3 ms·
The problem with this is that 1) YC is not a charity (though they do fund some nonprofits) 2) there's no generic, legal way to buy equity in people (https://ww
by olalonde 11y ago
The problem with this is that 1) YC is not a charity (though they do fund some nonprofits) 2) there's no generic, legal way to buy equity in people (https://www.quora.com/Can-you-buy-human-shares https://www.quora.com/Can-you-buy-human-shares)
- dsr_ 11y agoNot that way -- but in most states, an employer can claim ownership of an employee's business ideas. You could do it formally with a contract: the employee is part-time, salaried, and assigns 49% ownership of new intellectual property to the employer, with a mutual right to match bids for the other's share.