Cost IP Software Review Vesting 
Scott Edward Walker
OCTOBER 19, 2020
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.
Austin Startup
AUGUST 20, 2017
Set any vesting schedules and expiration dates on roughly similar terms, if for no other reason just so you can track all of them correctly. Make your choices only after you’ve done some due diligence with other companies where they’ve served. Can you acquire them at a sustainable cost? Are the logistics manageable?
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Scott Edward Walker
FEBRUARY 1, 2014
Mistake #2 : not buttoning-down IP ownership issues (at 10:20). Mistake #3 : not setting-up vesting schedules (at 17:19). Mistake #5 : not doing your due diligence on potential investors (at 38:36). Mistake #2: Not Buttoning-Down IP Ownership Issues. Mistake #3: Not Setting-Up Vesting Schedules.
Scott Edward Walker
FEBRUARY 1, 2014
i) Rule 506 preempts State law, which means all you have to do is file a Form D and pay a filing fee; and (ii) no disclosure requirement/PPM Possible to sell to “friends and family” (e.g., issues to address include: How have they treated their other portfolio companies?
Both Sides of the Table
MAY 5, 2011
Great lifestyle, great cost of living, motivated people and only the crap weather on the negative side. When you account for competition for talent, the difficulty of retention, the cost of living and the difficulty of rising above the noise – there are many advantages of staying put. The ingredients are all here.
maplebutter.com
JANUARY 8, 2013
Outsourcing is something a big company, with a known customer / problem (that has revenue & traction) does to save cost. Don’t wait to fill the void before letting him go (but obviously get all the code / usernames / password). I think quick, do something, then review what I’ve learned. I would tell him how you guys feel.
www.metamorphblog.com
OCTOBER 23, 2010
Experienced, talented software engineers have lots of options in life, and most of them involve getting paid. Thus, the opportunity cost of joining your half-baked venture is dramatically lower than it is for legit professionals. Make sure you own all the IP created during this trial period, and make no promises for later.
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