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Heather Meeker, a lawyer and venture capitalist specializing in open source software, discusses the importance of contribution agreements for companies starting open source projects. The concept of inbound and outbound licenses is crucial - inbound licenses refer to rights coming into the project from contributors, while outbound licenses grant rights to recipients under the open-source license. To run a project, copyrights in code must be exercised, with contributors licensing their copyrights to the project. Understanding the difference between inbound and outbound licenses is essential for managing open source projects effectively.
