Unless they are getting international investment, anything in the #CaymanIslands for a #startup is a red flag
Seems like a slightly red flag when a startup's IP is owned by a separate entity in the Cayman Islands.http://www.theverge.com/2016/12/22/13908160/faraday-future-vs-ff-cayman-global-problems-jia-leeco-lesee-car …
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a pink flag, perhaps?
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Apple's IP is owned by a separate entity in Ireland. They don't want to pay taxes. IP licensing is very expensive ya know...
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