article thumbnail

Series Seed Financing Documents

www.seriesseed.com

It would be helpful to get a California standard employee manual, employee contract/agreements, IP ownership release to company, and confidentiality. Standard 1-way/bi-lateral NDA's, standard templates for an employee manual, employee contract/agreements, IP ownership release to company are on my wish-list too.

Finance 40
article thumbnail

Most Common Early Start-up Mistakes

Both Sides of the Table

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Going Global: 8 Things to Consider If You Want to Expand Your Business

Up and Running

Having a good grasp of the local culture can not only help develop your understanding of local customers and customs, but can help avoid any embarrassing or potentially damaging mistakes when dealing with partners and suppliers. See Also: How to Find a Business Partner. For example, it is customary in Germany to use Mr., Mrs., or Ms.,

Global 60
article thumbnail

Startup Founder Agreements

blog.simeonov.com

Most partners, be they lawyers or VCs, tend to tweak the standard with their own language. In one case the CEO had a different vesting schedule because he had spent a lot more time than the rest of the founding team on the idea. It outlines key points of agreement between founders around IP ownership, equity ownership, vesting, etc.

Founder 44
article thumbnail

Beware The Consultant

infochachkie.com

Basing a consultant’s compensation on the incremental revenue they generate is a great example of a deal that is on The Fringe (for other creative approaches to partnering, see Agreements on The Fringe). IP) is an ugly thing at a startup. Performance-based deals are healthy for all parties. Get A Company on The Fringe.

Equity 40
article thumbnail

A Few Key People Really Can Make a Huge Difference

Both Sides of the Table

I know it’s not single-handed as he has both fantastic partners at Foundry Group and many other community leaders. It’s clear that America has a vested interest in promoting entrepreneurship in many regions in the country to stimulate innovation & job creation. My recipe for Seattle or your community: 1.

Seattle 317
article thumbnail

Startup Lessons for the Proto-Founder

www.metamorphblog.com

Make sure you own all the IP created during this trial period, and make no promises for later. Outcome: last night a Biz Dev guy from Disney/ABC sent me an email asking about partnering with some of their online properties. Vest, young man. Need to learn about IP, patents, etc.? “Stealth Mode&# = FAIL. Love yammer.

Founder 51