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Re:Legal advice every startup founder should know (with Fred... by henning on Saturday October 13, 2007 @04:02PM (#67404)
"Investors will examine the creation of IP very carefully in such a situation as they don't want to buy into a law suit."

Unless the "IP" (a bullshit weasel word if ever there was one) is YouTube.com, in which case investors are eager to pay billions of dollars for a site where 90% of the compelling content is copyrighted by someone other than the person posting it.

Re:Legal advice every startup founder should know (with Fred... by pg on Saturday October 13, 2007 @04:15PM (#67413)
He means the IP of the startup itself, not of the content flowing through it. Google would have been a lot more worried about buying YouTube if some of the code had been written for one of the founders' previous employers.
Re:Legal advice every startup founder should know (with Fred... by henning on Saturday October 13, 2007 @05:27PM (#67448)
Eh, you're right, although I do think the fact remains that buying YouTube is buying a lawsuit.
Re:Legal advice every startup founder should know (with Fred... by dfranke on Saturday October 13, 2007 @07:43PM (#67502)
That may have been the point.

http://news.ycombinator.com/item?id=3930