Ownership at Formation: Why Equity and IP Cannot Be Improvised
Address founder equity and IP ownership issues early and correctly to avoid bigger and more expensive problems once the company is successful.
Practical legal and business advice for your startup.
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Category: Start.
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Address founder equity and IP ownership issues early and correctly to avoid bigger and more expensive problems once the company is successful.
If you do a DIY Incorporation (say, through LegalZoom), then BEWARE: you might end up with a DUI (“Don’t Understand Incorporations”). When starting your company, you should invest the necessary time, focus and resources in the initial organization and structure of your company as you position the company to be successful.
Don’t worry, we’re not trying to get personal here (we’re not that kind of law firm). We’re talking about stock vesting – a tool that entrepreneurs should put in place when starting a company in order to make sure that your co-founders stick around.
We love sharing our secrets for business success, so sign up for our latest blog posts, articles and upcoming events.