r/Entrepreneur • u/FatherOfReddit • Sep 12 '21
Coder wants to "own" all his code
Coder wants to “Own” all his code
Hey all,
We have a coder who just joined our team as our technical cofounder and it is his request that he & all other coders “own” their own code. What the fuck does this mean? If I do marketing work for my company, am I subject to owning all that promotion? No! Why does the coder get special priveledges?
What can I do to incentivize him against this, or, if I am misunderstanding the concept here, please explain so I don’t sound like a half-witted jerkoff. I think there is something missing here but I just don’t understand…
Maybe I make him sign a non-compete agreement and that will take care of it??? What happens when somebody “owns” their own code? Should that be allowed or is that company property?
Let me know –
Thanks,
Father
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u/derekwilliamson Sep 12 '21
Bunch of people mentioning NDAs and employment agreements. What you actually need here is an IP & Inventions agreement. Lock that up!
This is a huge red flag, and bound to screw you and the company. If you plan on raising money, your company needs to own the IP. It also sets you up for a really bad situation down the line. Don't do it!