Legal Issues when joining an Incubator?

質問

We are a young startup of three co-founders based in the U.S. We are looking into joining one of the more famous incubator programs, and we'd like to know what sort of legal issues we should prepare for. For instance, I assume that once in a program, the people running the program will have an interest in gaining a stake in the startup, can we prepare for that? And are there any specific measure we should take concerning protection of our IP?

回答: 2 公開 & 0 非公開

Lawrence lau
IPブローカー

Your first step should be to identify what is your intangible that is worthwhile protecting? Is it fear of someone stealing the copyrighted code? Do you have a patent that you are intending to apply for? What trade secrets are really secrets? Until you given it some thought, you cannot ask for meaningful advice and any incubator will have the network of service providers to tap.

Headshot2
弁護士

Absolutely. It is important to get a fair deal, and protect your business and intellectual property. The incubator wants to protect its interests, and get a return on their investment. A good software attorney will advise you privately, and allow the underlying deal to go through. It's difficult to tell you what specific measures you should take without knowing what type of IP you are working with (other than registering copyrights and trademarks on time). So, please talk with an attorney who understands your business BEFORE you sign anything. When it comes to life rafts, bulletproof vests, and legal advice - spend the money. You'll be glad you did.

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