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The Good, The Bad, And The Ugly Of Software Patents

Startup Professionals Musings

I always advise software startups to file patents to protect their “secret sauce” from competitors, and to increase their valuation. The good news is that a patent can scare off or at least delay competitors, and as a “rule of thumb” patents can add up to $1M to your startup valuation for investors or M&A exits (merger and acquisition).

Patents 100
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Hire for your core. Partner for the rest.

Berkonomics

By definition, your core is your intellectual property foundation, the thing that makes your business most valuable to customers, investors and perhaps someday to potential buyers of the business. Patents, branding, marketing and more. What is your core competency? There is much to reinforce in such behavior.

Patents 120
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Software Patents Have Become a Startup Nightmare

Startup Professionals Musings

I always advise software startups to file patents to protect their “secret sauce” from competitors, and to increase their valuation. This patent holding company has charged infringement and demanded royalties from every app developer for the iPhone and Android, for a feature most agree has been in apps for many years.

Patents 93
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Hire for your core. Partner for the rest.

Berkonomics

By definition, your core is your intellectual property foundation, the thing that makes your business most valuable to customers, investors and perhaps someday to potential buyers. Or we do so with brilliant research and development, highly trained sales forces, large advertising campaigns, or secret processes.

Patents 159
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Every New Venture Needs A Product And A Business Plan

Startup Professionals Musings

Development schedule and checkpoints. A product plan must include the timeline and milestones involved in product research and development. This section of the plan would include the definition of specific test processes, how results will be measured, and who has responsibility for execution and approval.

Product 112
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Reduce five risks: Increase your valuation

Berkonomics

If there are high barriers to entry with such protections as patents, long development time already spent or contracts with the major potential customers, then the risk of a competitor with more resources jumping into the frothy pool and taking advantage of the demand created by the company is minimized. And fifth: Competitive risk. .

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You Need A Strategic Process For Long-Term Survival

Startup Professionals Musings

In fact, in this new world of pervasive interactivity, it’s time to rethink even how to develop a strategy. The real challenge is to recognize when and why a new strategy is needed, and optimize the process against three critical success factors: A good understanding of the context of strategy definition.