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Dear Founders: Here Are Three IP Mistakes to Watch-Out For

Scott Edward Walker

Over the past six months, my firm has been engaged by a number of startups with significant intellectual property (“IP”) problems. In a couple of cases, the founders played lawyer on their own; in the other cases, the founders either used (i) a Web service that did not address IP issues or (ii) an inexperienced law firm.

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Start-up Tips: Identifying Intellectual Property, Simplified

YoungUpstarts

I’ve attended many IP seminars and conferences conducted specifically for businesses and they are generally always about Patents. Intellectual Property, simply put, is a creation of the mind that’s unique. Copyrights vest in literary, musical, dramatic and artistic work. Copyrights.

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4 Deadly Legal Mistakes That Startups Make

Scott Edward Walker

Vesting Restrictions. The first deadly mistake relates to vesting restrictions. In addition, sometimes a portion of the shares will be deemed to be vested “up front” – meaning that they are not subject to vesting — particularly where a founder has made a significant contribution prior to the company’s incorporation.

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7 Lessons They Don’t Teach You In Crowdfunding School

Startup Professionals Musings

Be extra careful with your intellectual property. Keep all IP details close to the vest. Crowdfunding platforms don’t have the facilities to handle non-disclosure agreements that you might expect from every professional investor. Don’t forget to account for the time and cost of crowdfunding campaigns.

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Do It Right The First Time: Avoiding “Janitorial” Legal Work

Gust

Nevertheless, choosing to defer basic corporate housekeeping items can be disastrous in some circumstances, as when the failure to spend a few thousand dollars on legal fees to clarify IP ownership and equity arrangements comes back to bite a successful company to the tune of millions of dollars on the eve of a liquidity event. Good stuff!

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4 Different Lawyers That Entrepreneurs Need

The Startup Magazine

Intellectual Property Lawyer. If your new business is heavily vested in creating new products and ideas, then it might be a good idea to have an intellectual property lawyer on staff. An IP attorney can help you protect your assets, and advise you on any issues related to patents, trademarks, copyrights, and more.

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Should a Founder License IP to a Startup?

The Startup Lawyer

Often a startup founder will desire to license his or her intellectual property to a new startup venture, rather than transfer ownership to the startup at incorporation via a technology assignment agreement. Founder IP License Problem. Founder IP Should Become Startup IP. This is a bad idea. Conclusion.

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