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Thanks for asking this, I've wondered the same thing. I actually just launched http://www.SoSoSwift.com http://www.SoSoSwift.com 5 days ago. It certainly isn't
by wuliwong 12y ago
Thanks for asking this, I've wondered the same thing. I actually just launched http://www.SoSoSwift.com http://www.SoSoSwift.com 5 days ago. It certainly isn't a company yet but I hope it might grow into one. If not SoSoSwift, I will certainly keep building startups on my nights and weekends. I work for a big tech company. I know we have one of those crazy agreements about them owning everything I make. But, like I've read I don't believe those overly-broad agreements stand up well in court. Basically, I feel that if I get to the point at which someone starts suing me, then I've accomplished something already. I would be astonished if a court awarded my company to my employer. I suppose a more realistic outcome might be some percentage of ownership or damages? I know it isn't the ideal stance to take but I don't have the savings to first quit my job and then start a project. Anyway, I've enjoyed reading comments from people that have actually started successful companies in this scenario. It seems to be the road less traveled in the startup world, or at least the road less talked about.
- nostrademons 12y agoThe real risk with IP agreements isn't that you'll get sued, it's that acquirers and investors usually won't touch you unless you can prove you cleanly own all IP.