Is it possible for one person to create a company for a particular technology and then create another company that benefits from it but doesn't own it?

For context. I have a technology I'd like not be controlled by investors or board of directors because they are mostly driven by net revenue than innovation. It's a delicate technology and we must put safety first. So for that I'd like to be in charge and make sure things go as they should and that there is no pressure to eek out money. On the other hand, I'd like to continue its development for a long time, which means I will need money. So currently, its useful to an extent where it can generate value for people. And that begs the question above.

Will there be any challenge for one person to create a (possibly private) company for such technology and another to leverage it but open to investment, or will that be considered a conflict of interest? Are there examples of such?

appcypher:
Is it possible for one person to create a company for a particular technology and then create another company that benefits from it but doesn't own it?

For context. I have a technology I'd like not be controlled by investors or board of directors because they are mostly driven by net revenue than innovation. It's a delicate technology and we must put safety first. So for that I'd like to be in charge and make sure things go as they should and that there is no pressure to eek out money. On the other hand, I'd like to continue its development for a long time, which means I will need money. So currently, its useful to an extent where it can generate value for people. And that begs the question above.

Will there be any challenge for one person to create a (possibly private) company for such technology and another to leverage it but open to investment, or will that be considered a conflict of interest? Are there examples of such?

Legally, it is possible to create two economic entities to be trading with each other. The relationship between the two companies will be in form of associate or affiliate.

For the first company, you can own the entire 80% holdings in form of shares(or 100% for exclusive right ), while the second company`s share can be privately held by investors ( you don`t need to own up to 50% since control is not intended).

micolaj:


Legally, it is possible to create two economic entities to be trading with each other. The relationship between the two companies will be in form of associate or affiliate.

For the first company, you can own the entire 80% holdings in form of shares(or 100% for exclusive right ), while the second company`s share can be privately held by investors ( you don`t need to own up to 50% since control is not intended).

Thanks! That is informative and very helpful