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In many instances, investors simply do not have the patience to wait for an entrepreneur to sufficiently clean up their deal once a significant issue is identified during the due diligence process. As such, make it easy for investors to unequivocally evaluate the veracity of your venture's IP. Frictionless Fundraising.
First Principles. Steve Blank , January 25, 2010 10 Tips for Adding Game Mechanics to a Non-Gaming Service - ReadWriteStart , September 21, 2010 Startups & VCs: Learn How to Design, Market, & Eat Your Own. -
I often talk with entrepreneurs who are kicking around their next idea. Would you want to run the risk that your former employer could have a claim against the intellectual property you’ve created because you broke company policies and developed your ideas on company resources? Make sure you own your IP. Not worth it.
During the down market they were able to double down on recruiting, sales, outsourcing, new market entries and marketing (yes, with Tiger ads ). It’s why as an investor I look for talented teams with long-term vision, a unique point-of-view, differentiated IP and a desire to build something enduring. I love that.
One of the readers asked my opinion around sharing your startup concept: My first question has always been - how do you protect your idea while shopping around for feedback, partners, developers, etc.? I also will point out that in the The 15 Mistakes of First Time Entrepreneurs : 9. Lots of thoughts here.
One of the readers asked my opinion around sharing your startup concept: My first question has always been - how do you protect your idea while shopping around for feedback, partners, developers, etc.? I also will point out that in the The 15 Mistakes of First Time Entrepreneurs : 9. Lots of thoughts here.
The third piece of our business, is we''ve developed the infrastructure, technology, and methodology to discover content, and put it into our own, salesforce like system, which allows our researchers to pick out videos, track down the content creators, and do all of the contracting through the system.
” I mention journalists here because they perpetuate the myth that focusing on profits is ALWAYS the right answer and then I hear many entrepreneurs (and certainly many “normals”) repeating the same mantra. I have had this discussion with many a first-time entrepreneur. million contract over two years.
For example, if a contract is disputed, you have various layers of protection--there's a digital archive of the original and the completed contract. He had a contract which went South, where they couldn't find a paper copy, and they really got hurt in the settlement of a legal challenge. Obie Fernandez gave us a good one.
Earlier this month, Los Angeles-based Catalog (www.catalog.cc), a startup developing artificial intelligence software to help independent visual artists scale their content production efforts, announced it raised $1.5M That system allows us to arrange shoots and coordinate with contracted talent to produce that content. from Moonshots.
What I love about my job is getting to see teams of super-early-stage companies develop ideas that while raw have potential to make an impact on the market. This happens because many CEOs are passionate, market-driven people who are constantly trying to launch new products, win contracts, get press, hire staff and woo VCs.
The startup ecosystem is not just made up of entrepreneurs and investors; it also includes lawyers, bankers, HR and payroll providers as well as financial services providers. Make sure you have a lawyer to help draft your contracts and guide you’re communicating policies and procedures. And relying on NDAs is not the answer.
This series describes how entrepreneurs can craft company-changing agreements with BDCs, while avoiding Kiss of Death contract provisions. In Part II of this series, I suggest that entrepreneurs seek agreements in which “what is good for the goose is good for the gander.” Get The Cheese With Your Neck Intact.
As an entrepreneur and startup investor, I have helped create companies which achieved two IPOs which collectively raised over $100 million, as well as two acquisitions which totaled $385 million. Entrepreneurs who are confident yet humble, are rare and thus especially charming. “Learn from the mistakes of others.
For this morning's interview with an entrepreneur, we spoke with Thomas Russell , the Ceo and co-founder of ETC Solar (www.etc-solar.com), a Los Angeles startup developing technology to improve the efficiency and cost of solar cells. What's the biggest lesson you've learned as an entrepreneur so far? What does ETC Solar do?
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