article thumbnail

How to Protect IP When Outsourcing Software Development

Up and Running

Use non-disclosure agreements. In outsourcing to hire an international employee, a non-disclosure agreement ( NDA ) is crucial. This means that there must be adequate compensation for the talent’s work, such as equity or a fee so that the relationship is two-sided.

article thumbnail

5 Factors That Set Your Best Startup Funding Strategy

Startup Professionals Musings

Crowdfunding, on the other hand, opens the investment door online to almost anyone who is willing to bet on a new product or service with an investment, typically for a chance to be first in line for the offering, and willing to forgo any equity or management position in the company.

Insiders

Sign Up for our Newsletter

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

article thumbnail

14 Points To Consider When Structuring A Deal

YoungUpstarts

No matter what you do, you want to make sure that in the process that you protect your intellectual property, have non-disclosure agreements in place, if possible non-circumvents. What is a huge success for me in the terms? Lock down rights and security.

article thumbnail

Key Contracts Every Business Must Use

YoungUpstarts

Whether a business is contemplating entering into a partnership, hiring a service provider or in the process of selling itself, a non-disclosure agreement should be utilized when information is shared with third parties. An employment offer letter or employment agreement should be utilized when hiring employees.

article thumbnail

Crowd-Funding Success Usually Brings New Challenges

Startup Professionals Musings

Professionals maintain that there is plenty of money and equity for qualified startups, and funding marginal startups via any source will only make more people unhappy. But safely seeking equity investments from the crowd via the Jobs Act of 2012 is problematic and has still not been defined. Intellectual property is jeopardized.

article thumbnail

5 Things You Should Never Say When Fundraising

Up and Running

Equity is unsecured. Almost any attorney can break through a non disclosure agreement, so it doesn’t protect your ideas at the end of the day anyway. Don’t say or do any of the following, and you’ll have a leg up on the competition for those investment dollars. This is a no fail deal”.

article thumbnail

6 Ways To Fund Your Invention

YoungUpstarts

Absent an agreement to maintain confidentiality, disclosing your idea to family and friends may constitute a public disclosure that disqualifies you from patent protection. Make sure that you have protected your intellectual property and/or have the investors sign a non-disclosure agreement before revealing the specifics of your idea.