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7 Due Diligence Checks On Your Idea To Save Some Pain

Startup Professionals Musings

Some analysis and due diligence along the following lines should be performed on every idea, as a reality check, before committing your efforts and other people’s money to building a business: Look for places where competitors are few. Of course, existing patents don’t stop you from innovating, but charging ahead into a wall is no fun.

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The Audacious Plan to Make Electricity as Easy as WiFi

Both Sides of the Table

The practical uses for uBeam technology is limitless. Did anybody hold patents that would prevent us from using this technology? I seldom hire patent attorneys during due diligence but this was too important. We hired IP specialists to review prior art. Did the physics actually work? Was it safe?

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6 Due Diligence Concerns Before Outside Contracting

Startup Professionals Musings

Saving cost won’t help you if you can’t make the daily innovations required to stay competitive. Despite some recent advances, there are still some cultures which have less regard for patents and other intellectual property. Leading edge technology software and manufacturing require constant course corrections and iterative restarts.

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The Case for Optimism and Risk at Startups

Both Sides of the Table

The press around the raise & company was fantastic and the promise of their technology – wireless charging that works as easily as WiFi – would positively affect many of our lives. uBeam’s tech does work and I have safely seen it demo’d in the real life many times. Working on it. And being ambitious.

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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
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Annual IP Case Law Review

SoCal Tech Calendar

Thursday, November 4, 2010 -- CommNexus Presents: Annual IP Case Law Review. Join in a panel discussion of the cases that were decided and that have affected the landscape of patent law this past year. The result is that some patents may have a longer term than the PTO had originally indicated. See [link] (more).

IP 100
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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