4 ms·

We never signed any agreements so i don't think it would be a problem. Thanks for the advice

• dreamux 16y ago
  When you find another partner, give them a stake in the project (equity; incorporate if you haven't already - its not expensive), having skin in a project makes it more difficult to arbitrarily walk away.
  • maxbrown 16y ago
    Careful - have it vest over time! Don't sign over equity immediately to someone that could bail on you and keep the equity.
• ndl 16y ago
  You should still check this carefully. It would suck to find out after you have started making money that you're about to get slammed with litigation.
• russell 16y ago
  You do have a problem. He may come back later and claim half the company. He can claim verbal promises and will probably win. Best to have a lawyer draft a release and have the guy sign it. A friend of mine hired a contractor without a work for hire agreement. The guy came back later and claimed the software. It cost my friend $20k to get rid of him. And that was when $20k was real money. So my non-lawyerly advice is to always have some sort of simple document to protect yourself.
  • petervandijck 16y ago
    Yes, you need to have this person sign something stating that he doesn't own anything. And go watch The Social Network.