Cool.

On Wed, May 16, 2012 at 1:06 AM, Mike Dewhirst <mi...@dewhirst.com.au>wrote:

> Marcin
>
> Some changes to increase coherence and a new Project Bootstrap page to
> prompt incorporation of the project.
>
> https://github.com/mdewhirst/**sweat-equity/wiki/_pages<https://github.com/mdewhirst/sweat-equity/wiki/_pages>
>
> I will take it to my lawyer before starting and I'll post the changes then.
>
> Thanks Marcin
>
> Mike
>
>
> On 15/05/2012 10:41pm, Mike Dewhirst wrote:
>
>> On 15/05/2012 6:23pm, Marcin Tustin wrote:
>>
>>> You will want to have a lawyer advise you on your agreements. Although
>>> your drafting is pretty tight, it could be a bit tighter,
>>>
>>
>> I'd like to strike a decent balance. My own lawyer is a tad aggressive
>> and to be honest I wouldn't sign anything he wrote. He makes you feel like
>> you are putting on manacles. He is brilliant at licensing but must be
>> worried about people finding loopholes in his contracts.
>>
>> My approach is different. I want an equity agreement which assumes good
>> intentions and delivers a valuable partnership. In the end I want golden
>> handcuffs not manacles.
>>
>>  and there are certain legal issues that arise, such as how a "project"
>>> can own anything (such as copyrights).
>>>
>>
>> You are correct. This came from my own situation where currently my
>> company "owns" the project. However, I can't expect anyone to invest in my
>> company when the project is the real focus. In due course I expect to
>> incorporate a new company which in effect will be the project. This is
>> probably common enough to need addressing. I will develop and include a
>> clause which makes that clear.
>>
>>  You'll likely want a jurisdiction and choice-of-law clause as well.
>>>
>>
>> Right again. I need that for my own agreement so I'll add one.
>>
>> Thanks Marcin
>>
>> Mike
>>
>>
>>> On Tue, May 15, 2012 at 1:40 AM, Mike Dewhirst 
>>> <mi...@dewhirst.com.au<mailto:
>>> mi...@dewhirst.com.au>**> wrote:
>>>
>>>    This is off-topic except for people starting un(der)-funded Django
>>>    projects.
>>>
>>>    I have written some guidelines for stakeholders and developers
>>>    plus an equity-in-lieu-of-salary agreement.
>>>
>>>    The guidelines come from my own experience in projects. Apologies
>>>    to Scrum and eXtreme purists but I need to start easy.
>>>
>>>    
>>> https://github.com/mdewhirst/**sweat-equity/wiki/_pages<https://github.com/mdewhirst/sweat-equity/wiki/_pages>
>>>
>>>    I would really appreciate some constructive criticism, suggestions
>>>    etc before I try and use it for real.
>>>
>>>    You may find it useful for your own project. The idea is that a
>>>    venture capitalist will be more confident to invest if you have a
>>>    dev team locked in and the project is already kicking goals.
>>>
>>>    Thanks for any feedback.
>>>
>>>    Mike
>>>
>>>
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>>>
>>>
>>> --
>>> Marcin Tustin
>>> Tel: 07773 787 105
>>>
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-- 
Marcin Tustin
Tel: 07773 787 105

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