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Be Frugal, But Never Cheap When Locking Down Your IP

InfoChachkie

The money you pay your intellectual property (IP) lawyer should be judiciously spent. However, the potential costs associated with an IP mishap can be catastrophic. As such, save money buying used office furniture, not by selecting an inexpensive IP lawyer who lacks the appropriate level of experience in your technical domain.

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What Did I Learn From the First VC Check I Ever Wrote?

Both Sides of the Table

But like the company Kyriba, where we recently sold our position at above $1 billion, it took time until the revenue exceeded $100 million recurring and then the industry really competed to back this amazing company since it had scale, defensible technology and long-term, committed customers. VCs have different views and strategies on this.

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Intellectual Property – Worthless To A Startup, Priceless To A Big Dumb Company

InfoChachkie

Intellectual Property (IP) is an ugly thing at a startup. However, to a Big Dumb Company (BDC), a startup’s IP is a thing of beauty. How can IP be worthless to a startup yet very worthwhile to a BDC? Because IP has intrinsic value, but only in the right hands. Yet, it does nothing to help you execute your business model.

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What Makes an Entrepreneur? Cojones (7/11)

Both Sides of the Table

This is part of my series on what makes an entrepreneur successful. I originally posted it on VentureHacks , one of my favorite websites for entrepreneurs. I started the series talking about what I consider the most important attribute of an entrepreneur : Tenacity. Entrepreneurs are inherently risk takers.

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Interview with Minnie Ingersoll, TenOneTen Ventures

socalTECH

What's the hardest part of being a startup entrepreneur? We write checks from $500K to a million dollars, and we like to fund engineers turned entrepreneurs. What do you look for in entrepreneurs? I think the vision and the selling, for investors, for employees, and for customers, is really a core skill.

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Most Common Early Start-up Mistakes

Both Sides of the Table

I often talk with entrepreneurs who are kicking around their next idea. To the best of my knowledge US law allows you to work on your own resources and in your own hours and let you personally own your IP. I’m reluctant to put it into writing because people get so passionate about this issue and many disagree.

Startup 365
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How to Work with Lawyers at a Startup

Both Sides of the Table

I recently read a post over on VentureHacks titled, “ Top Ten Reasons Entrepreneurs Hate Lawyers &# written by Scott Walker (who blogs on legal issues for entrepreneurs ). I write about some of the lessons in my post on Startup Mistakes. Shame about not getting it in legal writing that you owned the original IP.

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