Young entrepreneurs often face challenges with intellectual property rights, as clarity on legal boundaries is rarely straightforward. The assessment of whether an innovation impacts the original copyright holder's ability to monetize their work is crucial. For instance, technologies like Stable Diffusion may infringe on copyrights if they threaten original creators' revenue streams. Conversely, the use of snippets by companies like Google is generally perceived as fair use, given it provides value by directing traffic to the original source and allowing creators to opt out. Founders should focus on the fairness perceived by content holders when implementing new innovations, enhancing their understanding of fair use to prevent potential legal complications.
Today’s show:
Wilson Sonsini partner Adam Shevell joins Jason to discuss gaining access to datasets (1:10), fair use in copyright cases (6:29), and more!
*
Time stamps:
(00:00) Wilson Sonsini partner Adam Shevell joins Jason
(1:10) Gaining access to datasets, avoiding copyright infringement, and why IP is protected
(6:29) The concept of fair use and when it applies
(11:26) What new founders should pay attention to
(14:59) The Github case
(17:42) Proper strategy for getting permission
(22:56) How startups get crushed with legal bills
(23:32) The Andy Warhol supreme court case
*
Check out Wilson Sonsini: https://www.wsgr.com
*
Read LAUNCH Fund 4 Deal Memo: https://www.launch.co/four
Apply for Funding: https://www.launch.co/apply
Buy ANGEL: https://www.angelthebook.com
Great recent interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland, PrayingForExits, Jenny Lefcourt
Check out Jason’s suite of newsletters: https://substack.com/@calacanis
*
Follow Jason:
Twitter: https://twitter.com/jason
Instagram: https://www.instagram.com/jason
LinkedIn: https://www.linkedin.com/in/jasoncalacanis
*
Follow TWiST:
Substack: https://twistartups.substack.com
Twitter: https://twitter.com/TWiStartups
YouTube: https://www.youtube.com/thisweekin
*
Subscribe to the Founder University Podcast: https://www.founder.university/podcast