Valuing Early Code Contributions Before Formal Company Formation
Pre-formation code remains personal property until transferred to the corporation via explicit assignment in exchange for cash notes or credited vesting equity.
seed round clean title
Pre-formation code remains personal property until transferred to the corporation via explicit assignment in exchange for cash notes or credited vesting equity.
The terms are written where they belong. Each field holds three desks, and every entry a desk writes raises the terms it uses, each term given a meaning, a mechanism and the places it appears. The record on these pages stays first person and hand made; the fields grow the nomenclature.