Considering several legal issues facing Samantha Good, CEO of Next Step, software concern that focuses on World Wide Web and planning an initial public offering. Description of computer experience to the base of the Fine and discuss the next step of action, related to transformation WebSaver with unproven idea to product, one of the most successful web-based software products. Provides a brief description of the origins of the Internet and Web, Web search engine market and online advertising. Although the topic of this case is a company whose main product is an innovative program in the relatively new and rapidly changing environment, the legal lessons to be learned from this case are applicable to a wide range of business enterprises. Legal issues include domestic and international intellectual property protection, the effect of task interference, non-compete provisions and non-disclosure agreement, the equality of rights of the founder, who is leaving, and the tax and accounting implications of last-minute release of cheap stocks. "Hide
by Constance E. Bagley, Rakesh R. Khanna Source: Stanford Graduate School of Business 16 pages. Publication Date: 01 Oct 1997. Prod. #: E239-PDF-ENG
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