AskTheVC recently addressed the question of what was the best state of incorporation . The short answer is one of 3 preferred states: "Delaware, whatever state the company is in and whatever state(s) the VCs are located in." Obviously, the last is hard to determine if you're going to incorporate...
AskTheVC addresses the question of what happens to IP rights when the founders go their separate ways . "Bottom line, you have a strong incentive (as does your former partner) to settle this amicably, otherwise, you both are going to be worse off." I thought it was worthwhile to dig into this a little...
Posted to
Tim Marman's Loosely Coupled
by
Tim
on 02-12-2007
Filed under: Intellectual Property, Copyright, Web 2.0, Patent, Business, Law, Entrepreneurship, Startup, NextNY