Legal Questions

Essential legal issues that startups face, including corporate formation, fundraising documentation, founders stock, and board relations.

4 Votes
1 Answers
2.61K Views
Should I get investors to sign an NDA before sharing my idea?

I have an idea for a company and I want to share it with potential investors. I'm a bit concerned about my ability to protect the idea. Should I get them to sign an NDA? Would that scare investors...

asked Oct 18 '12 at 05:56
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Sarah Simpson
23 points

0 Votes
1 Answers
2.19K Views
Naming an LLC - conflicting with a service trademark

Possible Duplicate: Somebody got a trademark for a domain I own. I am planning to launch my service in a week I'm looking to name a startup (LLC) with what I think is a cool name. Upon...

asked Sep 27 '12 at 00:13
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Dmitri B
3 points

2 Votes
2 Answers
2.74K Views
Starting an Australian company while living abroad?

How can an Australian citizen (or two) set up a company in Australia while living overseas? Is it possible to pay a professional (e.g. lawyer/accountant) to fulfill the requirements of having "at...

asked Sep 30 '12 at 08:25
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Nomadhacker
11 points

-1 Votes
1 Answers
1.95K Views
Worldwide Ecommerce From One Location: What requirements are there from other states and countries?

Details: I plan to sell downloadable information through passive search-engine ads, which could end up anywhere. I am hoping that US copyrights will be sufficient (can I do better?). My unbacked...

asked Oct 1 '12 at 18:38
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User19934
1 point

4 Votes
2 Answers
3.62K Views
Company Signing rights

What determines who has authority to sign a contract on behalf of the company? What if a low level employee signs a contract in the name of the company, is it still binding? What happens when...

asked Sep 1 '12 at 13:17
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Aaron
21 points

7 Votes
2 Answers
2.97K Views
Partner (he's a Friend) Wishes to Resign from Startup Prematurely

I am seeking help in how to handle an underperforming partner / friend that is resigning from an early phase of a startup. Two friends and I began an equal partnership startup with the following...

asked Sep 6 '12 at 23:40
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Daniel Moravec
36 points

7 Votes
5 Answers
2.8K Views
Startup project - hide from employer or cooperate with him?

I am a software developer. I have a good idea and I'd like to create a startup. I am planning to invite one or two of my colleagues as co-founders. I am concerned about the relationships with my...

asked Sep 11 '12 at 07:32
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Mel
68 points

1 Votes
1 Answers
2.06K Views
Transferring money from my business to my personal account

I was able to purchase a new office and do all infrastructure for my new practice using my own financial funds without taking a loan. Now I am planning to buy a new house. However, I don't have...

asked Sep 13 '12 at 07:07
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Willy Marrecau
6 points

3 Votes
1 Answers
2.88K Views
How have University IP licensing terms for tech startups changed since Google licensed PageRank from Stanford?

What were the details of the IP licensing agreement between Google and Stanford for PageRank? For example, what PERCENTAGE equity and royalty rate did Google give to Stanford? Were there...

asked Sep 13 '12 at 07:53
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Cklin
21 points

0 Votes
2 Answers
2.07K Views
How do I legally acquire volunteer workers?

I am starting an independent video game studio. I have a team of around half a dozen people who are currently at work on our first game. I'm not comfortable advertising the game under the name of...

asked Sep 16 '12 at 14:17
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Jason Sage
103 points

2 Votes
3 Answers
4.72K Views
I might be leaving a startup I co-founded. What are my options?

I co-founded a startup and have been with them for almost a year now. I own around 40 percent of the company, which is to be vested over 3 years. So far, about 1/3 of it has been vested. On top of...

asked Aug 20 '12 at 15:40
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Anonymous
11 points

10 Votes
4 Answers
3.08K Views
Should users data be removed upon their request?

I have a commercial web startup. From a legal standpoint does maintaining users record (database info) if they decide to delete their account outweighs deleting their record? Maintaining the users...

asked Aug 22 '12 at 11:32
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Dave Valentine
51 points

1 Votes
1 Answers
2.24K Views
Can I use competitor trademarks in my branding?

I would like to use the following in the branding for my startup software product. Do I run the risk of being sued by my competitors? Hello. My Family needs , < feature 1 > like <...

asked Aug 24 '12 at 01:42
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Letgo123
6 points

2 Votes
2 Answers
2.01K Views
How does "Limited Liability" of LLP work?

Owners of corporations (private or public) are liable only to stocks they own. Creditors can't claim company debt from personal assets of owners because there's stock to distinguish from personal...

asked Aug 24 '12 at 08:23
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Sachin Shekhar
260 points

4 Votes
2 Answers
2.26K Views
Running a startup in parallel with a job in the United Kingdom?

I am a Software Developer who recently graduated from University. I just secured a job with a big company with a nice salary. However I don't really see myself being content with that as I have...

asked Aug 24 '12 at 20:07
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Loosebruce
121 points

5 Votes
5 Answers
2.9K Views
Website - Do I need a lawyer?

In the next few days I want to start a gaming network. Now I have written everything by myself and I am wondering about legal issues. For example: Payment, User-agreement, TOS? I currently live...

asked Aug 24 '12 at 22:18
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Maik Klein
126 points

2 Votes
2 Answers
2.98K Views
Partner is leaving, is there any common legal agreement that will allow him to return?

We have a company that has three business partners (all of us are liable for whatever happens in the company). One of the partners is temporarily leaving the company as he can't fulfill his duties...

asked Aug 29 '12 at 18:37
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Kraken
16 points

0 Votes
2 Answers
2.28K Views
Is Service Agreement Nullified if missing a referenced document?

Does a reference to another document which is no longer available or lost make a contract void or nullified? Such as a service agreement between two companies that makes reference to a marketing...

asked Aug 5 '12 at 16:57
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Brian Boatright
101 points

1 Votes
2 Answers
2.8K Views
What legal considerations must be taken before launching a stealth landing page?

Not sure if this is a silly question but wanted to make sure I dot my i's. Are there any particular legal aspects that need to be considered or finalized before launching the stealth (sign-up)...

asked Aug 9 '12 at 10:22
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Anand Patel
6 points

0 Votes
2 Answers
2.12K Views
Public v. Private Limited Partnership in Illinois

I'm contemplating starting a LP in Illinois where I will be the general partner. I will seek to sell "units" in the LP to friends and family. The Starting Your Business in Illinois document says...

asked Aug 10 '12 at 01:05
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Strimp099
106 points