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I've developed software using my own skills plus several consultants, and now I've hired some full-time employees. Sales are picking up and we are close to raising capital. Investors want me to verify ownership. Don't I own what I paid for?
Unfortunately, you may not. Absent written agreements, the copyright in software is owned by the author and patentable inventions are owned by the inventors. Ownership also depends on whether the person is acting within the scope of their employment or consultancy. These are complex issues and can be remedied (even after the fact) by agreements that transfer ownership to the employer.
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