A reader asks: My co-founder and I are getting some traction on our new site and we’re hoping to raise some money from angels. One issue that has come-up is IP – specifically, the fact that we don’t have any IP documents. Could you lend some guidance?
Answer: For many start-ups (particularly technology companies), intellectual property (IP) is their most valuable asset. Here are the four most common mistakes I’ve seen startups make regarding their IP:
Issues with prior employer(s). Startups need to ensure that none of the founders’ prior employers have any rights to the venture’s IP because a founder was “moonlighting” while previously employed. This is a particular concern if the startup is in the same space as a founder’s prior employer.
To read the full, original article click on this link: The four most common IP mistakes | VentureBeat
Author: Scott Edward Walker
