Ten Ways To Avoid Destroying Value In Your Technology Company — Part III

In the last two editions, we discussed a number of ways technology companies can diminish their value, including failing to secure all copyrights, failing to patent inventions, carelessly giving away access to source code, and hastily granting exclusive distribution rights. In this edition, we look at legal compliance and shareholder issues — two areas where inattention can be costly.

Complying with Law

It is obvious (and presumably does not even need to be mentioned here) that all companies (and individuals) should comply with all applicable laws. This goes, of course, for technology-oriented enterprises as well. And there are a lot of laws to have to comply with nowadays. However, ignorance of the law is no excuse to a breach of it.