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In our Insights and Opinions section of the site, we feature editorials, informational articles, and other content that is relevant to the high tech community in Southern California. Congress recently passed some major changes to federal patent law. No industry will be untouched by patent reform. Here's what you need to know.
free weekly Infochachkie articles! 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. Not All Patent Types Are Created Equal.
Irvine-based Autobytel and Santa Monica-based Edmunds.com said late Monday that the two have entered into a settlement over a patent lawsuit filed by Edmunds against Autobytel. Tags: edmunds content auto patent autobytel lawsuit settlement. The two firms said that Autobytel has granted Edmunds a limited license to Autobytel's U.S.
A version of this article previously appeared in The Wall Street Journal. An invalidated patent or one deemed to infringe the rights of another party can devastate a startup. Defensible Claims - Some companies take pride in the number of patents they own. Do not rely on the IP lawyer to coax such vital information from you.
I always advise software startups to file patents to protect their “secret sauce” from competitors, and to increase their valuation. The good news is that a patent can scare off or at least delay competitors, and as a “rule of thumb” patents can add up to $1M to your startup valuation for investors or M&A exits (merger and acquisition).
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.
I always advise software startups to file patents to protect their “secret sauce” from competitors, and to increase their valuation. The bad news is that patent trolls can squeeze the lifeblood out of innocent and unsuspecting entrepreneurs, as exemplified by the current mess around Lodsys patent No.
Apple rested their defense today in their final attempt to stave off a patent lawsuit with far-reaching implications for all smartphone makers. Based on the report’s conclusions, Apple requested that the US Patent and Trademark Office (USPTO) re-examine Ditzik’s patent.
A version of this article previously appeared on Forbes. Yet, that’s exactly who the Atlantic called out in an article last week (along with Apple), and they’re right. If you haven''t already subscribed yet, subscribe now for free weekly JohnGreathouse.com articles! Quick - name a phone company. Yep, Facebook is a phone company.
All corporate governance documents, from incorporation articles to minutes of all meetings of the board are maintained in the deal room. Up-to-date insurance policies, leases, financial documents and schedules such as fixed assets are copied here.
” In the article is cites: Page estimates that only about 50 investors are chasing the real breakthrough technologies that have the potential to make a material difference to the lives of most people on earth. We checked patents. 99% of the articles about the company were positive. What about competing patents.
free weekly Infochachkie articles! Unless your venture is focused on researching potential scientific breakthroughs, it is likely that your technology can be easily copied and your patents circumvented. I explore this peculiar entrepreneurial career path in further detail in THIS entry. Great Startup Ideas Come From Everywhere. "At
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. Every business is global, but patent rules differ around the world.
All corporate governance documents, from incorporation articles to minutes of all meetings of the board are maintained in the deal room. Up-to-date insurance policies, leases, financial documents and schedules such as fixed assets are copied here.
According to an old Harvard Business Review article, many people in history, famous for their inventions, like Thomas Edison, were entrepreneurs who only later were remembered as inventors of the products they commercialized. A long-term advantage usually also requires intellectual property, such as a patent, trade secret, or trademark.
Article first published as Five Business Tips From The Beatles on Technorati. free weekly Infochachkie articles! Some of the examples are patently obvious (e.g., (i) This part one of a two part series; you can access part two HERE. Note: This is an installment in the Iconic Advice series. Beatles Business Lessons.
The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. Be a visible and available expert in your domain.
" A Techdirt article argues that if you look at the true history of major breakthroughs, you might conclude that the invention was the easy part – the hard part was the business side. File a provisional patent as a place holder, a full patent, trademark, copyright, or all of the above. What is your barrier to entry?
" A Techdirt article argues that if you look at the true history of major breakthroughs, you might conclude that the invention was the easy part – the hard part was the business side. File a provisional patent as a place holder, a full patent, trademark, copyright, or all of the above. What is your barrier to entry?
With Naqzi on board, the company began filing patents for its unique process and the products it’s bringing to market, says Paiji. “E verything is proprietary everything is backed by patents,” she says.
We''re also using web articles and other data sources, and cross referencing those with location information. What we have done for the user, is used a patent pending algorithm to sift through north of a million data points a day, and thousands of conversations per second, to help organize and cluster highlights.
A version of this article previously appeared in Forbes. If you haven't already subscribed yet, subscribe now for free weekly JohnGreathouse.com articles! Ask: How many patents were filed by students and faculty during each of the past five years? 5 Criteria To Assess An Undergraduate Entrepreneurial Program.
You will find it highlighted, for example, in most articles about Jeff Bezos and Elon Musk even today. It clearly takes focus to create and file a patent, but it will give you a tremendous advantage over “me too” competitors. This culture is best maintained by every business leader at every stage of company maturity.
