Events to foster the entrepreneurial spirit.


May 18, 2017 brian prokopowich0

A common question that entrepreneurs/inventors have when incorporating is how to structure the business. The options for structuring a business can be overwhelming, especially when it comes to determining the number of share classes to include in your corporation. Generally, founders will initially want to issue shares to themselves, their investors, and certain employees.

To finish reading the Clausehound blog: Click Here

This blog was originally posted by Farrah Roahman

This article is provided for informational purposes only and does not create a lawyer-client relationship with the reader. It is not legal advice and should not be regarded as such. Any reliance on the information is solely at the reader’s own risk. is a legal tool geared towards entrepreneurs, early-stage businesses and small businesses alike to help draft legal documents to make businesses more productive. Clausehound offers a $10 per month DIY Legal Library which hosts tens of thousands of legal clauses, contracts, articles, lawyer commentaries and instructional videos. Find where you see this logo.


May 2, 2017 brian prokopowich0
An Invention Assignment Agreement, often known as an Intellectual Property (“IP”) Transfer Agreement, is an agreement where one party assigns its intellectual property rights to the other party, either absolutely or subject to compliance with the terms of the underlying agreement.

This means the inventor (eg. software developer) assigning his/her rights can no longer claim the property as their invention. The property now belongs to the person to whom the rights have been transferred.

To finish reading the Clausehound blog: Click Here

This blog was co-authored by Vi Vo & originally posted by Farrah Roahman

This article is provided for informational purposes only and does not create a lawyer-client relationship with the reader. It is not legal advice and should not be regarded as such. Any reliance on the information is solely at the reader’s own risk. is a legal tool geared towards entrepreneurs, early-stage businesses and small businesses alike to help draft legal documents to make businesses more productive. Clausehound offers a $10 per month DIY Legal Library which hosts tens of thousands of legal clauses, contracts, articles, lawyer commentaries and instructional videos. Find where you see this logo.


April 12, 2017 brian prokopowich0

A startup, like any new business, is inherently risky, and you’ll want the venture to be as financially and legally secure as possible. But more than that, it’s kind of your baby. It’s something that you have created, and obviously you don’t want someone taking that away from you.

So it seems to make sense to want to make every potential investor you show your work to sign a non-disclosure agreement (NDA). It’s meant to keep an investor from having the ability to pass off your hard work to someone else and cut your competitive advantage.

It is very likely however, that a potential investor will refuse to sign an NDA before you’ve even gotten halfway through sliding it across the desk towards them. In some circles, it’s actually considered a faux pas.

To finish reading the Clausehound blog: Click Here

This article is provided for informational purposes only and does not create a lawyer-client relationship with the reader. It is not legal advice and should not be regarded as such. Any reliance on the information is solely at the reader’s own risk. is a legal tool geared towards entrepreneurs, early-stage businesses and small businesses alike to help draft legal documents to make businesses more productive. Clausehound offers a $10 per month DIY Legal Library which hosts tens of thousands of legal clauses, contracts, articles, lawyer commentaries and instructional videos. Find where you see this logo.

Image Source: Rob Cottingham/Flickr


March 18, 2017 brian prokopowich0

Everyone is looking to offer that next top-selling app, but it’s not as easy as it looks. First, you have to come up with an idea that is innovative and hopefully not already taken. Once you have that idea in mind, the next hurdle is bringing that idea to fruition while avoiding theft of your hard work. Here are some tips on how you can protect yourself.

Tip #1: Prepare a Non-Disclosure Agreement


One basic way to protect yourself is to have a standard non-disclosure agreement prepared. To get your ideas rolling, you will have to work with many different people. It is fantastic if you can only work with people you trust, but usually that’s not the case, so don’t take any chances! A non-disclosure agreement will require anyone who works with you to discuss your confidential information only with those who need to know the information, such as yourself and team, and to not share the information with anyone else.


To strengthen your protection, consider a non-competition agreement as well. Unlike a non-disclosure agreement, which protects confidential information from being shared, adding a non-competition agreement would prevent anyone who has worked with you from competing against you to build the same kind of app. This agreement would be particularly useful when your ideas are in the early stages and can be easily recycled by others in other areas.


Check out a sample Non-Disclosure Agreement here!


March 7, 2017 brian prokopowich0

Serial entrepreneurs are constantly coming up with the ‘next big idea’. During the excitement of starting the process of building a business, incorporating might not be the first thing on an entrepreneur’s mind. Employees might be promised shares in a corporation that doesn’t even exist. Can the employees enforce this promise?


