IP Held in an Investor-Aligned Entity

Founders prepare agreements connecting the business’s intellectual property (IP) to an investor-aligned entity. Under the Standard Founder CIIAA §3(g), when a prospective Operator signs before the first raise, assignment takes effect only when that raise meets its configured minimum. Section 3(b) separately licenses certain inventions used in the business, so a failed raise does not automatically release every obligation. Read the legal pack and confirm the terms with your own counsel.

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