Comment on Ask HN: Who should own the software copyright in early stage startups?Comments−JamesPeterson14yWhen Skype was first sold to eBay, eBay did a whoozy and made bad assumptions resulting in them buying Skype without the core IP.This later cost them a gazillion dollars after a court process, and the whole world realized they needed to watch their backs just that little more.I'd recommend exchanging pre-existing IP with the company for your founding stock, otherwise nobody will want to go near you.
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When Skype was first sold to eBay, eBay did a whoozy and made bad assumptions resulting in them buying Skype without the core IP.
This later cost them a gazillion dollars after a court process, and the whole world realized they needed to watch their backs just that little more.
I'd recommend exchanging pre-existing IP with the company for your founding stock, otherwise nobody will want to go near you.