-- Google Finance, Govt, Policy and Business Issues
---- Google Gadget Ventures Launched: Funding Available
andye - 10:01 am on Jun 29, 2007 (gmt 0)
@menial: where does it say that developers "give all the rights to Google"?
It should be obvious. That's the reason they pay you so that they have the proof you have already been rewarded for your job (and can claim no further rights to the invention/project in the future). You may check their employee agreement (which, I'm sure, applies to contract workers/inventors too)
menial, you're assuming that there's a 'work for hire' employment relationship being created here.
As far as I can see, that's not the case. G is buying equity, which doesn't create an employee relationship. So I don't see why their standard employment contract would apply.
FAQS 6. Does Google's seed investment in a Google Gadget give it equity solely in the gadget or the entire company that produced it? Google's investments will be in companies, and the equity for that investment will be equity in these companies.