Jun 21 (edited) • 🚀 General Discussion
6-Month-Old AI Startup Sells for $80M
Base44, founded by solo dev Maor Shlomo, just sold to Wix for $80 million in cash—after only six months in business.
As your legal big sis in the AI space, here’s what this headline should spark for you:
🧠 IP clarity is non-negotiable. If you’re building with AI, make sure your contracts lock down ownership of every line of code and prompt.
📑 Incentives matter. Wix earmarked $25M just to retain the core team. If you’re bringing collaborators on board, even informally, get your equity and contractor terms in writing.
📈 A clean financial track record pays off. $189K profit in May? Impressive—but only if your books, licenses, and model usage are legally buttoned up.
The takeaway? Vibes are cool—but clean contracts are what make deals like this possible.
📥 Want a free checklist to legally prep your AI startup for acquisition? Comment below and I’ll send it your way.
-- Attorney Tatyana 🙋🏻♀️
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6-Month-Old AI Startup Sells for $80M
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