A group project turns into a real business, need some advice.
I just won a University Product Marketing Competition and the idea will soon be a reality through the helps of the university, professors, and some partners. We were assigned group members and they did little to no work. I was fine pulling the weight because I had faith in my product. However, riding along for a free ‘A’ is one thing, but getting free royalties for the rest of your life is another.
My question is that, since I came up with the idea and did all the leg work, should I be getting the majority, or entirety of the equity? Now that we’re going to be starting soon. Is there any type of legal action I can take to claim my work? because the University might try and defend them and their “equal part.” (There were 5 in the group, including myself)
I appreciate you guys and the advice you give!
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