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Newegg Puts Muscle Behind Anti-Patent Troll Effort

socalTECH

Los Angeles-based online electronics e-commerce giant Newegg said it is donating proceeds from a sale of T-shirts, to help defend what it says is a patent troll victim. Newegg said that Gwyther has been sued by Global Archery Products, which claims the arrows he is reselling infringe on its patents.

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Christie Street Expands Into Patent Filing

socalTECH

Los Angeles-based Christie Street , the online crowdfunding site aimed at hardware projects which is based in Los Angeles, has expanded into patent filing, the company said today. The firm said it will offer up a simple, cost-effective way to file patents, in a deal with legal firm White & Williams LLP.

Patents 164
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10 Ways To Make Your Funding Pitch More Hard-Hitting

Startup Professionals Musings

The average length of a funding pitch to angel investors is ten minutes. Investors don’t need to know the implementation details of your patent or customer support plan. Even if you have booked an hour with a VC, you should plan to talk only for the first fifteen minutes. Don’t forget to ask for the order.

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SPINN Snag $20M For Coffee Device

socalTECH

A new, Los Angeles-based startup, SPINN, developing a fully automated, mobile- or voice-controlled coffee maker which grinds beans, heats water, and brews coffee for users, said on Monday that it has raised $20M in a funding round. The funding was led by Spark Capital, and also included Amazon's Alexa Fund, Bar 9 Ventures and others.

Patents 113
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6 Keys To Funding Based On Your Marketplace Advantage

Startup Professionals Musings

My perspective as an angel investor is that once you get past early adopters, most people won’t switch to a new approach unless they perceive a cost or time savings or speed advantage of at least 20 percent. Here are some of the key ones: Patent protection in place as a barrier to entry.

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10 Guidelines for Angel Funding Presentations

Startup Professionals Musings

The average length of a funding pitch to Angel investors is ten minutes. Investors don’t need to know the implementation details of your patent or customer support plan. entrepreneur startup funding angel investors presentation business' Or they get sidetracked by a technical glitch due to poor preparation.

Angel 102
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8 Funding Proposal Red Flags Every Startup Can Avoid

Startup Professionals Musings

After many years of working with angel investors seriously trying to find new ventures worthy of their hard-earned money, I find their frustration often exceeds that of entrepreneurs sincerely looking for financial help. Non-credible funding request or unreasonable valuation. Naïve expectations on funding terms and process.

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