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I started my first startup when I was 17 (13 years ago, damn). The problem I had then, and you have even here is that legally you're a minor and can't sign con
by dotBen 15y ago
I started my first startup when I was 17 (13 years ago, damn).
The problem I had then, and you have even here is that legally you're a minor and can't sign contracts.
EDIT: I noticed from your resume that you are based in Singapore - I don't know what the rules are for age of majority and similar issues... the advice below is from a US and UK law perspective given that is the more common location for people on HN. I also notice you seem to be incorporated already (which you wouldn't legally be able to do in US at 17).
Aside from the technical issues of 'spectacular failure' you might want to consider the consequences of being sued if something did go wrong. As a minor, it's probably your parents that are liable - you owe it to your parents and to your customers/users to be aware of this.
Normally for something like this you would set up an LLC to protect yourself (as they have limited liability, as the name suggests). Perhaps your parents can set you up an LLC and transfer ownership when you turn 18?