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Heather Meeker, a lawyer and venture capitalist specializing in open source software, addresses the commonly asked question of whether companies starting open source projects need a contribution agreement. She explains the importance of inbound and outbound licenses in running an open source project, highlighting the need for contributors to license their copyrights to the project and for recipients of the project to receive rights under the open-source license. Inbound licenses refer to the grant of rights from contributors to the project.