The story should be titled 'Ditch the contract (and use Hourglass). All in all fairly terrible scaremongering about the alleged pitfalls of using an agreement.

The story should be titled 'Ditch the contract (and use Hourglass). All in all fairly terrible scaremongering about the alleged pitfalls of using an agreement. An agreement does not have to be complex to make it clear that for example, no assignment of rights will take place prior to full payment. Also, taking actions in small claims courts is relatively straightforward (at least here in the UK) particularly where a debt is involved, such as an unpaid invoice. I imagine Hourglass probably has some fairly full terms and conditions which apply to the usage of the service also. In general a shame, because on a brief glance, Hourglass could be complementary to those using an agreement. There's simply no need to attempt to undermine and attack the usage of agreements.