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

InfoChachkie

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.

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Are NDAs Worth Much?

Tech Zulu Event

Signaling — An NDA puts other parties on notice that your IP is valuable, not lightly shared, and that you intend to defend it and your business. That means when you have confidential information such as trade secrets, a special production process or formula, copyrights, trademarks, or patents to protect. The post Are NDAs Worth Much?

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Roping in the Legal Eagles

InfoChachkie

It is surprising how often entrepreneurs forget this simple fact. If taking part-time evening courses is not possible, seek out an online curriculum. Just as you would not ask your family physician to perform a coronary bypass, do not ask your corporate lawyer to help you write your patent application. Money Is Time.

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How Great, Operationally-Focused CFO’s Can Transform Your Business

Both Sides of the Table

It’s the nature of most entrepreneurs, honestly. Another thing entrepreneurs f**k up? A great CFO will make sure you’re accurately measuring your CAC (along with a great marketer, of course) and your LTV. Who is leading your patent filing program? Legal threats from other IP holders? HR & Legal.