$500M Oculus Verdict Underscores Importance Of Non-Disclosure Agreements
A Dallas jury awarded ZeniMax Media $500 million against defendant Oculus VR despite ruling that Oculus did not misappropriate any ZeniMax trade secrets. Of the $500 million award, $200 million arose from Oculus’s alleged breach of a non-disclosure agreement.
The Intellectual Property Needs Of A Startup Business
The assets of a modern startup business are tied to its intellectual property holdings. This is because the modern startup typically initiates its presence in the internet space where intellectual property is the main, if not the only brick, in the startup's foundation.
Why C-Corp Is The Best Entity For A Tech Startup Company
While a tech startup company may be impressed with the relative ease of tax accounting for LLCs versus C-Corps, this administrative informality may not sufficiently cover the most immediate need of the startup company: Seed funding and subsequent stages of venture capital raises.