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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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5 Startup Killers And How to Avoid Them

Tech Zulu Event

It probably sounds obvious, but plenty of startup founders have been surprised to learn that “their” IP was owned by the software developer who just jumped ship, an academic institution one of the cofounders graduated from, or the company one of the founders worked at before she came onboard. Protect your IP : Patents are the gold standard.

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Roping in the Legal Eagles

InfoChachkie

Yet, despite his exceptional courtroom theatrics, you would be foolhardy to hire good old Johnnie to review your software cross-licensing agreement. If taking part-time evening courses is not possible, seek out an online curriculum. Bill Review – Believe it or not, lawyers and their staff are human (insert “gasp” here).

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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.

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