Online dating fraud rose by 150% percent in the last couple of years as scammers and hucksters turned up the false charm and predatory trolling, according to a recent article from the FTC. It’s hard to invent and patent more “scientific” methods on how to match people. Online dating fraud is on the rise. The honeymoon is over.
I outlined what investors expect to see in an old article “ Adding Slides Does Not Enhance Your Investor Pitch. Investors don’t need to know the implementation details of your patent or customer support plan. Remember you are pitching to investors, not customers. Check the setup and set the stage. Don’t forget to ask for the order.
According to a Harvard Business Review article, many people in history, famous for their inventions, such as Thomas Edison, were entrepreneurs who only later were remembered as inventors of the products they commercialized. A long-term advantage usually also requires intellectual property, such as a patent, trade secret or trademark.
free weekly Infochachkie articles! Don’t Overemphasize Patents. If you haven’t already subscribed yet, subscribe now for. The Magicians Tells Their Secrets. Brad and Jason have been exposing venture capitalists’ secrets since 2005, when they began writing a blog series on Term Sheets at AskTheVC. Don’t Email Carpet Bomb VCs.
Include here articles of incorporation, bylaws, shareholder minutes, board minutes, state filings, stock ledger, copies of stock certificates, options and warrants, and copies of all securities law filings. Keep good backups of all computer files. Corporate records. Intellectual property records. This is an especially important category.
Include here articles of incorporation, bylaws, shareholder minutes, board minutes, state filings, stock ledger, copies of stock certificates, options and warrants, and copies of all securities law filings. Keep good backups of all computer files. Corporate records. Intellectual property records. This is an especially important category.
Include here articles of incorporation, bylaws, shareholder minutes, board minutes, state filings, stock ledger, copies of stock certificates, options and warrants, and copies of all securities law filings. Keep good backups of all computer files. Corporate records. Intellectual property records. This is an especially important category.
Even a trusted manufacturer generally employs numerous subcontractors and this can easily lead to unauthorized copying as well as loss of intellectual property rights, despite patent protection. However, the financial benefit may exceed the risk of losing partial patent protection.
List key competitors and alternatives, highlighting your sustainable competitive advantages, such as patents and trademarks. There are many good books and Internet articles describing each of these sections, so I won’t cover the details here. Provide details on the business model.
A version of this article previously appeared in Forbes. If you haven't already subscribed yet, subscribe now for free weekly JohnGreathouse.com articles! In 1945, Hedy and Antheil codified their invention by filing a patent claim. Sometimes being clueless makes you fearless. In 1937, Ms.
I’ve talked about the solution part several times, so this article will focus on the value of a strategy. Patent protection is no guarantee, but it does improve the chances of building businesses that have a sustainable competitive advantage. Scalability. Intellectual property (IP).
According to an old Harvard Business Review article, many people in history, famous for their inventions, like Thomas Edison, were entrepreneurs who only later were remembered as inventors of the products they commercialized. A long-term advantage usually also requires intellectual property, such as a patent, trade secret, or trademark.
The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. Be a visible and available expert in your domain.
I outlined what investors expect to see in an old article “ Adding Slides Does Not Enhance Your Investor Pitch. Investors don’t need to know the implementation details of your patent or customer support plan. Remember you are pitching to investors, not customers. Check the setup and set the stage. Don’t forget to ask for the order.
Even in an open space, you need intellectual property, like patents, to keep potential competitors from overrunning you. See my related article “ 10 Quotes That Tag You as a High Risk Entrepreneur ” for a good start in this category. Financial risk. Very few businesses can be started without money.
In previous articles, I have occasionally mentioned “red flags” which every potential investor unconsciously listens for. That’s probably the soft way of saying, we don’t have a patent or any “secret sauce” for a competitive advantage. Entrepreneurs who utter this line are kidding themselves. We have the first-mover advantage.”
I’ve talked about the solution part several times, so this article will focus on the value of a strategy. Patent protection is no guarantee, but it does improve the chances of building businesses that have a sustainable competitive advantage. Scalability. Intellectual property (IP).
List key competitors and alternatives, highlighting your sustainable competitive advantages, such as patents and trademarks. There are many good books and Internet articles describing each of these sections, so I won’t cover the details here. Provide details on the business model.
The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. Be a visible and available expert in your domain.
Even in an open space, you need intellectual property, like patents, to keep potential competitors from overrunning you. See my related article “ 10 Perspective Checks on Your Startup Aspirations ” for a good start in this category. Financial risk. Very few businesses can be started without money.
Just because a product has a patent, deep complexity and an obvious competitive advantage does not mean that it can fly by itself into the market. See my previous article on “ How Much Should You Pay for a Great Domain Name? had two occasions recently to review products which had clear market leadership. Twittering.
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