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The Good, The Bad, And The Ugly Of Software Patents

Startup Professionals Musings

I always advise software startups to file patents to protect their “secret sauce” from competitors, and to increase their valuation. This patent holding company has charged infringement and demanded royalties from every app developer for the iPhone and Android, for a feature most agree has been in apps for many years.

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

InfoChachkie

Patents held by startups generally have a limited ability to reduce competition. The average time required to obtain a patent is 36-to-40 months, during which there is no guarantee your adVenture will ultimately receive patent protection. Even if you are granted a patent, the scope of your claims may be significantly denuded.

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Nevolution: Windows App Store Startup Closes $450K Angel Fundraising Round

Tech Zulu Event

Currently in closed beta testing, the company’s “Avenue&# client and online storefront offers consumers a quick and easy way to find, acquire and maintain Windows-based software on all types of PCs – from desktop computers to netbooks, tablets and other devices that lack traditional disk drives.

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Language Weaver's Mark Tapling On Growth, Exits

socalTECH

It's been awhile since we last caught up with Los Angeles-based Language Weaver (www.languageweaver.com), a venture-backed firm which develops language translation software, so we sat down the other day with Mark Tapling , the President and CEO of the firm, to hear more about where the company is nowadays--plus its strategy for growth and an exit.

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Roping in the Legal Eagles

InfoChachkie

Yet, despite his exceptional courtroom theatrics, you would be foolhardy to hire good old Johnnie to review your software cross-licensing agreement. Once you draft the straightforward text, sans the legal mumbo-jumbo, ask your lawyer to review the text to ensure your layman descriptions do not result in an unintended interpretation.

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Ten Tech Entrepreneurs Who Are Putting LA on the Map

SoCal Delicious

Adam Miller transformed his company into one of the world’s leading software-as-a-service companies, specifically in the HR world. Most recently, Rosenblatt cofounded Demand Media, launching in 2006 with $120 million in equity and the acquisition of eHow.com. It also won a number of key patents bit.ly/RiJCFI billion in shares.

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Frank Addantes FounderBlog: Startup 3.0: Internet advertising is good. No, it’s bad. Oh wait… it IS good!

Frank Addante

StrongMail Systems (Digital Messsaging Infrastructure Software) Status: VC-backed (Sequoia Capital, Globespan and Evercore) Lesson: Trust your gut. Wireless & Voice Application Software) Exit: technology acquired Lesson: Timing is critical. Internet Advertising ASP) Exit: $112M IPO and acquisition Lesson: Think big. Bootstrap 2.