Remove Entrepreneur Remove Help Remove Patents
article thumbnail

Southern Californian, US Entrepreneurs Visit 10 Downing Street

socalTECH

Dressed in suits with questions and passports in hand, a delegation of over 15 US entrepreneurs and investors--including a number from Southern California--entered the seat of the British government at 10 Downing Street Thursday. 10 Downing Street is the equivalent of the White House here in the United States.

article thumbnail

Intellectual Property – Worthless To A Startup, Priceless To A Big Dumb Company

InfoChachkie

Yet, it does nothing to help you execute your business model. 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.

IP 256
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Be Frugal, But Never Cheap When Locking Down Your IP

InfoChachkie

An invalidated patent or one deemed to infringe the rights of another party can devastate a startup. Defensible Claims - Some companies take pride in the number of patents they own. However, there is not a direct correlation between a patent portfolio’s value and the number of patents which comprise the portfolio.

IP 210
article thumbnail

6 Drivers For Aspiring Entrepreneurs To Finish School

Startup Professionals Musings

A continuing question I hear from young entrepreneurs is whether a university degree is important to startup success, or just a distraction in achieving their purpose in the world. Every school recognizes the power of “hands-on” work to help you develop your own ideas into a business. Write a business plan and pitch deck for learning.

article thumbnail

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
article thumbnail

Tapping The Power Of The Crowd For Ideas, Advice and Funding, with JumpStartFund

socalTECH

Can tapping the power of the crowd not only help you find customers and help fund your project, but also help you shape your startup idea and find funding? We offer up those ideas and patents to any user on the Internet, and they can sign up on the site to work with the entrepreneur on the idea.

Ideas 178
article thumbnail

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