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7
votes
4answers
243 views

Company A wants to hire company B to do some work, I'm a co-founder in both

What are some caveats in this situation? For example, how can I make sure my partners in both companies are happy, and there is no suspicion on their side that I'm tricking both companies to my own ...
3
votes
3answers
209 views

Do investors run away from entrepreneurs that have interests in 2 start-ups at the same time?

I am involved in 2 bootstrapped startups at the moment: startup 1: I am a co-founder, have executive position and I work full time on it startup 2: I am a co-founder and provided a quite unique ...
0
votes
0answers
59 views

finder's fee problem - legal advice [closed]

I am person who organized the meeting between investors from US and owners of small mine from East Africa. After that i performed all duties as assistant related to this deal. Investors have decided ...
2
votes
2answers
191 views

Primary founder has conflict of interest but wants to retain equity position without quitting day job?

I am the primary founder of my start up. We have just received our first influx of capital. My current employer feels working on this would be a conflict. The start up has a management team in place ...
0
votes
1answer
77 views

How to incentivise current employer in future startup?

I am currently employed by a company whose core business is not IT-related but I have developed a few applications that are central to some crucial business processes and I want to create a startup ...
2
votes
3answers
205 views

Ownership of IP developed while employed

I'm a 3d software developer working for a manufacturing company on industrial visualization software programs. In the future, I wish to develop 2d/3d games, mapping applications during my free time. ...
2
votes
1answer
96 views

Ethicality of hiring a former student?

Background: I'm both administrative staff for a university, and I'm the owner of a small business. I've been working with a particular student at the university on some university grant work, and ...
3
votes
3answers
174 views

When to ditch a partnership

I have been working on a project for a little over a year. This project was my partners idea, and we agreed to a percentage of the stake when it gets done. (he gets the majority) Originally, the ...
6
votes
2answers
309 views

How do you start your own company while running someone else's company?

I've been running an in-office and online educational business for 3 years. The original partners are offering me a small equity share, but there is no contract yet (nor has there ever been one). I ...
4
votes
2answers
358 views

Conflict of Interest Scenarios

Do any of the following six scenarios give rise to Conflict of Interest, for me and my company and/or for the other person and his company: I appoint a well-connected professional on my company's ...