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Intellectual Property (IP) is an ugly thing at a startup. However, to a Big Dumb Company (BDC), a startup’s IP is a thing of beauty. How can IP be worthless to a startup yet very worthwhile to a BDC? Because IP has intrinsic value, but only in the right hands. Yet, it does nothing to help you execute your business model.
I recently read a post over on VentureHacks titled, “ Top Ten Reasons Entrepreneurs Hate Lawyers &# written by Scott Walker (who blogs on legal issues for entrepreneurs ). Shame about not getting it in legal writing that you owned the original IP. I know that people have an allergy to lawyers out of fear of being screwed.
Mark noted that even if an entrepreneur does not become a master developer, by simply understanding the software development process, they will be a more effective startup leader. Bill’s advice reflects Microsoft’s hardnosed culture, which encourages internal competition and a ruthless pursuit of the truth. Banana IP. "Intellectual
You’ll learn about competitive products that exist or are being built. I also will point out that in the The 15 Mistakes of First Time Entrepreneurs : 9. Entrepreneur: Following is an email describing my idea. You’ll get suggestions for improvements. You’ll discover flaws and hopefully correct them.
A large portion of your competitive advantage and your potential value to investors is the size of your intellectual property portfolio. When someone says Intellectual Property (IP), most entrepreneurs think only of patents. In reality, patents are only one of at least eight items that should be in your IP portfolio.
You’ll learn about competitive products that exist or are being built. I also will point out that in the The 15 Mistakes of First Time Entrepreneurs : 9. Entrepreneur: Following is an email describing my idea. You’ll get suggestions for improvements. You’ll discover flaws and hopefully correct them.
Helping entrepreneurs succeed. An on-line community for entrepreneurs. www.pitchtheangels.com) Join Tech Coast Angels members and other start up investors at the 5th Annual Los Angeles Fast Pitch Competition. SoCal IP Law Group LLP - IP Counselors For Technology Companies. Redpoint Ventures (www.redpoint.com).
Is there a lot of competition for the rights to all of that content? Lee Essner: That''s one of the competitive edges we have. In some cases there is competition, and there are other people trying to acquire a video. Lee Essner: I was at Idealab as an entrepreneur in residence. Those licensing fees can be pretty amazing.
Most of the time the advice you are looking for is from a successful entrepreneurs who might be so busy to be reached. The starup offers online entrepreneurial networking opportunities by introducing professionals with expertise (Advisors) to those seeking business advice (Entrepreneurs). Which startups or entrepreneurs have signed up?
I’m an entrepreneur at heart so I’m always inspired when I hear stories about innovation. It’s why my investment philosophy is called, “ the entrepreneur thesis.&#. He listed all of the product releases that were up coming, the customers that were in the pipeline and where he saw his competition moving.
” I mention journalists here because they perpetuate the myth that focusing on profits is ALWAYS the right answer and then I hear many entrepreneurs (and certainly many “normals”) repeating the same mantra. I have had this discussion with many a first-time entrepreneur. If you don’t, somebody else WILL!”
A large portion of your competitive advantage and your potential value to investors is the size of your intellectual property portfolio. When someone says Intellectual Property (IP), most entrepreneurs think only of patents. In reality, patents are only one of at least eight items that should be in your IP portfolio.
A large portion of your competitive advantage and your potential value to investors is the size of your intellectual property portfolio. When someone says Intellectual Property (IP), most entrepreneurs think only of patents. In reality, patents are only one of at least eight items that should be in your IP portfolio.
You must take advantage of those special team talents and product capabilities that make your startup superior to your competition, and do things that your competition cannot duplicate in the short term. Intellectual property (IP). Tags: strategy entrepreneur startups business. To form a basis for making better decisions.
We caught up with Catalog's co-founder and CEO Patrick Ip , along with co-founder Jacobo Lumbreras , to learn more about the startup. Patrick Ip: My background is I spent the last three years at Google, working on advertiser retention for small and medium businesses. Patrick Ip: I was in San Francisco for the last five years at Google.
A large portion of your competitive advantage and your potential value to investors is the size of your intellectual property portfolio. When someone says Intellectual Property (IP), most entrepreneurs think only of patents. In reality, patents are only one of at least eight items that should be in your IP portfolio.
You must take advantage of those special team talents and product capabilities that make your startup superior to your competition, and do things that your competition cannot duplicate in the short term. Intellectual property (IP). Form a basis for making better decisions. No strategy leads to no decisions or poor decisions.
Longer-term, enhanced product value begets superior company valuation through your organization’s intellectual property (IP) portfolio. Sustainable innovation is really the only sustainable competitive advantage. Yet survival in today’s world of rapid business change requires that you keep one step ahead of your competition.
A large portion of your competitive advantage and your potential value to investors is the size of your intellectual property portfolio. When someone says Intellectual Property (IP), most entrepreneurs think only of patents. In reality, patents are only one of at least eight items that should be in your IP portfolio.
