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Start-Up Companies and Venture Capital
Section 1
43 minutes

Leaving your job behind

Brian JM Quinn

For many entrepreneurs, the first most important decision is to leave their current employment, perhaps a very good job, for the uncertainties of the start-up life. Unfortunately, it may not be as simple as handing in their notice and then forming a new company the next day. The decision to leave one's job, and the manner in which one does so, can have important legal implications for the subsequently formed start-up entity. 

Leaving your job behind implicates issues related to contracts, trade secrets, and fiduciary duty (agency). 

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