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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.

IP 256
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I Know Everybody Told You to Send Your Fund-Raising Decks as a Link.

Both Sides of the Table

Here’s Why You Should Just Send the Deck I know you have your document sending tool to send your fund-raising deck to VCs and track who read your deck, which pages they read and how much time they spend on each page. What should be in your deck?

Funding 239
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How to Work with Lawyers at a Startup

Both Sides of the Table

When to get a lawyer - If you plan to be a venture or angel backed technology company (what I mostly write about) the best time to start meeting and getting to know lawyers is long before you ever start your company. I write about some of the lessons in my post on Startup Mistakes. Many people start companies arse backwards.

Startup 318
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The 4 Partners Early-Stage Startups Need

Tech Zulu Event

I often write about the best strategies for startup fundraising or how to manage startup financing and optimize for growth. To make sure your IP is protected — As I’ve written before, failing to develop an IP strategy, including a plan for protecting your IP as well as avoiding unwitting infringements of someone else’s, is a huge mistake.

Startup 40
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Interview with Youtuber Adorian Deck, On Making A Living On YouTube

socalTECH

An example of that, is I do a lot of running, and I did a video where I ran 100 miles over the month, and documented the process, and that inspired other people to do the same thing. That said, I think it's great that people are now able to film something in their bedroom, and jump into Hollywood fame, writing books, and becoming legit stars.

Startup 100
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Ten Rookie Startup Mistakes You Won’t Make

InfoChachkie

Fallacy: Third-party, OEM (Original Equipment Manufacturing) representatives succeed once the sales process is defined, proven and documented. 5) Allow Partners To Write Your Agreements. Thus, I will let my Big Dumb Company (BDC) partner write our agreement. 2) Secure Your Intellectual Property Too Early. Fallacy: Yes.

Startup 242
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Roping in the Legal Eagles

InfoChachkie

Such a lawyer will not go out of their way to screw you, but when crafting the investor documents and in future investor-related issues, your lawyer’s allegiance must be to your company. At the very least, you or the appropriate member of your team should document the primary deal points in bullet-point form.