer who will take the time to understand the issues underlying your business and advise you how to best accomplish your objectives while minimizing your legal exposure.
Both Sides of the Table
FEBRUARY 25, 2010
If it’s a biz deal you might care about IP protection, revenue share, investment commitments to joint marketing – whatever. Push hard to set up the technical reviews, the due diligence meetings, the reference calls – whatever. On the VC front, I advise other VCs I know to also be careful about over grinding. I’ve done it.
Tech.Co
MAY 22, 2018
Try to compile all the different types of questions you could be asked about your business, like technical details, financial assumptions and projections, marketing, IP, etc., I would advise trying not to get into an argument with an investor. and prepare a response. Less Is More.
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