You built a product, should YOU own it or your LLC own it?

– Had my own LLC.

– Kind of founded a product through the LLC.

– Then met a cofounder who built-out a basic MVP of it.

– Any benefit in my LLC owning the product? Or, should I, as an individual, own my portion?

– Or, should I rush to incorporate the product as its own entity? Investor already asked if it was incorporated.

  • Your company should own all IP- this is how you build value and attract investment. When I entered into a partnership with a demo already built, I assigned the IP to the company and the resulting equity split reflected the value I brought via the tech.

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