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Super cool. I want to see more legal tools for developers to improve workflow efficiency. As a developer I'm especially interested in finding free contracts I
by twomoonsbysurf 5y ago
Super cool. I want to see more legal tools for developers to improve workflow efficiency. As a developer I'm especially interested in finding free contracts I can use to create agreements with other developers to work on mutually-owned products/businesses together.
Also, I like the pricing page-- especially this approach: "Keep this low, early adopter price as new features are added." -- I'll keep this in mind for my own products, I think customers will appreciate being grandfathered in to low prices-- it's a win-win.
To the developer-- Do you have any advice for the following scenario: You invite another developer to work on your product, such as Magistrate. How do you go about ensuring legal compliance with that developer--
A. That they make the appropriate work contributions to obtain the agreed upon equity level. I.e. you worked 1600 hours on the product this year, they worked 400 hours. You've both logged these hours. In terms of the work, you offer 25% equity, but that's if they also put in the same amount of money you've put in (such as for various IT, marketing, administrative costs), as an example of: You retaining 75% equity and giving 25% equity to a partner.
B. That they respect IP protections of the product (i.e. they don't immediately go off and try to build a competitor)