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If you’re a startup and you don’t have a close relationship with a few law firms you’re really missing one of the most important relationships that any entrepreneur can have. Many people start companies arse backwards. I write about some of the lessons in my post on Startup Mistakes.
I find it amusing when a journalist writes an article about a prominent startup (either privately held or preparing for an IPO) and decries that, “They’re not even profitable!” Exec Summary: Most companies (98+%) in the world (even tech startups) should be very profit focused. What makes up revenue?
Intellectual Property (IP) is an ugly thing at a startup. However, to a Big Dumb Company (BDC), a startup’sIP 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. Three years is a lifetime at a startup.
Like Steve Jobs, Michael Dell and Larry Ellison, he is one of the few startup Founders who remained at the helm of their respective companies throughout their entire maturation process. Great Startup Ideas Come From Everywhere. "At One Of The Most Important Startup Skills. "The " [Tweet this quote].
One of the readers asked my opinion around sharing your startup concept: My first question has always been - how do you protect your idea while shopping around for feedback, partners, developers, etc.? Especially if the idea could be whipped-up by a few 24-year olds in a few weeks? Lots of thoughts here.
What could you learn from looking at your competitors or other tech startups in a different way? Or you think their startup is a passing fad and yours is the real deal? I was at a dinner about a year ago with a few VCs and startup founders. The topic of FourSquare came up. I hear views like this all the time.
One of the readers asked my opinion around sharing your startup concept: My first question has always been - how do you protect your idea while shopping around for feedback, partners, developers, etc.? Especially if the idea could be whipped-up by a few 24-year olds in a few weeks? Lots of thoughts here.
Fantastic post by Christian Gammill - Startup Delta Force… From a competitive perspective (e.g. Now, given our current economic crisis and VC ‘challenges’, the barriers to funding have gone up significantly as well. How’s that for duality.
As I’ve written about recently, at Upfront Ventures we started talking a couple of years ago about wanting to fund stuff with more meaning. We hired IP specialists to review prior art. We grilled their IP attorneys. The more we dug the more confident we became (and so did every advisor we used). Were they ambitious?
Los Angeles-based Jukin Media (www.jukinmedia.com) thinks it has figured that out, and instead of trying to create viral videos, has been buying up the rights to those videos--before they really go viral--to create not just a one-hit, viral video wonder, but a sustainable business. Lee Essner: That''s one of the competitive edges we have.
If you're FreedomPop , the Encino-based startup, you start by offering up free 4G wireless data access, and then expand to offer free, voice-over-IP services, along with home-based wireless Internet services. Currently, users pay up front for data packages, and there are inefficiencies in that market.
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.
I’m inspired by the enthusiasm of the young, emerging startup ecosystem that is here. As I gear up to give a keynote at the annual Seattle 2.0 awards dinner on Thursday night I started reflected on what it would take to “change the trajectory&# for Seattle or for any regional market, really.
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.
Startups Made Simple. www.pitchtheangels.com) Join Tech Coast Angels members and other startup investors at the 5th Annual Los Angeles Fast Pitch Competition. Fast Pitch Los Angeles is one of the best startup networking events of the year. SoCal IP Law Group LLP - IP Counselors For Technology Companies.
I have started thinking about what the future might look like and I’ve started imagining what I call, “MMOV” or massive multiplayer online video. Maker’s talent started commenting on it and sharing it. In fact, that’s how Maker Studios got started in the first place. Why would it?
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.
It seems that every week, a new, Voice-over-IP provider firm surfaces in the market, either providing PBX services, voicemail, or other similar services. What is your VoIP service all about, and how is this different from what seems to be lots of Voice over IP service providers? Cliff Rees: We're a software as a solutions company.
I know that you can use an email system with this to track my open rate, whether I forwarded the email, the IP address where I read it, whether I was on a mobile device or a wired computer and you can tell who else read the document. I would likely open up your deck, read it again and begin contemplating your company again.
At our mid-year offsite our partnership at Upfront Ventures was discussing what the future of venture capital and the startup ecosystem looked like. When you look at how much median valuations were driven up in the past 5 years alone it’s bananas. Please follow him & welcome him to Upfront!! <== And reset they must.
Most startups I know that work in the Apple iOS ecosystem complain because Apple takes a 30% slice of their revenue and yet I often point out that 30% has for years been a common revenue share for one who provides “distribution.” It’s a made-up term and not even a good one at that. ” YouTube takes 45%.
All too many startups are founded simply on the basis of a new and exciting technology invented by an industrious technologist. The right approach is to start by solving a problem causing real pain to a large number of customers willing to pay real money for a solution. Intellectual property (IP).
