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83b tax election

Delaware

SAFE

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antidilution

appropriation art

  • Copyright and Fair Use Issues In The Andersen v. Stability AI Art Litigation  » 
    To make AI art, you take a few billion images, puree them into a fine mathematical slurry, and then assemble new art from the flecks of expression and authorship floating in the mixture. This raises interesting copyright questions! Is AI Art like the first amoeba crawling forth from primordial ooze: something entirely new made from existing molecules? Or is it more like T2: a puddle reforming into the same old monster?

boards

china

  • Chinese Trademark Pirates  » 
    Chinese trademarks are awarded to the person to file an application, not the first person to actually use the brand. This incentivizes trademark pirates and squatters to rush in and register your trademarks before you can. They then ransom the trademark registrations back to you for a hefty price. Here's how to avoid this nightmare scenario.

commercial contracts

convertible notes

design patent

employment

equity compensation

fair use

founder stock

generative AI

  • Yes, AI Art Can Be Copyrightable  » 
    Generative AI models are trained on massive sets of image data. And the training images are often scraped from the internet without permission. A human user can then type in a short prompt, and the software will return incredible images. Does the person who entered the prompt own the copyright to the resulting image?
  • Copyright and Fair Use Issues In The Andersen v. Stability AI Art Litigation  » 
    To make AI art, you take a few billion images, puree them into a fine mathematical slurry, and then assemble new art from the flecks of expression and authorship floating in the mixture. This raises interesting copyright questions! Is AI Art like the first amoeba crawling forth from primordial ooze: something entirely new made from existing molecules? Or is it more like T2: a puddle reforming into the same old monster?

incorporation

international

  • How do I Protect My Trademark Internationally?  » 
    Trademarks rights are *territorial*, meaning that you need a trademark registration in each country where you want to protect your brand. Building an international trademark portfolio is expensive, but a worthwhile investment for consumer products and technology companies.

investors

master service agreement

non-compete

options

patent

pro rata

software

startup

statement of work

stock

tax

term sheet

  • Post-Money SAFEs Give Investors Extreme Anti-Dilution Protection. Here’s How to Remove It.  » 
    Post-Money SAFEs give investors a very strong type of Anti-Dilution protection; one which is extremely unfavorable to founders and other common stockholders. Investors get protection from both downrounds *and* up rounds. This post proposes a solution to remove the extreme investor anti-dilution. It also provides a spreadsheet comparing the economics between Pre-Money SAFEs, Post-Money SAFEs, and our proposed amendment to the Post-Money SAFEs.
  • Short Term Sheets Hurt Startups  » 
    Once you sign a term sheet, you are locked in with a 'no shop' clause. Some of your negotiating leverage slips away. Aim to nail down the material terms while negotiating the term sheet, while you have more leverage.

trademark

transformative use

  • Copyright and Fair Use Issues In The Andersen v. Stability AI Art Litigation  » 
    To make AI art, you take a few billion images, puree them into a fine mathematical slurry, and then assemble new art from the flecks of expression and authorship floating in the mixture. This raises interesting copyright questions! Is AI Art like the first amoeba crawling forth from primordial ooze: something entirely new made from existing molecules? Or is it more like T2: a puddle reforming into the same old monster?

venture capital

vesting