Are you wasting money filing patents?

Berkonomics

But only recently did I read a clear document on the risks and rewards of patent strategy. Thanks to Russ Krajec, a patent attorney, for the quick improvement in my education, here are some important points to consider when thinking of your patent strategy.

Patent Reform Act

SoCal Tech Calendar

Thursday, December 8, 2011 -- Patent Reform Act. The world of patent law is constantly changing. Never more than this year with the enactment of the Leahy-Smith America Invents Act (AIA) of 2011 (formerly known as the Patent Reform Act of 2011). CommNexus. The changes that have been ushered in by the AIA will take effect over the 18 months following the enactment on September 16th, 2011. Some of the changes will be seen sooner and a few have already been applied.

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. Not All Patent Types Are Created Equal.

Can you overcome five risks and create wealth?

Berkonomics

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.

Could you be the next Ford, Jobs or Musk?

Berkonomics

And I’m sure they had no idea what they were fathering with that effort which eventually became ARPANET, and then of course, the Internet itself. Commissioner of Patents in 1899. Well, it’s a fair question.

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

Berkonomics

The phone could be used for receiving incoming calls when in the restaurant, on the golf course or anywhere. There was even talk of some phone companies using the patented system for serving communities of guests, not just from a single hotel.

What Do Boards Actually Do?

Both Sides of the Table

And of course we help with business development introductions and with fund raising events. There’s a lot of mystique about what happens at board meetings and a lot of imagined board-room drama.

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Why It’s OK to Show Your Anger

Both Sides of the Table

This was patently racist and an outrageous lie. Clinton, of course, has never called for a gun ban — just common sense controls) He has regularly encouraged violence on the campaign trail saying, “Guys like that would be carried out on a stretcher” and “I’d like to punch him in the face.”

The Case for Optimism and Risk at Startups

Both Sides of the Table

Of course the naysayers are out again. Of course backbencher has also become a slang term for “someone who exaggerates their actual power, influence, or importance, usually for nefarious purposes.” We checked patents. Of course. Of course not.

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Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

Both Sides of the Table

The patents Overture held became known in small circles as Google’s ’361 problem as outlined here. Of course that’s not disputable. To some extent – of course they are. An abbreviated version of this post appeared yesterday on TechCrunch.

Dealing With Generational Change at VC Firms

Both Sides of the Table

And Yves and I decided to share the Managing Partner responsibilities and to manage generational change over the course of two funds. He led our investment in 6sensor Labs , which has patented techniques for screening food for gluten and peanut allergens.

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

Berkonomics

The phone could be used for receiving incoming calls when in the restaurant, on the golf course or anywhere. There was even talk of some phone companies using the patented system for serving communities of guests, not just from a single hotel.

Why Raising Too Much Money Can Harm Your Startup

Both Sides of the Table

It is a truism that with more capital you will hire people more quickly and spend more liberally whether it’s on external contractors, PR firms, attending events, doing legal work (trademarks, patents) or whatever.

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

Both Sides of the Table

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? We are growing faster than at any time in the company’s history (which is a testament to sales, market, product, engineering and of course the founder & ceo!)

Interview with Jonathan Simkin, SwoopThat

socalTECH

As the school year kicks off for college students, one of the big tasks of the year is buying books for their courses. It seems like all that course information would be difficult to pull, how do you do that?

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10 Reasons To Start A Company In An Economic Downturn

InfoChachkie

If we had stayed on the sidelines, waiting for less market uncertainty, we would have lost the opportunity to file the landmark medical robotic patents that eventually motivated Intuitive Surgical to purchase Computer Motion for approximately $150 million.

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

Both Sides of the Table

And now, of course, UberSocial, Bill’s latest project. 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.

Music Prodigy Beats 70 Startups To Bring Music Education Technology to the Masses

Tech Zulu Event

Rock Prodigy is Music Prodigy’s pioneer product and is a revolutionary interactive music app powered by patent-pending polyphonic pitch-recognition technology that allows musicians of all skill levels to use any instrument and provide instant performance feedback to accelerate learning.

Frank Addantes FounderBlog: Inventing Stuff, Obviously Impossible?

Frank Addante

Stage two: They say the solution was obvious all along." -- Robert Fischell, Inventor (Holder of 200 medical device patents) It is easy to come up with ideas.

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Wasted time is money lost. (And another story of lost opportunity.)

Berkonomics

Dreaming of a company many times the size, he led the board to approve a complete reversal of course, even stating that the company should ignore the existing market niche completely and redesign the product for the broad Fortune 500 corporate market. Yes, there were other issues such as a protracted patent rights fight that drained cash, but the largest problem, inefficient use of R&D time burning fixed overhead, led to the demise of the company.

