I run a small startup, a platform for automated home energy management. I operate in California. In order to scale the business, I want to attract an investor, but I don't want to hand over the platform code. The investor insists on transferring the code. Do I have to do it?
It seems to me that if you were selling a startup, you would be obligated to transfer intellectual property rights, but if you were raising a small round of funding, it would not be necessary. You can consult with attorney David Sharifi, Esq. from
techandmedialaw.com. Contact firms that specialize in corporate law and intellectual property. I think they will be able to help you.