Re:Malaysian government plans to promote startups by becomin...
by prostoalex on Saturday October 05, 2019 @11:35AM
(#21166095)
Everybody sees the tip of the iceberg - the venture capitalists and the tech entrepreneurs, but once you dig deeper, there's a need for
* strong intellectual property protection, be it patents, trademarks, etc.
* minority shareholder protections
* some reasonable liquidity structure, allowing employee compensation to have an equity component without excessive tax burden
* legal protections around embezzlements, self-dealing and various other self-gratifying schemes which can be employed by management with a large bank account at their hand
Those issues don't come up very often in the US, because the rules of the game are quite known.
* strong intellectual property protection, be it patents, trademarks, etc.
* minority shareholder protections
* some reasonable liquidity structure, allowing employee compensation to have an equity component without excessive tax burden
* legal protections around embezzlements, self-dealing and various other self-gratifying schemes which can be employed by management with a large bank account at their hand
Those issues don't come up very often in the US, because the rules of the game are quite known.