Check out’s blog post on this topic to learn more!


March 6, 2017 brian prokopowich0

Terminator, Eagle Eye, The Matrix…robots always come back to crush the humans whenever they are given too much intelligence or too much feeling…or at least they make a point to enslave all of humanity.

Where do we draw the line? We’ve begun to see ads for Google Voice and Alexa which champion the fact that AI can do anything for you from scheduling appointments to making purchases online.

With companies already there for ‘home monitoring’ or ‘make everything electronically accessible’, such as locking your door, watching your security cameras or using appliances, how far are we willing to let artificial intelligence and tech giants into our minds and homes?

I’d like to bring up a few points regarding the need for tech in our everyday activities, starting with the most obvious argument, privacy. Hopefully, bringing some things to your attention you haven’t thought of.

Let’s say you want to use Alexa to buy a desk, off of Amazon of course, they made Alexa. It seems harmless, Amazon already has your credit card info online, so what’s the difference? The concern should come from the it’s always listening argument. Phones are already doing this, that strange feeling where you’re talking about something with friends and the next time you go on a device it’s being advertised to you; that’s because Google is listening.

This may come to a shock to you, but this is how it is these days and it is being normalized. A lot of apps ask for access to your microphone for this reason, which is why I don’t have the Facebook app, because frankly I trust them the least.

If you’re okay with your Amazon AI consistently listening to you and your family in your home like Scarlett Johansson then so be it, I’m sure the government would never acquire that information if necessary (*hard wink*). At this point I have many things through Google and I’d rather not add more to the list of companies that know everything about me.

Normalizing Non-Human Consciousness

The other day I saw an ad for a robotic dog that actually woke someone up from their sleep, to ‘play with’ it. At that point I decided that was the worse product of all time. Assuming we aren’t far off from making robot dogs soft, squishy and loveable, do we really want to venture into replacing real, living things with forms of seemingly awesome tech for ease, or to replace a loved one so that we don’t have to miss them?

In case you missed it, we can already map a human consciousness into a machine, no not just like a Johnny Depp movie, but some have already done this. It seems very scary to think we could one time incorporate robots into our everyday life.

Should we rely on it for the most human things like loved ones, pets or day to day interactions…

Should We Rely so Heavily on Tech in our Everyday Lives?

I’m sure most of us are comfortable with forgetting GPS coordinates and phone numbers, leaving that up to our devices. What else should we forego? What does this do to an economy?

These are conversations we need to have. Amazon releases a lineless grocery store and boom! There goes what, 50 potential jobs? How much further are we willing to go in terms of eliminating human contact? Because it’s already causing problems in other parts of the world; Japan basically just released a virtual girlfriend-err-assistant which will send you texts during the day.

Korean women are majority not interested in marriage while half of the Japanese youth aren’t interested in sex or relationships. It’s almost like looking into the future reading those articles, as you begin to see what long term use of technology results in: lack of relationships and human interaction. When you replace sex with porn, social outings with gaming and relationships with virtual assistants, the rate of marriage, children and relationships/sex starts plummeting at rates Generation Tinder seems destined to move towards.

Less human interaction being bad for the economy is a topic not to be ignored.

It’s already happening here; millennials are having the least sex, making the least money and are staying at home longer. Maybe a valid argument can be made that all three are tied by the economy’s state, or you can use any number of social-justice positions pushed forward, but one hand seems to wash the other and perhaps we need to ask (or re-ask) the now recurring question: is technology bringing us closer together or further apart?


March 4, 2017 brian prokopowich0

People are slowly gravitating away from the most traditional social mediums (traditional? How old am I?) and hopping on board with the new, more fresh places to be cool.

While YouTube has been around for quite some time, it is only getting more popular as users are seemingly growing tired with the censorship of sites like Facebook and Twitter (Minds is a new platform I’m liking) and pushing towards less, how do you say, politically inclined platforms; more on Facebook later.

Snapchat may be looking at a $25 billion valuation “with price guidance now likely to be $1-$2 above the $14-to-$16 estimated price range for shares”.

They have planned to sell 200 million shares at the price listed above, which would raise over $3 billion for the company. This would make it the largest IPO on American soil since Facebook went public with $16 billion in 2012. Comparatively, in 2013 Twitter got $1.8 billion, which all of course look like peanuts next to the $25 billion of Chinese super power Alibaba.

