gbrain: sync converted org-mode brain files
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@@ -18,7 +18,7 @@ Recommended structure: Delaware C-Corp (US OpCo) + BVI Business Company (IP Co).
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│
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owns the IP assets
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(Passepartout code, gate rules,
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ACL2 libraries, Agora protocol
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ACL2 libraries, [[file:agora.org][Agora]] protocol
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spec, trademarks, domain names)
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The OpCo pays the IP Co an arm's-length royalty for the right to use the IP in its business (compliance sales, PDS hosting, marketplace operations). The IP Co accumulates royalty income in a tax-neutral jurisdiction (BVI has 0% corporate tax). The founders own both entities under the same cap table.
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@@ -132,7 +132,7 @@ This is the most important document. It must:
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4. /Territory:/ Global license, exclusive or non-exclusive.
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5. /Sub-licensing:/ Whether the OpCo can sub-license. Typically no — the IP Co controls sub-licensing.
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5. /Sub-[[file:licensing.org][licensing]]:/ Whether the OpCo can sub-license. Typically no — the IP Co controls sub-licensing.
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* Layer 3: Founders' Ownership
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