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Legal Commons - Presentation to Startup Weekend NYC 2009
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Legal Commons - Presentation to Startup Weekend NYC 2009



Published in Investor Relations , Business
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  • 1. A not-for-profit entrepreneurial venture startup business lubricant thingamajig Strictly Confidential-ish.
  • 2. legal
  • 3. documents
  • 4. suck.
  • 5. nice
  • 6. process
  • 7. sucked less?
  • 8. Why Legal Documents Suck •Legal documents demonstrate that there are 100 ways to skin a cat (no one wants to skin a cat) •They’re a time-wasting, ego-feeding, tree-killing, retainer-validating, stultifyingly-obfuscating, bill- padding, and needless tug of war. (whoever wins, we lose*) *that comes from some stupid movie somewhere
  • 9. Legal Commons Provides standard and human-readable and human-editable contracts.
  • 10. Goal → Create standard, configurable, and understandable Documents a la Creative Commons License System ≈
  • 11. Standard? Q: How much material difference is there between most standard business contracts? A: Not much.
  • 12. Configurable? •Yes, contracts are specific to situation. •So, let’s only worry about the “Not much.” (see the previous slide if you’re confused)
  • 13. Understandable? •Speak in plain english •Back it up with legalese •Use pictures
  • 14. How does this work? Let’s give a demo:
  • 15. Weekend Accomplishments •Successfully stole borrowed remixed’s branding •Launched website: •Created a logo that sort-of looks like a wheelchair (according to jonathan) •Created a working prototype for a Non-Disclosure Agreement •Sketched out For-Profit Subsidiary
  • 16. What’s next? •Codify (and code) additional legal documents. •Use it — build community (New York Tech would be a great plate to start... ahem.) •Reach out to Laurence Lessig (who happens to own •Iterate!
  • 17. (Sort- of)Contingency •Create a for-profit subsidiary to manage legal handshakes and wet signatures between legal entities. (We’ve written a plan and pro-forma. It features a hockey stick. It rocks.)
  • 18. Team and Contact Michael E. Gruen Alexis N. Mueller Alison Anthoine Willis Chen David W. Riordan David A. Sampayo