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Roping in the Legal Eagles

InfoChachkie

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. 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.

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Top 30 Startup Posts in June 2010

SoCal CTO

Just because a product has a patent, deep complexity and an obvious competitive advantage does not mean that it can fly by itself into the market. Of course, having no reputation is usually better than a bad one, but don’t wait for someone else to establish a good one for you. Some great content around the intersection of startups and being a Startup CTO in June this year.

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5 Startup Killers And How to Avoid Them

Tech Zulu Event

Protect your IP : Patents are the gold standard. Here are some rules of the road to keep you on course: Open a business banking account and don’t ever commingle the funds with your personal accounts. And of course you’ll have payroll tax and other obligations.

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Are NDAs Worth Much?

Tech Zulu Event

Protection — Of course the tangible value of NDAs, and the reason they’re so prevalent in the startup ecosystem is that as contracts, they set out clear obligations and concrete remedies for addressing breaches of confidentiality.

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REACH Connected Future | Cleantech Recap

Tech Zulu Event

And of course, we’d like to thank our amazing panels of speakers for pouring their knowledge into the mental chalices of our present and virtual attendees. UCLA itself has been prodigious in patent filing, and recently launched their own VC fund.

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How Trying To Assassinate Hitler Led To The Beatles’ Sgt. Pepper

InfoChachkie

I recently enjoyed John Covach’s History Of Rock Coursera course. The intellectual property rights associated with the German technology were nullified after the war, thereby allowing Mr. Mullin to add his own innovations without regard to international patent laws.

AirPush's Asher Delug: Bootstrapping Your Way To $100M

socalTECH

Asher Delug: We have had amazing growth coming from our smart wall product, our inter-app interstitial ad product, which patent pending. There are many other things I can''t yet talk about of course, but you will see lots of big news over the next couple of quarters.

How to cleverly integrate your own URI shortener

SoCal Delicious

Of course the sequence of steps is a generalization, so perhaps you’ll have to change it to fit your needs. Of course plain vanilla stuff like stripped www prefixes don’t need a log entry. Of course you need to modularize the request handler for this purpose.

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GumGum Makes Images Profitable for Publishers

Tech Zulu Event

He began programming courses at UCLA while in high school and went on to earn a B.S. They have built proprietary ad serving, video serving and image recognition technology, complete with patents, and invented in-image advertising. Think about how many images are on the web.

Exit Interview: Lita Nelsen on MIT Tech Transfer, Startups & Culture

Xconomy

X: I read an article from 1998 that you were quoted in—it sounded like Stanford’s Niels Reimers helped MIT reorganize its patenting and licensing office in 1986 to make it more like Stanford’s model. And I was very disappointed because, with the exception of one or two courses, the Sloan School was primarily oriented to Fortune 500 companies and to Wall Street—finance theory, that sort of thing.

Capturing Music, Life, and More With Vyclone, with David King Lassman

socalTECH

Of course, the world is so much smaller now, with great communications products, which means that it's very easy to stay in the loop. When we took the investment from Ashton, that of course gave us a fantastic bridge into the entertainment community.

Spotlight: LA Tech Winter | Recap, Videos, and Thank You!

Tech Zulu Event

Next was Mobile Web America ‘s ultra impressive display of their patent-pending web application that converts most websites into a mobile friendly format. Their presentation ended in a quick trivia round about science, a category which (of course), the techy audience chose.

Retro: My Favorite Blog Post on Raising VC

Both Sides of the Table

Dare I steer off the course from the tried-and-true PowerPoint ritual? Distributed version control model – first in the industry like ours and we are filing patents. On December 2nd, 2006 I wrote the blog post published later in this post when I was CEO of startup Koral about my experiences in pitching VCs. After my company was acquired by Salesforce.com I was asked to stop blogging and they took over my blog as an asset in the sale of the company. My blog was wiped out.

Interview with Jose daVeiga, KlickSports

socalTECH

The underpinning of the technology is much more complex than that, of course, and we've been building this for awhile. We filed for a patent in 2000, but in 2001, when we filed for the final patent, the market tanked.

Frank Addantes FounderBlog: Startup 3.0: Internet advertising is good. No, it’s bad. Oh wait… it IS good!

Frank Addante

Patent Lawsuit 6. “Patent Lawsuit&# We were on the IPO track and our #1 competitor (DoubleClick) filed a bogus patent-infringement lawsuit right before our IPO. raising capital, underwriters backing out, extreme criticism, patent lawsuit from our competitor, etc.)