Neal Stephenson Quote
We know the economics of these startups, Eb says. We begin with nothing but the idea. That’s what the NDA is for—to protect your idea. We work on the idea together—put our brainpower into it—and get stock in return. The result of this work is software. The software is copyrightable, trademarkable, perhaps patentable. It is intellectual property. It is worth some money. We all own it in common, through our shares. Then we sell some more shares to an investor. We use the money to hire more people and turn it into a product, to market it, and so on. That’s how the system works,
Neal Stephenson
We know the economics of these startups, Eb says. We begin with nothing but the idea. That’s what the NDA is for—to protect your idea. We work on the idea together—put our brainpower into it—and get stock in return. The result of this work is software. The software is copyrightable, trademarkable, perhaps patentable. It is intellectual property. It is worth some money. We all own it in common, through our shares. Then we sell some more shares to an investor. We use the money to hire more people and turn it into a product, to market it, and so on. That’s how the system works,
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About Neal Stephenson
Stephenson's work explores mathematics, cryptography, linguistics, philosophy, currency, and the history of science. He also writes nonfiction articles about technology in publications such as Wired. He has written novels with his uncle, George Jewsbury ("J. Frederick George"), under the collective pseudonym Stephen Bury.
Stephenson has worked part-time as an advisor for Blue Origin, a company (founded by Jeff Bezos) developing a spacecraft and a space launch system, and also co-founded the Subutai Corporation, whose first offering is the interactive fiction project The Mongoliad. He was Magic Leap's Chief Futurist from 2014 to 2020.