IP Rights w/ GlenCoco

Y'all know what I'm talking about, it's been the buzz of the War Room (and most of us, our DMs from their CEO) -- Bravado Flex's new competitor, GlenCoco

Checked it out, because why not use both platforms if possible (side hustles on side hustles), and noticed some fairly concerning IP language in their contract --

I'm not a lawyer, but by all accounts it seems to stipulate that the rights to all work/content created by their contractors (us) while providing contracted services to the clients we're matched with is effectively surrendered to their platform and company.

Granted I'm newer to the consulting space, but is this unreasonable? Can anyone confirm how Bravado looks at this issue?

Here's the language for those interested in taking a stab at legal interpretation:

"CONTRACTOR hereby irrevocably assigns to ENTITY for no additional consideration, CONTRACTOR’S entire right, title, and interest throughout the world in and to all results and proceeds of the Contracted Services performed under this Agreement and all other writings, technology, inventions, discoveries, processes, techniques, methods, ideas, concepts, research, proposals, and materials, and all other work product of any nature whatsoever, that are created, prepared, produced, authored, edited, modified, conceived, or reduced to practice in the course of performing the Contracted Services or other work performed in connection with the Contracted Services or this Agreement (collectively, and including the Deliverables, “Work Product”), and all patents, copyrights, trademarks (together with the goodwill symbolized thereby), trade secrets, know-how, and other confidential or proprietary information, and other intellectual property rights (collectively “Intellectual Property Rights”) therein, including the right to sue for past, present, and future infringement, misappropriation, or dilution thereof. To the extent any copyrights are assigned under this section, CONTRACTOR irrevocably waives in favor of ENTITY to the extent permitted by applicable law, any and all claims CONTRACTOR may now or hereafter have in any jurisdiction to all rights of paternity or attribution, integrity, disclosure, and withdrawal and any other rights that may be known as “moral rights” in relation to all Work Product to which the assigned copyrights apply."

🤑 Side Hustle
16
CuriousFox
WR Officer
7
🦊
How much you wanna bet the majority don't read the terms 👀🍿
369DocuSign
Big Shot
3
Sales Director
What up @curiousfox! I’ve been off Bravado a while, nice to see a familiar name

But yeah 100%, I’ve been on the sell side of contracts long enough to know you’ve gotta read that sh*t for good reason
GDO
Politicker
0
BDM
im shocked people do!
HVACexpert
Politicker
3
sales engineer
Hey @Gasty what are your terms for Flex?
Gasty
Notable Contributor
3
War Room Community Manager
This seems standard. If a contractor does work for a business, then yes the work product belongs to the business.
369DocuSign
Big Shot
1
Sales Director
But that’s my question, why would the intellectual property rights belong to GlenCoco instead of the company I’m actually performing the services for?
Gasty
Notable Contributor
2
War Room Community Manager
@369DocuSign : They shouldn't. Not sure what this Coco company is up to. For Bravado Flex, it's clearly mentioned in our terms that the work would belong to the business you're providing the contracting services to.
ThatNewAE
Big Shot
2
Account Executive - Mid enterprise
I am just truly disturbed by how the word 'CONTRACTOR' is screaming at me. Like really loud and unclear.
jefe
Arsonist
1
🍁
Same with ENTITY. Which is even weirder to me.
braintank
Politicker
2
Enterprise Account Executive
That seems standard.
You're bound by the same terms at your 9-5 job.
jefe
Arsonist
3
🍁
Most people don't realize it. Also, pretty sure that given their use of 'ENTITY' that it's the company you're working for that retains the rights to that IP, not Glencoco. Which, again, is standard.
So few people read contracts and it shows.
braintank
Politicker
2
Enterprise Account Executive
Yup
jefe
Arsonist
1
🍁
Workers at rock climbing gyms, axe throwing etc. are always so thrown when I actually read the waivers before signing.
369DocuSign
Big Shot
0
Sales Director
Sorry, to clarify the ENTITY in the contract does say GLENCOC. I only edited that part for this post for screenshotting purposes.
jefe
Arsonist
0
🍁
Then that seems messed up. And not good for either the company looking for salespeople or the rep
Pachacuti
Politicker
1
They call me Daddy, Sales Daddy
While it may appear extreme, it’s not much different than a normal sales job. But if you don’t like the T&Cs, don’t work for them.

Btw - Glencoco was out before Flex I believe.
369DocuSign
Big Shot
1
Sales Director
“if you don’t like it don’t work with them”

Super valuable, thanks for taking the time
Sunbunny31
Politicker
1
Sr Sales Executive 🐰
Seems pretty standard? IANAL, however, but all of this looks pretty frightening but boils down to the company you work for owning the products of your work, not you.
It's an issue when you get into patents or copyright, and who owns that kind of thing, but unless you're actively inventing things, you're probably fine.
Beans
Big Shot
0
Enterprise Account Executive
Jesus that is brutal
nomdeguerre
Executive
0
Account executive
Based on the name alone Glencoco its a hard pass for me.
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