Remove legal-eagles
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Intellectual Property – Worthless To A Startup, Priceless To A Big Dumb Company

InfoChachkie

In addition, a BDC may have developed derivative IP that on a standalone basis infringes on the startup’s IP. You can describe your technology as “patent pending”, which may or may not be worthwhile, depending on your product and target customers. Legal Caveat: I am NOT a lawyer. Know Thou Prior Art. Mind Thine Eye of The BDC.

IP 256
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Contract Traps Entrepreneurs Should Avoid At All Costs - Sweet Sixteen Kisses of Death

InfoChachkie

If you allow your prospective partner or customer to milk the cow for free , they will resist paying for it. If you enter into a development or trial partnership for free, you are allowing the BDC to forestall its ultimate determination of the value of the partnership. Do Not Deploy a Free Pilot.