Despite the criticism of Facebook mounting by the month, they recently hit an all-time high in their stock, why?  Instagram, which they own. Instagram has been following the style of Snapchat which is spearheading its success, which begs the question: What can Facebook do to keep up?

With Twitter fading in the rear-view mirror, Facebook is doing what made Instagram popular (and Mark Zuckerberg rich), take others’ ideas and make them better. Facebook is adding new features to compete with the job search platform LinkedIn.

A company spokesman recently told Reuters “Based on behavior we’ve seen on Facebook, where many small businesses post about their job openings on their Page, we’re running a test for Page admins to create job postings and receive applications from candidates,”.

It only makes sense, although this writer would prefer for everything not be filtered through social media. Besides, anyone will tell you that a successful job interview requires going to the company’s website to learn more about them. On the other hand, most (companies) put their heart (content) on their sleeve (Facebook) anyway.

Lastly, YouTube is making giant bounds and attempting to save the cable TV industry on their own. YouTube recently captioned over 1 billion of their videos to help out those with hearing issues.

That is essentially where the nobility stops and business begins, as YouTube star Philip DeFranco announced, the media giant is going to be offering YouTube TV; a subscription-based service for, you guessed it, Cable TV.

No doubt this is because Cable TV subscription numbers are getting really low, and news-media giants are noticing no one is tuning into them anywhere near the rates they are watching Joe Rogan, Alex Jones or the aforementioned Philip DeFranco on YouTube.

A desperate attempt to get money by the networks or a noble attempt to save jobs and content variety by Google? Either way, it seems YouTube comes out on top and has nothing to lose by giving a large audience a chance to see more content.

Let us know what you think in the comments.


February 24, 2017 brian prokopowich0

Whether a particular arbitration clause will be enforceable depends on the way in which the clause is drafted. Generally speaking, if (i) the clause is clear, (ii) arbitration is made mandatory, and (iii) the contract can otherwise be enforced, the arbitration clause will be enforceable.

Is the arbitration provision in your company’s employment agreement enforceable? Our partner organization,, has shared a blog post that outlines considerations a company should take when drafting or reviewing the arbitration provision in its employment agreement. It is a valuable read for any entrepreneur or business that wants to ensure that their last line of defence in their employment contract is well drafted!

To read the original post go to:



February 10, 2017 brian prokopowich1

With Canada’s debt mounting, it is more important than ever for investors (whether angel or not) to put money back into our country to try and create jobs, and 2017 is the best time to do it.

For starters, by way of Google, University of Toronto and the Montreal Institute for Learning Algorithms Canada is poised to be one of the global leaders in the research of artificial intelligence.

According to Sam Sebastian, Managing Director of Google Canada, “large companies, startups, incubators and federal investment coming together to support a shared vision: To make Canada the global leader in AI research.”

Stephen Lake, Co-Founder and CEO of Thalmic Labs is another industry leader and investment seeker who has made predictions for 2017. One of those being wearables, saying “Wearables continued to fight and make traction in 2016, but new form factors will open up new possibilities in 2017.”

After raising $120 million USD in 2016, Lake seems poised to keep pushing this momentum forward, which is good news for Canadians everywhere.

Thalmic Labs was also listed on Betakit’s 11 companies to watch in 2017, which includes businesses that are hot and ripe for further investment. Digital health insurance from League  and online real estate from Zoocasa are just a couple examples.

With so many industries switching to online tech, these are where the investments are really going. Customer service and market evaluation are booming too, like Hopper, an app that analyzes and predicts airfare, which is incredibly handy if you’ve ever become frustrated trying to book a flight.

Once companies like this hit the ground running, it’s a safe bet that duplicates will pop up. Food-delivery apps are popping up out of every corner as fast as applications for Snapchat and Instagram are.

As the Financial Post (via Bloomberg) points out “There have only been two Canadian IPOs in the past 12 months larger than $100 million. In the U.S., several tech companies have been waiting in the wings during the election. Now that markets have stabilized, big-name companies such as Snap Inc., parent of Snapchat, Blue Apron Inc., and MuleSoft Inc. are expected to pursue share sales next year.”

Of course Canada needs more of this, now more than ever. Restrictions, taxes and electricity costs have been a huge hurdle for Ontario businesses to overcome, let alone attract sexy investments into companies which stifle initial public offerings (IPOs) from coming about down the road.

