6 Keys To Convince Investors Of Your Competitive Edge

Startup Professionals Musings

Most entrepreneurs are quick to assert to potential investors that their product or solution will kill the competition, but unfortunately your opinion alone is not enough to convince most experienced investors. Competitive businesses have great teams, as well as great products.

KFx Sues Arthrex For Patent Infringement, Again

socalTECH

KFx Medical said its new patent infringement lawsuit comes as a direct response to another, lawsuit, filed by Arthrex earlier this year against KFx Medical, alleging misappropriation of trade secrets, unfair competition, breach of contract and conspiracy. The long and complicated trail of lawsuits recently ccame after a federal appeals court confirmed a verdict awarding KFx Medical $35M in damages from Arthrex over patent infringement.

Investor Secrets For Smart Competitive Positioning

Startup Professionals Musings

Competition for your new hydrogen fuel auto engine is not limited to other hydrogen auto engine offerings, or even other autos. Here are some of the key ones: Patent protection in place as a barrier to entry. competitive advantage entrepreneur investor startup

Investors Look for These Six Competitive Elements

Startup Professionals Musings

One of the toughest and yet most important questions you will be asked by savvy potential startup investors is “What is your sustainable competitive advantage?” Competitive” should be taken broadly to include alternative ways that people might solve the problem you are addressing.

7 Reasons To Think Positively About Competition

Startup Professionals Musings

As an investor, I always listen carefully to what an entrepreneur says, and does not say, about competition. Here are seven key ways to do this: Frame the competition as manageable. Investors want to see evidence of your sustainable competitive advantage.

6 Key Drivers To a Long-Term Competitive Advantage

Startup Professionals Musings

One of the toughest and yet most important questions you will be asked by savvy potential startup investors is “What is your sustainable competitive advantage?” Competitive” should be taken broadly to include alternative ways that people might solve the problem you are addressing.

5 Ways To Give Now For A Future Competitive Advantage

Startup Professionals Musings

The new paradigm, driven by disruptive technologies, cloud-served supercomputing, and the new generation of young adults with global empathy, is partnering and giving something now for a competitive advantage in the future.

Real Sustainable Competitive Advantages are Rare

Startup Professionals Musings

One of the most important questions you will be asked by potential investors is how your solutions beats the competition, not just today, but over the three to five year life of their investment. The concept is called “sustainable competitive advantage.” Our patent will protect us.”

Your Product Needs to be 10x Better than the Competition to Win. Here’s Why:

Both Sides of the Table

We talked about patents. I brought up the fact that I find many larger companies abusing the patent system to slow down smaller competitors which is actually anti competitive.

VIZIO In Patent Setback

socalTECH

According to Funai, President Obama has decided not to overrule an ITC order which found that VIZIO violated Funai patents. In a response, VIZIO claimed that the patents covered "obsolete" VIZIO television products, which are "no longer shipping and no longer in production." VIZIO said the products in the patent lawsuit are "no longer in mass production" and that the move would "not impact" the firm's ability to conduct business.

Six Tips to a Sustainable Competitive Advantage

Startup Professionals Musings

One of the toughest and yet most important questions you will be asked by savvy potential investors is “What is your sustainable competitive advantage?” Yet many entrepreneurs, maybe in their passion for their new product, gloss over this one, or even announce that they have no competition.

Qualcomm Fined $774M By Taiwan

socalTECH

In the order the Taiwan Fair Trade Commission cited information received from more than 20 domestic and foreign mobile phone manufacturers, saying Qualcomm used its dominant market position and ownership of patents involved in standards unfairly. qualcomm taiwan competition legal telecom telecommunications hardware patent fair trade lawsuitSan Diego-based Qualcomm is facing more overseas antitrust woes, and has just been fined $773.9M by Taiwan's Fair Trade Commission.

Hire for your core. Partner for the rest.

Berkonomics

Every business has an intellectual foundation where the CEO’s knowledge and vision create a barrier to entry that deflects some or much of the potential competition. Patents, branding, marketing and more. A trend for businesses large and small.

6 Startup Strategies That Turn Off Most Investors

Startup Professionals Musings

Don’t bash the competition. Every investor knows how vulnerable a new startup is to competitors, so investors always ask about your sustainable competitive advantage in the marketplace. competition investor startup strategy

What Entrepreneurs Should Never Say To Investors

Startup Professionals Musings

Don’t bash the competition. Every investor knows how vulnerable a new startup is to competitors, so investors always ask about your sustainable competitive advantage in the marketplace. bashing competition entrepreneur investor startup

Dollar Shave Club Countersues Gillette

socalTECH

Gillette claims Dollar Shave Club has infringed on one of its patents for self cleaning razors. Dollar Shave said "we are not intimidated" by the attempt to "thwart competition with litigation." dollar shave club gillette patent lawsuit court legal razor subscription serviceSanta Monica-based Dollar Shave Club has filed a lawsuit against razor giant Gillette , in the U.S.

