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Often this situation is characterized as a “good problem to have” until you’re the technical person who needs to solve the problem—and quickly. Well, there are a number of technical reasons for applications suffering performance issues. Performance is important, but it’s definitely not everything. So, why does this happen?
While it’s never a bad time to apply for a business grant, October is one of the busiest months in the funding calendar, so it’s definitely worth exploring what options are out there before opportunities dry up during the holiday season. Deadline: November 1, 2024 Learn more and apply here 5.
I always advise software startups to file patents to protect their “secret sauce” from competitors, and to increase their valuation. They don’t insist on something very narrow, with proper technical content. Others put their hopes in patent reform legislation , to tighten the definition of software patents and targets trolls.
I always advise software startups to file patents to protect their “secret sauce” from competitors, and to increase their valuation. They don’t insist on something very narrow, with proper technical content. Different rules around the world. What I have described so far is the situation in the US.
I still generally advise software startups to file a patent as a barrier to entry from competitors and to increase their valuation by investors, but every entrepreneur needs to understand the tradeoffs. By definition, patents limit the commercialization rate and range for a new innovation. All patents require public disclosure.
It’s definitely good to anticipate a broad range of questions and have solid answers prepared and practiced. Try to compile all the different types of questions you could be asked about your business, like technical details, financial assumptions and projections, marketing, IP, etc., and prepare a response.
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