Re:Burning it down on the way out – how can non-tech founder...
by greenyoda on Tuesday February 05, 2019 @10:28PM
(#19092459)
> shit happens, and when it does, it would be nice to know that the owners are going to stay the owners and the IP/code stays with the company
This is why we have contracts and lawyers. You shouldn't start up a company without first having paperwork that clearly defines who owns the company, its intellectual property and other assets. For example, who owns what percentage of the shares, what is the corporate governance structure (who are the CEO, officers and board), etc.
This applies even to a business partnership of two people.
This is why we have contracts and lawyers. You shouldn't start up a company without first having paperwork that clearly defines who owns the company, its intellectual property and other assets. For example, who owns what percentage of the shares, what is the corporate governance structure (who are the CEO, officers and board), etc.
This applies even to a business partnership of two people.