| bio | website | |
|---|---|---|
| location | San Diego, CA | |
| age | ||
| visits | member for | 1 year, 7 months |
| seen | Jan 25 at 19:31 | |
| stats | profile views | 37 |
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Jan 25 |
revised |
Should I give an investor equity for a short term investment? edited body |
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Jan 25 |
revised |
Running two startups simultaneously added 27 characters in body |
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Jan 25 |
answered | Running two startups simultaneously |
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Jan 25 |
answered | Should I give an investor equity for a short term investment? |
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Jan 24 |
answered | Starting is business with other two partners who did not invest |
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Oct 11 |
awarded | Yearling |
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Feb 6 |
comment |
How to share profit based on both effort and skill? @AlainRaynaud : Founders are shareholders AND employees, but shareholders don't necessarily have to be employees. Even if your contract says "not an employee", it can be considered employment (by IRS, USCIS and courts) is it's a job per the job market. eg: Meeting for coffee with advisers isn't a 'job' but calling customers or writing code is a employable activity. I'm not a lawyer but I did hear this from a very reputed startup lawyer. |
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Feb 6 |
answered | How to share profit based on both effort and skill? |
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Feb 6 |
answered | C Corp Investment Documents |
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Feb 3 |
revised |
How can I commercially profit from the discovery of new algorithms? clarified question |
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Feb 3 |
revised |
No free Ride! Founder Shares added 88 characters in body |
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Feb 3 |
comment |
How can I commercially profit from the discovery of new algorithms? I've flagged for this to be reopened and also submitted an 'edit' version to clarify the English in the question |
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Feb 3 |
awarded | Citizen Patrol |
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Feb 3 |
suggested | suggested edit on How can I commercially profit from the discovery of new algorithms? |
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Feb 3 |
comment |
How do I draft a letter of intent? Even after your update, my answer remains the same as below |
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Feb 3 |
comment |
Why did Facebook stop giving out options in 2007 and start giving out RSUs (restricted stock units)? @ Michael Very unlikely. The vesting schedule is determined ahead of time, defined as the restrictions themselves. ('R' of RSU). At that predetermined time/schedule, it vests and the stock becomes 'unrestricted' and property of the employee. Facebook cannot tell an employee 'you must sell this stock on the day it vests' - it's the employees property. He or she may sell that stock 1 day later or 10 years later. |
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Feb 3 |
comment |
How can I commercially profit from the discovery of new algorithms? Apart from the comment above on copyrighting an algorithm (you can't - only copyright one implementation of the code) I want to add that you can't even patent it. Pure algorithms/ideas can't be patented, only the actual engineering systems that embody the algorithm can be. If you're looking to profit, you will need to make a product out of the algorithm -> patent/copyright that -> sell the product. Algorithm will remain a 'trade secret'. Other route is publish it and become famous. |
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Feb 3 |
revised |
No free Ride! Founder Shares added 2 characters in body |
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Feb 3 |
revised |
A start up with 10k award, formed LLC, now how to pay my tax added 98 characters in body |
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Feb 3 |
awarded | Commentator |