All too many startups are founded simply on the basis of a new and exciting technology invented by an industrious technologist. The right approach is to start by solving a problem causing real pain to a large number of customers willing to pay real money for a solution. Intellectual property (IP).
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. VPN Startup tool: VPN Price: Free Hide.me While Hide.me
For our Friday interview, we thought we'd catch up with Los Angeles-based MarketShare , the Elevation Partners-backed software provider, to hear where the firm is nowadays. Wes Nichols: I used to run a digital agency before starting this company. We spoke with Wes Nichols , the firm's co-founder and CEO.
Earlier this month, Los Angeles-based Catalog (www.catalog.cc), a startup developing artificial intelligence software to help independent visual artists scale their content production efforts, announced it raised $1.5M What were some of the things you thought about before deciding to set up your headquarters in LA?
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.
TechZulu caught up with Adam Fridman , founder MeetAdvisors and this is what he said. Adam Fridman, MSF from DePaul, 4 years investment banking and 10 years in business development consulting and startups. They should come to him, and that’s how MeetAdvisors started.”. Which startups or entrepreneurs have signed up?
What goes into the thought processes of companies when they're acquiring startups and other firms? Ixia is long past the startup phase, having over the years grown to become a major force in the network testing equipment, and as a publicly traded firm has been in acquisition mode recently. Vic Alston: We have got to to do both.
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.
Continuous innovation is required to survive in all businesses, beginning with a startup, and increasing in importance as your business matures. In a startup, that needs to be the founder or CEO, and that person has to be regularly and personally involved. Sustainable innovation is really the only sustainable competitive advantage.
Continuous innovation is required to survive in all businesses, beginning with your startup, and increasing in importance as your business matures. In a startup, that needs to be the founder or CEO, and that person has to be regularly and personally involved. Sustainable innovation is really the only sustainable competitive advantage.
San Diego-based uCast Global (www.ucastglobal.com), backed by Gary Winnick, is looking to tackle that entire area of content distribution, and is led by startup veteran Dr. Kanaan Jemili. We caught up with Kanaan to learn more about uCast Global. Weve also developed technology that allows them to get a really easy start.
With new Startups popping up almost daily and the vast amount of Co-Working Spaces becoming ever so increasingly available, the foundation to sustain all the free-flowing wealth of data needs to improve. In addition to size, Internap thought ahead and loaded up on the power.
I often write about the best strategies for startup fundraising or how to manage startup financing and optimize for growth. Equally important, is an area many startup founders don’t always prioritize: choosing the right service providers and understanding the value they can bring, especially to early-stage startups.
I’ve had many startup founders tell me that their startup literally has no competition,” said Frank Gruber, Cofounder of Tech.Co, Startup of the Year , and Established. “In What startup teams don’t realize is that having competition is good. In most cases, that’s not true. Prepare for Q&A.
Let's start, and why don't you tell us what you are looking for in a pitch? If you're an industry insider--for example, maybe you worked at Microsoft in its mobile division for eight years, before your mobile startup--the extent you can get that out in a meeting to establish credibility, makes the rest of your ideas more credible.
As a small business advisor, I always recommend that being “self-sustaining” requires taking frequent and aggressive measures to step out ahead of the pack, including yourself, before you start feeling the pain of change and new competitors around you. Competitors tend to focus on price and other variations to existing offerings.
Continuous innovation is required to survive in business, beginning with your startup, and increasing in importance as your business matures. In a startup, that needs to be the founder or CEO, and that person has to be regularly and personally involved. Sustainable innovation is really the only sustainable competitive advantage.
However, there is still room for competition. It’s not yet an ecosystem driver in B2B, although the longer it takes for other business supply companies to catch up, the harder it will be to beat Amazon. Dominating business-to-consumer sales, Amazon seems ready to take over the world of business-to-business too.
As that world opens up to standards, it will be easier to do that integration, so that if you have a game environment, you can grab our stuff, and have it become part of the environment. There's been an unusually complex amount of engineering, compared to a web media startup, but that's a good thing.
In 2015, Cybersecurity startups saw 332 funding deals with investments hitting the highest ever at $3.8 As is typically the case in any industry, but even more so in security, larger companies with established customers and products typically innovate more slowly than startups that are not encumbered by a legacy business.
I started the series talking about what I consider the most important attribute of an entrepreneur : Tenacity. Competitiveness - One attribute that I believe most VCs look for in entrepreneurs is competitiveness. If you stumble on to a really good idea believe me it will get competitive really quickly. I know I do.
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