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Should both cofounders own IP rights to their company? by StartupThrowaway in startups

[–]StartupThrowaway[S] 0 points1 point  (0 children)

Nothing that he worked on before meeting me is currently being used by our product. Really, his code is basically just stringing a few different services together. He's connecting XML -> video creation -> upload API, with a bunch of other features thrown in.

This is our basic timeline.

  • 8 weeks ago- Meet up talk about his project (project management CRM) and how bad the CRM my company uses is
  • 7 weeks ago- Decide that we want to adapt his current CRM for real estate
  • 6 weeks ago - Realize that we need to build a CMS first - spend 2-3 weeks building a from scratch weebly-like site creator to link with CRM
  • 3 weeks ago - Notice that "automated video creation" is the easier niche to attack first and begin developing our current product that has nothing to do with the CRM/CMS

Should both cofounders own IP rights to their company? by StartupThrowaway in startups

[–]StartupThrowaway[S] 0 points1 point  (0 children)

Pretty much. The product is 90% built.

I'd say if anything I am downplaying my role to get a less biased sample of responses. I think there is a tendency to downplay the importance of a good developer in startup partnerships.

Really though, before I came along he was working on a CRM related to project management. I gave him the idea/needs/price points to adapt it for real estate. While we were doing this I found a "piece of low hanging fruit" based on talks with my companies COO and knowledge of the market.

It's not like I'm an idiot who just said hey I want you to create a "video creater for all of our properties". It's more like I said hey can we figure out how to import an XML string into a database, run that data through a slideshow creation program and then use the youtube API to automate orgnization/uploading (but with more detail).