During the third episode of "Silicon Valley" the group again does various things correctly, however the almost match that with things they did incorrectly. For example, Richard goes of to some farm so he can purchase the name Pied Piper, however he did have a few interference's. One being before he went to the farm to purchase the rights to the name. "Trademark infringement can carry a high cost for your business." (Beesley). Richard should've investigated the availability of the name before he got the written check from Peter Gregory. While all this interference happened, the other members of the group were brainstorming new names, which was a great idea on their behalf. Even when Richard made the deal about the rights to the name Pied Piper, he never got a professional legal document, which could've been a napkin with consent. This was not a good idea because the owner of the name quickly took the offer back. But Richard finally starts to negotiate like an actual business person and finally gets the rights to Pied Piper. All good, but there was still a problem with the fact there was an illegal immigrant working for them. "United States employers who knowingly or unknowingly hire illegal immigrants in their place of business are subject to a variety of government sanctions..." (McQuerrey). Gilfoyle wasn't a United States Citizen, he was an illegal immigrant from Canada, however with the help of Jared, they identified the problem and sorted everything out. If they didn't do this in time, there could've been serious consequences. " Failure to comply with these laws can result in government seizure of company assets as well as fines and possible forfeiture of the right of a company to bid on government contracts." (McQuerrey).
https://www.sba.gov/blogs/how-choose-claim-and-protect-your-business-name-online-and-offline
http://smallbusiness.chron.com/report-illegal-immigrants-work-company-17452.html
No comments:
Post a Comment