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Thanks. I totally agree and will share so with them. Execution is everything and we were so early that no agreements were made. I also do think it would be wise
by ycmike 13y ago
Thanks. I totally agree and will share so with them. Execution is everything and we were so early that no agreements were made. I also do think it would be wise to get their leave in writing. You don't want a founder to come back later if the venture was in any way successful.
- redtexture 13y agoWords including ideas such as "release all interest in copyright, trademark, and business methods and business ideas in relation to project X to person Y" are part of your conversation. If your partners were to receive even 5% in total, of the resulting follow-on entity would be a very large amount (if they even received anything).
- ycmike 13y agoOn it!