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Comment on Ask HN: What agreements and legal structures should you have in place for a startup?parent

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Davidw is right, I'm not going for YC.

I guess we will 'tinker' until the point of release.

Thanks

Just remember, if you boot one of the guys with whom you are tinkering, and end up with a massive success, and that guy sues you, a significant number of people will always assume you were a selfish asshole who screwed the guy over. Journalists are likely to leap onto the story, and social news sites such as HN eat up the tale of the wronged "entrepreneur." (Who might even be one of those preppy douchebags at your college who spent more time acting pretentious and preparing for a failed bid at Olympic rowing glory than working on creating economic/social value, but I digress).

Legal contracts aren't warm and fuzzy, but they keep everyone honest; as you can gather from the scenario I outline above, this isn't even about money -- in the Internet age, reputational risk is everything. You never know when/why you might get spit upon, or by whom.

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