Tuesday Operational Roundtable – A Forum to Ask About Legal, Accounting, Project Management, or How to Get Started

Welcome to this week’s Operational Roundtable Thread.

Ask about anything related to legal, accounting, project management, or how to get started.

Don’t be shy. The purpose of this is to learn and share ideas and methodologies with one another.

Any question is a good question!

If you are answering questions, remember to be kind and supportive. Many are just starting out and have no idea what they are doing. That’s okay! We all knew nothing before we knew something.

You can also find more support using instant chat on the /r/startups discord.

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Startups – Rapid Growth and Innovation is in Our Very Nature!

Legal protection and pitfalls for accepting equity in startup. I’m a newbie.

I am at the very early stages of negotiating compensation for technical contribution to a startup, and we have discussed several different options including equity, royalty, flat rate, or hourly rate. All over the map. I want to shoot for some amount of equity, but I’m not sure what the pitfalls (besides the equip ty becoming worthless) are. Can someone walk me through the basics? Would I need personal protection?

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Startups – Rapid Growth and Innovation is in Our Very Nature!

Upcoming webinar series to feature legal topics for startups, small businesses – Penn State News

Upcoming webinar series to feature legal topics for startups, small businesses  Penn State News
“startups when:1d” – Google News

How legal tech is revolutionizing the old-school industry of law – Business Insider – Business Insider

How legal tech is revolutionizing the old-school industry of law – Business Insider  Business Insider
“startups when:1d” – Google News

Tuesday Operational Roundtable – A Forum to Ask About Legal, Accounting, Project Management, or How to Get Started

Welcome to this week’s Operational Roundtable Thread.

Ask about anything related to legal, accounting, project management, or how to get started.

Don’t be shy. The purpose of this is to learn and share ideas and methodologies with one another.

Any question is a good question!

If you are answering questions, remember to be kind and supportive. Many are just starting out and have no idea what they are doing. That’s okay! We all knew nothing before we knew something.

You can also find more support using instant chat on the /r/startups discord.

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Startups – Rapid Growth and Innovation is in Our Very Nature!

Feeling defeated – my startup has a similar sounding name that a multimillion dollar company has in my space – they reached out and told me I have to hand over my domain otherwise theyll take legal action

Hey guys,

I’m the owner of a resume critique startup . The idea was to create an AI-driven resume critiquor so people can get their resumes reviewed in seconds.

It only made $ 30 since launch, so I ended up just making the service free. Especially with COVID, I thought it’d help people out that need to get jobs so I put it as a free service, eating up the server costs.

Two days ago (3 yrs post launch), a company in my space, whose name is COMPLETELY different (they rebranded years ago), message me on LinkedIn, telling me that they have a trademark on the name “The (companyname)”, (mine is companyname, so comanyname.io) and hence if I dont take it down, they’ll take legal action against me and file a UDRP.

I single-handedly launched this startup in 2017, doing everything from the name, to the branding, to the middleware, to the backend engine that drives the startup. I made $ 30, and this company that’s supposedly a multimillion dollar company is telling me to take it down.

I’m not sure if there is any point of me posting this, except I’m just sad. This is my baby, I put so much into it. And even though it doesnt make shit, I still proudly tell people to go to resumator.io. Yet there’s nothing I can do, except vent. I just feel really, really sad.

And honestly, it’s just pathetic. For a company making millions to go after me and threathen me with legal action, even telling me I must take it down by Tuesday. They rebranded years ago AWAY from that name and have a completely diff name. First the CMO came after me, then the CEO. Pathetic.

It’s a cruel world man.

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Startups – Rapid Growth and Innovation is in Our Very Nature!