Longer-term, enhanced product value begets superior company valuation through your organization’s intellectual property (IP) portfolio. Sustainable innovation is really the only sustainable competitive advantage. Yet survival in today’s world of rapid business change requires that you keep one step ahead of your competition.
For example, Facebook added WhatsApp as a cross-platform messaging and Voice over IP (VoIP) service to enhance the self-sustaining growth their social media platform before any downturn. Rather than rely only on linear thinking, the best entrepreneurs are always looking to offer in parallel a more dramatic new alternative.
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. What we are looking for, first and foremost, is the right entrepreneur. We often hear from entrepreneurs who say--I'll hire a great team, as soon as I get funded.
Launching and growing a startup is one of the biggest missions an entrepreneur can undertake. But while competition remains fierce, the advancement and accessibility of smart solutions are making it easy than ever for startups to find their feet. Read our guide to the best VoIP desk phones to check out its competition.
Longer-term, enhanced product value begets superior company valuation through your organization’s intellectual property (IP) portfolio. Sustainable innovation is really the only sustainable competitive advantage. Yet survival in today’s world of rapid business change requires that you keep one step ahead of your competition.
This is part of my series on what makes an entrepreneur successful. I originally posted it on VentureHacks , one of my favorite websites for entrepreneurs. I started the series talking about what I consider the most important attribute of an entrepreneur : Tenacity. Entrepreneurs play to win and they take losing seriously.
He saw that the industry was being disrupted globally, and actually started with the idea of building a new company that could be scalable, and flexible, and offer delivery of that content at competitive pricing. For the first three years, it was all about research and development, building IP and patents and so forth.
The startup ecosystem is not just made up of entrepreneurs and investors; it also includes lawyers, bankers, HR and payroll providers as well as financial services providers. Here are three of the most common: When you’re incorporating — Business structure is an important decision with financial, investment, and tax implications.
This series describes how entrepreneurs can craft company-changing agreements with BDCs, while avoiding Kiss of Death contract provisions. In Part II of this series, I suggest that entrepreneurs seek agreements in which “what is good for the goose is good for the gander.” Get The Cheese With Your Neck Intact.
A reminder that it is important for all entrepreneurs is to remember to be careful about “deal drift.” Don’t over shop – If the deal you’re involved with involves raising venture capital or selling your company you naturally want some competition. Don’t be complacent – What really winds me up is when entrepreneurs are complacent.
As an entrepreneur and startup investor, I have helped create companies which achieved two IPOs which collectively raised over $100 million, as well as two acquisitions which totaled $385 million. Even benevolent BDCs lose interest in your solution once this competitive risk is eliminated. “Learn from the mistakes of others.
I “second the message” that chaos never subsides, from a couple of successful entrepreneurs, Clate Mask and Scott Martineau, in their book “ Conquer the Chaos.” Don’t count on your IP to save you. Technology keeps improving at a rapid rate, so you fall behind in technology, driving costs up, and you become non-competitive.
For entrepreneurs who want to learn about how to work with investment banks, how to position yourself to be acquired and what the IPO markets look like this is the episode to watch. They have relationships that are hard for entrepreneurs to build. They can also help raise larger rounds of capital and often at higher prices.
I second the message that chaos never subsides, from a couple of successful entrepreneurs, Clate Mask and Scott Martineau, in their book “ Conquer the Chaos.” Don’t count on your IP to save you. Technology keeps improving at a rapid rate, so you fall behind in technology, driving costs up, and you become non-competitive.
In a world where the economy only heads in one direction (read: 2009-2014) most investors & entrepreneurs forget to pay attention to gross burn. So money spent should add equity value or create IP that eventually will. Think DropBox, Airbnb, Uber, Maker Studios.
It is surprising how often entrepreneurs forget this simple fact. Most corporate attorneys can give you general guidance with respect to securing your Intellectual Property (IP) rights, especially with respect to trademarks, copyrights and other non-patent-related items. Save money on your office furniture, not on your IP lawyer.
I “second the message” that chaos never subsides, from a couple of successful entrepreneurs, Clate Mask and Scott Martineau, in their book “ Conquer the Chaos.” Don’t count on your IP to save you. Technology keeps improving at a rapid rate, so you fall behind in technology, driving costs up, and you become non-competitive.
I second the message from a couple of successful entrepreneurs, Clate Mask and Scott Martineau, in their book “ Conquer the Chaos ” that chaos never subsides. Don’t count on your IP to save you. Technology keeps improving at a rapid rate, so you fall behind in technology, driving costs up, and you become non-competitive.
In my ongoing quest to get you good transcripts of the wonderful interviews we’ve done in the past, I present you with one amazing interview here with Tom McInerney – a friend, co-investor, former entrepreneur turned angel investor and “wizard of Oz&# behind the scenes at the uber hot startup Klout. 0:28:00) & (0:31:27).
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