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0 pointskodeshpa15y ago0 comments

These dude are always there to spoil the party. Don't give/commit any equity upfront. Workout chemistry, commitment level,start building a real world product and on the way distribute equity amongst those who stays with you along the path. We know how we built products in startup weekend :).

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chocoheadfred15y ago· 2 in thread

Any recommendations for when to make this distribution decision? If applicable, what have other (successful) startup weekend guys done?

ig115y ago

What I've seen work: everyone who worked on it has full rights to the IP generated by that team (so if there's a split of opinion on how to proceed, separate team members are free to fork). Then you can move forward with the team members who want to continue and agree equity going forward on the same basis as any other startup.

russjhammond15y ago

Can you expand a little on the IP part. I was at the same Startup Weekend, which the Talkible guys certainly deserved to win.

My team is getting together this week to have "the talk" about moving forward. Our idea is has a ton of IP but know that not everyone wants to move forward and/or work with each other.

Additionally, I came up with a pivot while working on this one that is related but certainly different. I have not shared it with the rest of my group yet(mostly because I thought of it 2hrs before we had to present), would they have any claim to that IP if I ran with it?

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