I've seen a lot of contracts try to do exactly that—IP ownership is the company's regardless of outstanding bills. I refuse to sign those clauses, of course. M

I've seen a lot of contracts try to do exactly that—IP ownership is the company's regardless of outstanding bills. I refuse to sign those clauses, of course. Most likely what would end up happening is that the startup wouldn't be able to close any new investment if they were in this situation.