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Agreed. Im just trying to make myself clear that there is problem, not taking it as a legal advice. Mostly looking out for other options or better be aware etc.
by arvindkumarc 9y ago
Agreed. Im just trying to make myself clear that there is problem, not taking it as a legal advice. Mostly looking out for other options or better be aware etc.,
- smt88 9y agoThat's exactly my point. You need a lawyer to tell you if there's no problem, a small problem, or a large problem. The armchair lawyers on HN may give you confident-sounding answers, but the advice won't be sound enough to build a business on. Consulting a lawyer about this should cost you less than $500. You can usually find startup lawyers who will work for equity (or just the promise of future business) if cash is that tight.