IP Held in an Investor-Aligned Entity
Critical intellectual property is assigned to an entity aligned with investors before a raise
Before entrepreneurs raise on MetaDAO, they must assign their critical intellectual property (IP) to an investor-aligned entity. If the raise fails to close, they get this IP back.
Examples of IP include:
- Software
- Inventions
- Brand assets
- Social media accounts
- Domain names
Currently, we use a Cayman Islands Segregated Portfolio Company (SPC) to hold this IP. The Cayman Islands is widely seen as one of the most trusted and prestigious offshore jurisdictions; for example, Y Combinator only invests in four types of companies: US, Canada, Singapore, and Cayman.
It is also expected that entrepreneurs get their employees to sign over created intellectual property to the company.
The Colosseum STAMPSetting up the Cayman SPC/SP entity and raising private capital before an ICO Getting ListedThe IP list founders provide when they list