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Wouldn't that also stop the team from moving away from Assembly? It seems to me that the projects are permanently owned and bound to Assembly in perpetuity. Tha

Wouldn't that also stop the team from moving away from Assembly? It seems to me that the projects are permanently owned and bound to Assembly in perpetuity. That appears to be some serious lock in.

opendais 12y ago
Of course it is. That is how all such business agreements work. Replace Assembly with any Corporation or LLC in existence, same principle and behavior. I'm not sure why you find this surprising or spooky.
- fred_durst 12y ago
  The standard practice of any Corporation or LLC that provides a service to distribute revenue based on contributions is to own and control the projects entire IP? What happens if Assembly goes into bankruptcy and has to liquidate its IP? What if Assembly decides to shutdown a project because it has issue with the content/business? Can the project move onto another platform or can Assembly effectively shut it out of existence? What if Assembly decides to sell/transfer the IP to another entity for a fee? I should add here that Trademarks are IP just as much as source code. For example in https://assemblymade.com/terms https://assemblymade.com/terms the lawyers decided this needed all caps(in legal terms "conspicuous"). COMPANY is defined earlier with this snippet: Assembly, a Delaware corporation, and its corporate affiliates (collectively referred to herein as “Assembly”, "us", "we" or the "Company"). Section (V) is of particular interest. THE SELECTION, DEVELOPMENT, AND SALE OF ANY APP IDEA IS SUBJECT TO THE COMPANY’S SOLE AND ABSOLUTE DISCRETION AND THE COMPANY RESERVES THE RIGHT, FOR ANY OR NO REASON, TO (I) REJECT ANY SUBMITTED APP IDEA, (II) REFUSE TO POST ANY SUBMITTED APP IDEA TO THE SITE, (III) TERMINATE THE DEVELOPMENT OR ANY PHASE RELATED TO AN APP IDEA, (IV) TERMINATE THE SALE OF ANY COMMERCIALIZED PRODUCT RELATED TO ANY APP IDEA, OR (V) SELL OR LICENSE AN APP IDEA, AND/OR ANY INTELLECTUAL PROPERTY RELATED THERETO, TO ANY THIRD PARTY. And some more all caps(aka "conspicuous"): YOU AGREE THAT COMPANY WILL NOT BE LIABLE TO YOU OR ANY OTHER PARTY FOR ANY TERMINATION OF YOUR ACCESS TO THE SITE, CONTENT OR MATERIALS.
  - opendais 12y ago
    I don't work/use Assembly so...I can't really answer the rest but: > The standard practice of any Corporation or LLC that provides a service to distribute revenue based on contributions is to own and control the projects entire IP? That isn't what I said. What I said was if you want the Corporation/LLC to handle legal liability, accounting, etc. the norm is for it to control the IP. I'm not a lawyer, I don't know if its possible to do it differently. Based on that & your profile saying: > I don't take HN all that seriously so I wouldn't read into my activity too much. I'm just going to assume you are a troll at this point.
deleted 12y ago
[deleted]

Wouldn't that also stop the team from moving away from Assembly? It seems to me that the projects are permanently owned and bound to Assembly in perpetuity. That appears to be some serious lock in.

opendais 12y ago

Of course it is. That is how all such business agreements work. Replace Assembly with any Corporation or LLC in existence, same principle and behavior. I'm not sure why you find this surprising or spooky.

fred_durst 12y ago
The standard practice of any Corporation or LLC that provides a service to distribute revenue based on contributions is to own and control the projects entire IP? What happens if Assembly goes into bankruptcy and has to liquidate its IP? What if Assembly decides to shutdown a project because it has issue with the content/business? Can the project move onto another platform or can Assembly effectively shut it out of existence? What if Assembly decides to sell/transfer the IP to another entity for a fee? I should add here that Trademarks are IP just as much as source code. For example in https://assemblymade.com/terms https://assemblymade.com/terms the lawyers decided this needed all caps(in legal terms "conspicuous"). COMPANY is defined earlier with this snippet: Assembly, a Delaware corporation, and its corporate affiliates (collectively referred to herein as “Assembly”, "us", "we" or the "Company"). Section (V) is of particular interest. THE SELECTION, DEVELOPMENT, AND SALE OF ANY APP IDEA IS SUBJECT TO THE COMPANY’S SOLE AND ABSOLUTE DISCRETION AND THE COMPANY RESERVES THE RIGHT, FOR ANY OR NO REASON, TO (I) REJECT ANY SUBMITTED APP IDEA, (II) REFUSE TO POST ANY SUBMITTED APP IDEA TO THE SITE, (III) TERMINATE THE DEVELOPMENT OR ANY PHASE RELATED TO AN APP IDEA, (IV) TERMINATE THE SALE OF ANY COMMERCIALIZED PRODUCT RELATED TO ANY APP IDEA, OR (V) SELL OR LICENSE AN APP IDEA, AND/OR ANY INTELLECTUAL PROPERTY RELATED THERETO, TO ANY THIRD PARTY. And some more all caps(aka "conspicuous"): YOU AGREE THAT COMPANY WILL NOT BE LIABLE TO YOU OR ANY OTHER PARTY FOR ANY TERMINATION OF YOUR ACCESS TO THE SITE, CONTENT OR MATERIALS.
- opendais 12y ago
  I don't work/use Assembly so...I can't really answer the rest but: > The standard practice of any Corporation or LLC that provides a service to distribute revenue based on contributions is to own and control the projects entire IP? That isn't what I said. What I said was if you want the Corporation/LLC to handle legal liability, accounting, etc. the norm is for it to control the IP. I'm not a lawyer, I don't know if its possible to do it differently. Based on that & your profile saying: > I don't take HN all that seriously so I wouldn't read into my activity too much. I'm just going to assume you are a troll at this point.

deleted 12y ago

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