456 reputation
27
bio website adrianschneider.ca
location Kelowna, Canada
age
visits member for 2 years, 8 months
seen Mar 1 at 7:37
stats profile views 27

Nov
15
answered how do you financially support yourself during start up?
Nov
14
answered Web Based or Desktop application for managing your licenses / serial numbers?
Nov
14
answered Is building a web appliation from scratch cost-effective?
Nov
12
comment Start-up IP dispute in Canadian Corp
Sorry let me clarify... we were offered 25% then 5% of the company we started with them. They do not currently have any of the code. We will be starting a business with the IP as our first product (will be building many more, regardless). We are offering them 5% revenue from the product to walk away. The bankruptcy issue: if you are personally bankrupt, you cannot run a corporation. However, you can own one. The guy in question started making calls near the end which is illegal.
Nov
12
comment Start-up IP dispute in Canadian Corp
He has no resources to rewrite anything. Being honest, he could probably stretch for a few thousand dollars, but that's high risk IMO. There are around 25,000 non-empty lines of OOP code / templates which is a lot to rewrite. It's not a huge app by any means, but it's a good chunk.
Nov
12
comment Start-up IP dispute in Canadian Corp
Playing hardball is saying 'No', and sticking by our original offers. They will have to take legal action to go any further, at the risk of his other full time job and at the risk of being charged by the government for making business decisions as a bankrupt corporation owner. We want ownership. They won't be able to use our code if they did win. It's not even complete, and will take 5-10 thousand to finish it off, which is money they do not have. Giving them 5% is very reasonable considering they will not have to put any more work into it.
Nov
11
awarded  Teacher
Nov
11
answered Paying remote contractors?
Nov
11
awarded  Supporter
Nov
11
comment Start-up IP dispute in Canadian Corp
It was all verbal: no emails were exchanged about the actual ownership. Things definitely started to fall apart when we were told about the ownership changes though, so we did not agree to it. Development was halted for the most part at this point, as I wanted it resolved before we launched. Things by no means continued as normally. Thanks for the new view on it.
Nov
11
comment Start-up IP dispute in Canadian Corp
Glad to hear this. There are no contracts, no email exchange, nothing... I never actually got any % of ownership yet, so I'm still thinking that it would rightfully be my IP still. I was also not paid what was agreed (verbally). Thanks for the response!
Nov
11
comment Start-up IP dispute in Canadian Corp
Thanks for the response. Offering a buyout was an option, but they have no money, so I'm leaning towards playing hardball on this one. We offered them 5% revenue and no ownership, and some other options if they were willing to contribute to the project. They counter offered with ridiculous numbers (100% ownership), so we're likely to play hardball. Trust is no longer there, and I would not be comfortable giving them any ownership at all. Without our help, the product will not launch. Appreciate the response / ideas!
Nov
11
comment Start-up IP dispute in Canadian Corp
Sure, it's a lesson learned, but I can still make the best of it. This will be entirely he said / she said, which to me would swing it in my favor since I'm the one who wrote it all. Thanks for the support!
Nov
11
awarded  Student
Nov
10
asked Start-up IP dispute in Canadian Corp
Nov
4
answered Where do you look for startup job openings?