4 ms·

I don't think that is true. Intellectual property has value associated with it, and if it hasn't been transferred/compensated then they have some implied owners

• jamiequint 11y ago
  That's not true because every standard employee agreement in VC backed companies (and in most other ones) also contains an IP assignment. So if you're going to claim that you would have signed a hypothetical employee agreement, it also would have come with a hypothetical IP assignment.
  • morgante 11y ago
    Right, but he never signed the employee agreement and hence never had an IP or equity assignment. Legally, this seems far from open-and-shut.