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Five Startup Tips From Bill Gates

InfoChachkie

This frugality was evidenced by the fact that everyone at Microsoft, even Gates, flew coach until well into the late 1990s. Banana IP. "Intellectual As described in IP Is Worthless To A Startup , most startups over estimate the value of their intellectual property. "Intellectual property has the shelf life of a banana."

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Interview: Venture Capitalists On Pitching

socalTECH

Defensibility is also big--we're not interested in the me-too's without some unique IP. At GRP, we don't care about patents--they're nice to have, but not required--but we're looking for defensible IP in an area with an interesting, and big, idea. If you're one of the ten finalists, you get intense coaching.