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Investor Connect Podcast

Investor Connect is for investors interested in learning more about investing in startup and growth stage companies. Experienced investors share their experiences and advice with those who are considering an investment into startups and growth companies. It includes a podcast series of interviews with investors to inform others about the process of funding startups as well as a resource list and a discussion board.  

Topics include sourcing, analyzing, and researching companies. Other topics include valuations, terms Sheets, board of directors, board of advisors, due diligence, syndicates, venture capital, angels, angel networks, family offices, crowdfunding, exits, and more.

Investor Connect is a community program. We welcome your suggestions for speakers and topics which you can send to us through the Contact page. No registration is required to use the resources.  Discussion boards are available to post and answer questions about startups and growth company investing through which registration is required.

Investor Connect is a program under the Texas Open Angel Network which is a 501(c3) non-profit dedicated to the education around startup funding.

Disclaimer: Hall T. Martin is the Director of Investor Connect which is dedicated to the education of investors for early stage funding. All opinions expressed by Hall and podcast guests are solely their own opinions and do not reflect the opinion of Investor Connect. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.

Jul 29, 2020

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.

In launching your startup you must consider employment law. 

You should check to see what contracts your prospective employee may have signed with a former employer around non-competes, non-solicitation agreements, and assignment of inventions. 

A non-compete means the employee cannot work for another company that competes with their former employer. If they signed one with a previous employer who is a competitor, then this may be an issue. 

A non-solicitation agreement prevents an employer from approaching your employees to hire them away. 

Assignment of inventions means the prospective employee must sign over their right to inventions during their work at your company.  

All employees should sign a non-disclosure agreement regarding their work at the company.  

All employees should have a contract that defines they are working ‘at will’, which means either the employer or the employee can terminate the relationship at any time.

Also, if offering stock options, this should be documented as well. 

Classification of employees is a key issue as the taxing authorities will see if you have misclassified an employee as a contractor to avoid paying payroll taxes, and meeting minimum wage requirements.

There are also wage payment laws that require payment for hourly workers at a certain frequency such as biweekly.

Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.

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