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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.

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Term-sheets and Valuations: Thinking about Negotiations - Startups.

Tim Keane

Term-sheets for preferred stock offerings are designed to protect the investor in case things don’t go as well as planned.   However, I assume that the proposed business solves a real problem that people are willing to pay for and that it may be lest costly, more efficient, and IP-protected. [5]