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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."

Tips 275
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Interview: Venture Capitalists On Pitching

socalTECH

One thing I like to look for is some barrier to entry, whether that is technology, or partners, or great entrepreneurs who understand the space. Defensibility is also big--we're not interested in the me-too's without some unique IP. If you're one of the ten finalists, you get intense coaching.