article thumbnail

Be Frugal, But Never Cheap When Locking Down Your IP

InfoChachkie

The money you pay your intellectual property (IP) lawyer should be judiciously spent. However, the potential costs associated with an IP mishap can be catastrophic. An invalidated patent or one deemed to infringe the rights of another party can devastate a startup. The filing date is often the deciding arbiter in IP disputes.

IP 210
article thumbnail

Should I license my IP, sell a royalty stream, or just produce products?

Berkonomics

Since I am a proponent of using equity as a tool and he is so much opposed, this week it is his turn to make the case. They will be more willing to pay a royalty fee if your product gets them to market earlier or is protected by patent to create a barrier to their competition. I have the weeks to follow to make mine.

IP 136
Insiders

Sign Up for our Newsletter

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

article thumbnail

Should I license my IP, sell a royalty stream, or just produce products?

Berkonomics

Since I am a proponent of using equity as a tool and he is so much opposed, this week it is his turn to make the case. They will be more willing to pay a royalty fee if your product gets them to market earlier or is protected by patent to create a barrier to their competition. I have the weeks to follow to make mine.

IP 120
article thumbnail

TechZulu Live to Premiere "TZLaw" at 5:15 p.m. PT Thursday, October 7, with IP Attorney Denise Grayson of "The Social Network"

Tech Zulu Event

PT as they kick off the new weekly tech law show "TechZulu Law" with a discussion with IP attorney Denise Grayson, who portrays the attorney of Eduardo Saverin in the film about the early days of Facebook, "The Social Network.". Tech Law Tip of the Week: explanation of a frequently-asked IP law question for tech companies.

IP 81
article thumbnail

5 Startup Killers And How to Avoid Them

Tech Zulu Event

Equity split. As part of the agreement, put a vesting plan in place for your equity. If you haven’t legally assigned the property rights to your company, you don’t own the IP even if your co-founder developed it while working on your business. Protect your IP : Patents are the gold standard. Time commitment.

article thumbnail

Startups Need the ‘Why’ Before the ‘What’ to Build

Startup Professionals Musings

Although their book is written for businesses of all sizes, I believe the principles apply especially to startups as follows: Increase return on equity invested. Intellectual property (IP). Patent protection is no guarantee, but it does improve the chances of building businesses that have a sustainable competitive advantage.

Startup 99
article thumbnail

Roping in the Legal Eagles

InfoChachkie

Some startup attorneys will accept a portion of their initial fees in the form of equity. When you hit the inevitable bumps in the road, a lawyer who has an equity stake in your business is more likely to be flexible with respect to payment terms and more willing to give you quick, off-the-clock feedback and guidance.