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ConTraps Part III – Contract Traps Entrepreneurs Should Avoid At All Costs

InfoChachkie

Intellectual Property (IP) provisions should ensure that both parties maintain the IP rights that they respectively own at the outset of the relationship. A more complicated negotiating point involves IP that is created in the course of the parties’ collaboration. This is generally a straightforward and uncontested provision.

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Ten Rookie Startup Mistakes You Won’t Make

InfoChachkie

Thus, follow the guidelines outlined in IP – Worthless To A Startup and only spend significant time and effort protecting your intellectual property when it is clear what you are trying to protect. Even benevolent BDCs lose interest in your solution once this competitive risk is eliminated. 3) Attempt To License An Idea.

Startup 242
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The 4 Partners Early-Stage Startups Need

Tech Zulu Event

To make sure your IP is protected — As I’ve written before, failing to develop an IP strategy, including a plan for protecting your IP as well as avoiding unwitting infringements of someone else’s, is a huge mistake. Not only does hiring expend a lot of resources in terms of time and effort, it’s full of potential pitfalls.

Startup 40