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MENLO PARK, Calif.–(BUSINESS WIRE)–
Ataeum has unveiled an revolutionary new platform that empowers entrepreneurs to rework their concepts into profitable companies. The all-in-one strategy is exclusive in that it removes obstacles that generally discourage would-be entrepreneurs from pursuing their startup desires. The Ataeum platform – which till now has been in non-public beta – is now accepting new members at ataeum.com.
This press launch options multimedia. View the total launch right here: https://www.businesswire.com/information/house/20210914005071/en/
Entrepreneurs with even probably the most sensible concepts typically falter as a result of they’re hesitant to go away the safety of their job, or they don’t know the place to seek out the correct collaborators to get their startup off the bottom. Ataeum addresses each pain-points by automating probably the most time-consuming authorized and administrative duties related to making a three way partnership, and by connecting entrepreneurs with different co-founders and particular person contributors to construct the correct staff to get the startup off the bottom.
Ataeum is exclusive in its strategy to good vesting. No different startup platform presents such a sturdy set of authorized instruments to make sure honest and equitable distribution of the enterprise’s future commercialization worth. As every participant joins a enterprise, the founders decide their goal possession and vesting schedule based mostly on mutually agreed-upon duties and finances contributions. The Ataeum platform then retains observe of vesting, making certain members are appropriately credited for the work they carry out and the monetary contributions they make to the enterprise.
How Ataeum Works
Becoming a member of the Ataeum group is free. Members can construct their profile, community with different entrepreneurs and browse a rising checklist of initiatives – or create a undertaking of their very own. Ataeum Tasks allow members to doc their concepts and use Ataeum’s “MVP Stream” to outline and refine their minimal viable product (MVP) imaginative and prescient. Beginning a undertaking provides members the power to signal limitless NDAs with different members, making it simple to discover collaborative choices with full safety of their mental property (IP).
As soon as an Ataeum Venture has a clearly outlined MVP and a staff of collaborators in place, it’s time to improve to an Ataeum Enterprise. This step types contractual relationships between the co-founders, permitting them to take concrete steps towards assembling a staff to construct the MVP. An Ataeum Enterprise allows co-founders to broaden the staff whereas defining roles and pretty managing the members’ potential possession pursuits and reinforcing them legally. On the Enterprise stage, Ataeum holds all IP in escrow and allows founders to assign future possession and set clearly outlined vesting schedules for all concerned.
With the staff in place and the MVP constructed, Ataeum Ventures then have the choice of commercializing the undertaking. At this stage, as soon as the Enterprise delivers a commercialization discover, Ataeum then establishes the Enterprise as a Delaware company. Along with submitting the certificates of incorporation, Ataeum additionally obtains an IRS EIN quantity, points inventory to enterprise members, creates contractor agreements for personnel, and transfers the associated IP to the newly established company. At this stage, the Enterprise graduates the Ataeum platform.
Get Began As we speak!
Not solely is becoming a member of Ataeum free, however members can work together with fellow members and create as many initiatives as they like for gratis. This contains limitless use of Ataeum’s MVP move, which guides founders by way of a sequence of questions to assist them take their startup from the concept stage to a completely conceptualized MVP. As soon as a member converts their Venture to a Enterprise, Ataeum costs a charge of $699 plus 3.99% of future commercialization entity (for a restricted time, Ataeum is providing early chook pricing of $199 plus 1.99% of future commercialization entity). Ataeum then costs a $999 charge for incorporation, at which period the Enterprise turns into its personal authorized entity.
Based in 2021, Ataeum’s mission is to empower individuals to show their concepts and passions into companies, and construct a world the place everybody designs their very own lives and loves the work they do. Ataeum delivers an all-in-one platform that empowers entrepreneurs to bootstrap startups in an automatic, low-cost, no-paperwork manner. The corporate’s revolutionary work-based strategy minimizes co-founder uncertainty and conflicts, and facilitates honest possession based mostly on the quantity of labor carried out. Ataeum is privately held and headquartered in Menlo Park, CA. For extra data, go to ataeum.com.