Legal Questions

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

4 Votes
3 Answers
885 Views
Is purchasing in-app credits considered gambling?

Let's say I have an app called "Shake It" which allows users to sign up and compete against each other on "who can shake their phone the hardest". So a user would take their phone and shake it...

asked Aug 31 '13 at 03:22
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Sbonkosky
23 points

1 Votes
1 Answers
622 Views
legal advice for a beginner

Please forgive the general nature of this question, I'm simply a beginner looking for direction and advice. As an engineer, I do not have a background in business but I've recently taken an...

asked Sep 10 '13 at 05:58
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Tom
6 points

4 Votes
3 Answers
901 Views
When to create the business entity?

If I'm moonlighting and building the product at night and on weekends - at what point does it make sense to establish a business entity (e.g. LLC, Inc, etc)? Would this make sense to only happen...

asked Aug 13 '13 at 22:23
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Code Talk
253 points

0 Votes
1 Answers
938 Views
Can a company claim infringement if someone copied their organizational scheme?

For example, if an Amazon competitor had the exact same product categories, or if a Craigslist competitor had the exact same categories...I'm mostly talking about how you categorize what you're...

asked Aug 20 '13 at 16:08
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Aerovistae
115 points

3 Votes
3 Answers
907 Views
Patent assignment form ? how important is it?

Hi fellow entrepreneurs, I am the person who posted this question about a conflict with my co-founder. During discussion with my attorney, I discovered that while we filed for the patents (earlier...

asked Aug 23 '13 at 02:58
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Gupshup
52 points

-1 Votes
1 Answers
528 Views
Getting help in programming while holding the reins tightly

I am starting an Internet business. Basically the most important part, the part that is making me actual money is still missing. I tried to deal with those issues several times but I always get...

asked Aug 24 '13 at 08:32
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Zurechtweiser
114 points

0 Votes
3 Answers
2.16K Views
How much equity should startup Independent contractors get?

So, A friend of mine has a brand created for a game, characters, story, the works. He also a rough idea about how the game should be which looked pretty solid. He took out about $40,000 loan and...

asked Aug 25 '13 at 03:43
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Brybam
103 points

0 Votes
0 Answers
696 Views
Is it possible to aggregate credit card statement information legally? If so, what are the steps, and what things do I need to keep in mind?

I am looking to build a website which, among other functions, aggregates credit card transaction information (namely the amount of money somebody has spent on each of their credit cards over the...

asked Jul 26 '13 at 02:24
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N00b
101 points

5 Votes
2 Answers
878 Views
Is it acceptable to cut an employee before going into Series A?

Hi fellow startupians, I've recently gone into a venture with a friend. He is a business/marketing student, and I am a Comp Sci/Math/Econ/A million other things student. Before we moved down to...

asked Jul 30 '13 at 07:24
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Jdero
128 points

3 Votes
2 Answers
1.13K Views
Foreclosure On Software

Back Story: About a year ago I was asked to join a startup company as technical lead and partner. I was to design build and implement the software for this startup I would receive 20% equity in...

asked Aug 3 '13 at 01:56
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Ross Mann
546 points

0 Votes
1 Answers
735 Views
Is it legal to publish user apps from my account on iPhone App store?

I am an app developer, thinking of releasing an app development service, where I can charge my customers monthly or annually and release their apps from my account on app store. Will this violate...

asked Aug 12 '13 at 03:22
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Happyhardik
101 points

4 Votes
3 Answers
1.13K Views
Is it wise to always use a contract when doing business with friends?

Is it wise to use a contract when doing business with friends? Even with close friends? I don't understand how to separate friendships and business. It feels cold and almost inhumane to completely...

asked Aug 12 '13 at 17:01
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Jason
123 points

0 Votes
2 Answers
2.14K Views
Can a employee do his own business in India?

Is this legally fine if a employee does his own business. As he works daily at his office (employer's place) while his employees (personal business) handles his business and he can tally all...

asked Jul 14 '13 at 04:46
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Jaczjill
104 points

0 Votes
3 Answers
801 Views
How to employ independent contractors on a recurring basis?

In my startup I plan to hire independent contractors for recurring ad-hoc jobs. If freelancers are usually not business entities and do not have a possibility to give an invoice, how can I legally...

asked Jul 15 '13 at 00:20
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Shikaka
1 point

1 Votes
2 Answers
735 Views
Do you think its important to have an office space for startups?

What about a flexible, short term - office space like Regus? What are your thoughts about it?

asked Jul 17 '13 at 01:33
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Shweta
6 points

0 Votes
1 Answers
612 Views
What is the best way to get an unvested co-founder to resign?

founder on a team of 4. 3 of us agree that one co-founder who has been with the company since the beginning (~9 months) needs to leave. We’re all on a stock vesting agreement, and none of our...

asked Jul 17 '13 at 03:56
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User27015
1 point

1 Votes
1 Answers
816 Views
Can I create open source out of an idea I voiced at my current employer after I quit?

Can I create open source out of an idea I voiced at my current employer after I quit? I've had this idea which would make the work my company does, and its competitors, more efficient. I voiced...

asked Jul 17 '13 at 10:45
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Btd
11 points

-1 Votes
1 Answers
910 Views
Do infographics need to have a disclaimer?

I would like to create some infographics to publish them on Pinterest, twitter and the blog on my website. As my infographic will contain some public available financial data about companies listed...

asked Jul 21 '13 at 21:52
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Alex R
99 points

0 Votes
3 Answers
749 Views
Legality of accepting users only of a particular ethnic group

I'm in the process of launching a matchmaking service that aims to serve a particular ethnic group. I'm wondering if this in any way might constitute discrimination. I know there are countless...

asked Jun 4 '13 at 13:11
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Sherif Buzz
462 points

1 Votes
5 Answers
1.69K Views
Can fund my own startup in return for equity if that dilutes ex-cofounders?

My biz partner and I split up (not amicably) a couple of months ago, and he left my bootstrapped startup business. When he left, his total equity in the company was vested up to 20%. I own the...

asked Jun 5 '13 at 07:58
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John B.
6 points