As head attorney of Morrison & Foerster’s Technology Group, Timothy Harris has seen many entrepreneurs and venture capital firms make the same mistakes — ones that could have been avoided if they had consulted a legal professional. In a presentation on Friday during Stanford University’s Entrepreneurship Week, Harris explained how to start a company the legal way.
“I ask company founders, ‘Where did you come up with this license agreement?’ and they tell me that they downloaded it from the Internet, or borrowed it from an old roommate.”
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