It would be somewhat of a tragedy to have to wait until an election in 2018 for changes to be made to increase business expenditure in Canada. However, as the tech industry often does, it is possible to defy the odds.

One example the aforementioned article is Mississauga’s ‘PointClickCare’, which is poised to be going public in 2017, following the lead of real-estate data company Real Matters Inc.

It is companies like these Canadians need to invest in and support, to continue to develop tech companies in our future.

StartupTechUnleashed aims to support more and more Canadian companies as the months pass, with a lot of high expectations for 2017. Keep checking back, as the Canadian climate keeps building in a positive direction.

Written By: Andrew Chapados


February 8, 2017 brian prokopowich1

If you haven’t heard, social media is everywhere. Whether it’s Facebook, Twitter, YouTube, Instagram, Snapchat (do I go on?) there are, believe it or not, some do’s and don’ts for these platforms.

Most of the following can be avoided with careful research, citation and not trying to do ‘what’s cool’. It’s especially paramount for tech companies. Trying to duplicate what’s consider ‘edgy’ or ‘cool’ can come back to bite you and the internet really doesn’t like copy cats.

Here are a few simple tips to help you avoid some bad PR and the headaches that come with it.

Be Careful What You Share

As much of a laughing stock the term ‘fake news’ has become by those who coined it, misleading posts are everywhere. Unfortunately, some people are willing to lie to get clicks/their point across, don’t be one of those people who shares controversial images without knowing their origin.

Whether it’s images meant to look like something they aren’t  or false claims, sharing something without knowing the origins or if it’s true can have devastating implications. If you haven’t read what you are sharing, don’t share it.

Don’t Oversell

Believe it or not social media was designed for being social, not commercialism. But as time goes by every single medium falls into the greedy hands of capitalism and starts doing promotions. There now exists a relationship between users and businesses that mustn’t be taken advantage of, or face the dreaded ‘unfollow’ button.

Do your best not to spam with offers or advertisements on your page. You’ve got to create a relationship with your followers where you are sharing interesting content more often than not, and then slide your promotions in seamlessly.

While promoted posts on social media will appear to those who share the interests, the only way to get people to share/view your stuff is to put interesting or read-worthy content out there.  Otherwise, platforms like Facebook and Twitter have ensured less people will see your content if it isn’t paid for.

Don’t forget free stuff, everyone loves free stuff! Promotions for give-aways of items that most people like across the board usually get a lot of attention. Think along the lines of prizes that are hard to obtain for the common 9 to 5 consumer: sports tickets in sports crazy town, concert tickets for a big-name artist, new tech like phones or headphones or basically anything for which quantities are limited and lines are long.

Don’t Stop, Updating

This is especially true for YouTube and Instagram; daily users of these platforms will really get into a groove and if the content satisfies their needs they will become loyal followers.

Whether you are updating once a day, week or month, make sure to be consistent. If followers get a taste of your content every Monday, and you miss consecutive Mondays, those users will lose faith and likely stop checking back.  While a large amount of followers looks nice, it’s not the number you should be most concerned about. Rather clicks, interactions and viewer retention.

Avoid Political Stances

No matter where you are on the spectrum, ‘keyboard warriors’ are going to poke holes in you faster than you can update your feed. Be professional at all times (especially when responding clients who aren’t tech savvy) and avoid giving opinion on the politics de jour.

This does too include ‘accepted viewpoints’, no one really wants to hear it from non-news organizations, sorry. When you take a stance to support your favourite local business’ rights, whether you deem necessary, it comes at the risk of putting off a lot of potential customers and forever links you to this point of view.

Don’t fall victim to the “gotta get in on the action” mentality, unless it’s a fun, non-political trend, because people see right through that these days.

Don’t Ignore Analytics

Last but certainly not least, social media provides some of the best analytics out there, most of which are free of cost.

YouTube tells you how long people are watching and what they are watching most, while Twitter tells you how many people have seen and/or clicked on a link.

They will all tell you your demographics down to their age, gender, city and more. Use these as much as possible, right down to what time and which day of the week most of your followers view your content, for example.

Pretty handy stuff.

In a world that doesn’t like being advertised to, tread lightly on social media, capitalize on trends without coming across as one-sided or trying to take commercial advantage of bad moments in time. Be consistent and reward loyal followers with content and of course, free stuff.

Article written by: Andrew Chapados