Epic Failures – Startup vs IT Businesses
Recently, legal fuckups hung thick in the air all over co-working Artzavod Platforma. No, our CEO Dima Gadomsky, didn’t tell the story of his triumphant arrival at the hearing of a certain case with the wrong case files. This time, he told about legal fuckups he had come across while working with IT companies.
– The client would not pay for services any more. In the meantime, the contact envisages that IP rights belong to the client regardless of the payment. Whoops!
– Contractual provision forbidding the programmer to work directly for his employer’s customer is enforceable during the contract term only. The actual fuckup will be detected in case the programmer writes the contract termination letter and after all executes the contract directly with the customer.
– At times, co-founders fail to agree the terms of their cooperation (even orally), and when corporate crisis knocks at the door all the sudden, one of them claims for, let us say, the domain name. It may not sound like an actual fuckup, unless it comes to domain name disputes. Oh dear!
– It happens that some perfectly smart lawyers build up a perfectly smart corporate structure for some future venture investment, but then it turns out that the cost of legal services for such corporate entity is equal to the actual investment amount? Do you think it’s a coincidence? Fat chance!
See some amusing and not particularly amusing images here
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