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Getting A Software Patent Is Valuable But Frustrating

Startup Professionals Musings

For a software startup, a patent can be the intellectual property providing the key competitive advantage, or it can be an expensive non-defensible bureaucratic nightmare -- or both. Some argue to simply eliminate software patents, while others put their hopes in U.S. There is no such thing as a world-wide patent.

Patents 53
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How Entrepreneurs Can Capitalize On Their Alma Mater

Startup Professionals Musings

Most universities have a file of patents from project work that they are willing to license to any entrepreneur for business commercialization, with little or no cost up front. These also get used for guest lectures in business classes, judges for business plan competition, and introductions to accredited investors.

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10 Answers That Make Your Startup Plan Investable

Startup Professionals Musings

This is also the place to first mention patents and any other differentiators that put you ahead of competition. Every new offering has competition and alternatives, so it’s not credible to claim no competitors. Marty Zwilling First published on Entrepreneur.com on 02/03/2016. It’s really not that difficult.

Invest 108
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8 Ways To Get Off The Ground With Angel Investors

Startup Professionals Musings

If your solution and brand are really new and innovative, you need to protect them with a patent, trademark or trade secret. These are required to show that you have a defensible competitive advantage or at least a barrier to entry. Marty Zwilling First published on Entrepreneur.com on 03/02/2016.

Angel 65
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7 Shortcuts That Can Kill A Startup Business

Startup Professionals Musings

Filing a provisional patent costs very little if you do it yourself, and it holds your place in line for a year. Reality check first your sizing of the opportunity, competition, and margins. Marty Zwilling First published on Entrepreneur.com on 04/22/2016. Reveal “secret sauce” before filing intellectual property.

Startup 62
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Avoid New Venture Shortcuts That Scare Away Investors

Startup Professionals Musings

Having a patent, trademarks, or other “barriers to entry” are always a critical advantage in attracting funding, since investors need to see real commitment to beating competitors. Being first to market is not a strong competitive argument for startups, since larger existing players can easily overrun this position.

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A Five-Minute Tutorial On How To Value Your Startup

Startup Professionals Musings

Patents filed, even provisional, as well as trademarks, copyrights and trade secrets count as barriers to entry and sustainable competitive advantages. Marty Zwilling First published on Entrepreneur.com on 03/09/2016. Connections to industry experts and channels are another positive to highlight.

Startup 71