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Software Patents are Becoming a Tax on Innovation

Startup Professionals Musings

I always advise software startups to file patents to protect their “secret sauce” from competitors, and to increase their valuation. The bad news is that patent trolls can squeeze the lifeblood out of innocent and unsuspecting entrepreneurs, as exemplified by the current mess around Lodsys patent No.

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10 Funding Quotes Every Entrepreneur Should Skip

Startup Professionals Musings

Other writers, like Guy Kawasaki, have irreverently called some of these “entrepreneur lies,” but I prefer to think of them as innocent over-enthusiasm or over-confidence that can kill your deal. That’s probably the soft way of saying, we don’t have a patent or any “secret sauce” for a competitive advantage.

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Top Ten Red Flags To Avoid With Investors

Startup Professionals Musings

Other writers, like Guy Kawasaki, have irreverently called some of these “entrepreneur lies,” but I prefer to think of them as innocent over-enthusiasm or over-confidence that can kill your deal. That’s probably the soft way of saying, we don’t have a patent or any “secret sauce” for a competitive advantage.

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Roping in the Legal Eagles

InfoChachkie

A startup-oriented lawyer may not be able to convince a jury of a guilty man’s innocence, but they can guide your adVenture through the menacing legal shoals it will no doubt face. Just as you would not ask your family physician to perform a coronary bypass, do not ask your corporate lawyer to help you write your patent application.