3 ms·
"Hey Nostrademons. Great little startup you got going here. Say what, I'm going to give you a choice. You can either be bankrupted out of existence by this pat
by phillmv 14y ago
"Hey Nostrademons. Great little startup you got going here.
Say what, I'm going to give you a choice. You can either be bankrupted out of existence by this patent troll or I can buy you out for fifty cents on the dollar. You won't lose face, your investors will be bailed out but in effect you've worked your ass off for 2-5 years for what amounts to an above average salary or a generous signing bonus.
Oh and you now have to work for us to develop the idea for another two years, without equity, before your vesting or whatever it is called clause hits."
Sounds like a shit sandwich to me.