639 reputation
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location San Diego, CA
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visits member for 1 year, 7 months
seen Jan 25 at 19:31
stats profile views 37

Jan
25
revised Should I give an investor equity for a short term investment?
edited body
Jan
25
revised Running two startups simultaneously
added 27 characters in body
Jan
25
answered Running two startups simultaneously
Jan
25
answered Should I give an investor equity for a short term investment?
Jan
24
answered Starting is business with other two partners who did not invest
Oct
11
awarded  Yearling
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.
Feb
6
answered How to share profit based on both effort and skill?
Feb
6
answered C Corp Investment Documents
Feb
3
revised How can I commercially profit from the discovery of new algorithms?
clarified question
Feb
3
revised No free Ride! Founder Shares
added 88 characters in body
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
Feb
3
awarded  Citizen Patrol
Feb
3
suggested suggested edit on How can I commercially profit from the discovery of new algorithms?
Feb
3
comment How do I draft a letter of intent?
Even after your update, my answer remains the same as below
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.
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.
Feb
3
revised No free Ride! Founder Shares
added 2 characters in body
Feb
3
revised A start up with 10k award, formed LLC, now how to pay my tax
added 98 characters in body
Feb
3
awarded  Commentator