Every Startup Needs Intellectual Property To Thrive

Startup Professionals Musings

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. Patents. intellectual property IP patent portfolio

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Bumble Countersues Tinder's Parent Firm, Match Group

socalTECH

Female-first dating app developer Bumble has countersued Match Group , the parent company of Los Angeles-based dating app developer Tinder , alleging theft of trade secrets, fraud, unfair competition, and more, and seeking $400M in damages. The move comes in response to a patent infringement lawsuit filed by Tinder earlier this month , which apparently followed the rejection of a takeover offer from Match Group for Bumble.

Bio Roundup: Leiden’s Exit, Depression Data, a New Pricing Bill & More

Xconomy

He steered Vertex through a crisis when its hepatitis C business was squashed by competition. What will the legacy be of Jeff Leiden, the longtime CEO of Vertex Pharmaceuticals? Vertex surprised Wall Street this week by announcing Leiden’s seven-year run will end next spring. In some ways, his legacy is already written. Under Leiden’s watch, Vertex has become the leader in cystic fibrosis medicines and climbed industry ranks.

Bio Roundup: Eli Lilly Tries Tau, Generic Insulin, NASH Cash & More

Xconomy

The patent holder, the University of Toronto, gave companies the right to manufacture insulin. But the university also allowed them to patent the improvements they made, which enabled them to slap higher prices on each new version. to offer competitive pricing pressure. Pharmaceutical industry critics lament the cost of rare disease drugs, but some of the steepest price hikes have come on widely used insulin.

Boy! If I had only learned this before spending a million!

Berkonomics

Know your market and competition, or don’t spend a dime on anything else. There was even talk of some phone companies using the patented system for serving communities of guests, not just from a single hotel. In this case, the competition was not from a company but a new technology.

Masimo Settles Lawsuit

socalTECH

Masimo had sued Hygia in April of 2009 over Hygia's reprocessing of its sensors, and also had later claimed patent and trademark infringement, unfair competition, false designation of origin, and injury to business reputation in its suit. Tags: masimo medical device pulse oximetry hygia legal lawsuit patent

Your New Venture IP Portfolio Sets Investment Value

Startup Professionals Musings

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. Patents.

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Intellectual Property – Worthless To A Startup, Priceless To A Big Dumb Company

InfoChachkie

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. No Patents, No Interest.

Emulex Sues Broadcom

socalTECH

Emulex said the suit alleges that Broadcom has acted in an anticompetitive manner in violation of federal antitrust laws, as well as made defamatory statements and engaged in acts of unfair competition in violation of seven separate statutes. The lawsuit follows an earlier, patent lawsuit filed against Broadcom in September, plus an often contentious, failed takeover of Emulex by Broadcom. Tags: emulex broadcom legal lawsuit patent hardawre

Hire for your core. Partner for the rest.

Berkonomics

Every business has an intellectual foundation where the CEO’s knowledge and vision create a barrier to entry that deflects some or much of the potential competition.

Six Reasons To Rethink Your Online Dating Site

Startup Professionals Musings

Here are six key reasons, from a business perspective: Direct competition is huge. It’s hard to invent and patent more “scientific” methods on how to match people. online dating competition entrepreneur business plan failures

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Ten Ways to Differentiate Your Customer Service

Startup Professionals Musings

A while back, I wrote about the importance of a “ sustainable competitive advantage ,” and outlined the business plan value and limitations of patents and competitor feature comparisons. Tags: sustainable competitive advantage startup customer service differentiate

Can you overcome five risks and create wealth?

Berkonomics

And fifth: Competitive risk. . Of course, we are speaking of increased valuation of your company when we speak of “wealth.” Especially if you are in the early stage of growing a business, these five risks can and often do derail entrepreneurs before realizing the riches of a great exit.

Should I license my IP, sell a royalty stream, or just produce products?

Berkonomics

They will be more willing to pay a royalty fee if your product gets them to market earlier or is protected by patent to create a barrier to their competition. This week we contacted royalty licensing expert, the well-respected Arthur Lipper, asking the magic question.

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Should I license my IP, sell a royalty stream, or just produce products?

Berkonomics

They will be more willing to pay a royalty fee if your product gets them to market earlier or is protected by patent to create a barrier to their competition. This week we contacted royalty licensing expert, the well-respected Arthur Lipper, asking the magic question.

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8 Intellectual Property Items Every Startup Needs

Startup Professionals Musings

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. Patents. Patent attorney fees start at around $5K.

Avoid Competitor Bashing In Your Pitch To Investors

Startup Professionals Musings

Don’t bash the competition. Every investor knows how vulnerable a new startup is to competitors, so investors always ask about your sustainable competitive advantage in the marketplace.

What I learned from losing a million…Market knowledge comes FIRST.

Berkonomics

Know your market and competition, or don’t spend a dime on anything else. I have stated previously that I love absolutes – statements with no wiggle room for gray-area responses. There is no competition.”

How To Talk About Competitors And Gain Credibility

Startup Professionals Musings

As an investor, I always listen carefully to what an entrepreneur says, and does not say, about competition. Here are seven key ways to do this: Frame the competition as manageable.