Remove Founder Vesting Remove Hiring Remove IP Remove Restricted Shares
article thumbnail

4 Deadly Legal Mistakes That Startups Make

Scott Edward Walker

And please don’t tell us to hire a lawyer.) Vesting Restrictions. The first deadly mistake relates to vesting restrictions. IP Ownership. You must confirm that none of the founders’ prior employers has any rights to the venture’s IP because he or she was “moonlighting” while previously employed.

Vesting 89