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I would think that everyone (besides Musk) in the two companies would prefer clean lines of origination and transition for IP between the two companies. This me
by delinka 9y ago
I would think that everyone (besides Musk) in the two companies would prefer clean lines of origination and transition for IP between the two companies. This means there would be a typical contract between two companies: Company B licenses for a fee the tech from Company A; or Company B acquires for a price the tech from Company A; or, as I saw at my previous startup employer, some kind of partnering arrangement to further develop, together, Company A's tech. I have no idea how it's decided which company owns what in the case of additional development between both companies.
The point is: they agree on a contract that hopefully keeps ownership well delineated in the event of an ownership change, or outside lawsuit, or ... whatever legal event may come up.
- thanksgiving 9y agoWould it be ok for the companies to agree to license (non-exclusive perpetual bla bla) all technology free of cost? Would that be legal?
- delinka 9y agoMost certainly legal. If certain investors don't like it, they can try to change it or maybe sue the company over the decision, but there's nothing about a "non-exclusive, royalty-free, perpetual" license that has questionable legality.