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Often this situation is characterized as a “good problem to have” until you’re the technical person who needs to solve the problem—and quickly. Well, there are a number of technical reasons for applications suffering performance issues. We therefore routinely advise leads of new projects to consider performance early.
As an advisor to entrepreneurs, I often hear the desire to run their own company, to avoid having someone else telling them how to run the business. I strongly advise you create a separate bank account and credit card for your business, even though it is all your money. Never keep bad business news a secret from your team.
The truth is that we work in a very small, tight-knit industry and news & plans spread fast. Most people totally advise against stealth. You always have too much technical debt, too many problems, staff members quitting, not enough capital, customer complaints, etc. That is EXACTLY how your competitors feel, too.
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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. Different rules around the world.
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).
I always advise software startups to file patents to protect their “secret sauce” from competitors, and to increase their valuation. They don’t insist on something very narrow, with proper technical content. Different rules around the world. What I have described so far is the situation in the US.
I always advise software startups to file patents to protect their “secret sauce” from competitors, and to increase their valuation. They don’t insist on something very narrow, with proper technical content. It is in the jargon not “technical.” Patents are litigation intensive.
The aim, according to the private college’s press release, is to provide “mentoring, advising and access to resources for up to 15 student- and community-run companies with a philanthropic twist.” Salt Lake City, Utah’s Westminster College debuted it’s Social Impact Incubator on August 30 of this year.
Effects Artist and Technical Director, Dreamworks AnimationJason hails from Kentucky, where his parents met at a Renaissance Faire, hooked up at the Wicca Coven, and raised him at sci-fi conventions. 12pm: BODY. Jason Porath / @JasonPorath. Prior to joining WellnessFX (consumer directed health technology), he completed his MBA at Stanford.
Try to compile all the different types of questions you could be asked about your business, like technical details, financial assumptions and projections, marketing, IP, etc., I would advise trying not to get into an argument with an investor. and prepare a response. In fact, plan on them challenging your solution and data points.
Do you know how many people I meet these days who are “packaging up money in SPVs (special purpose vehicles),” or raising syndicates or doing secondaries or advising high-net-worth individuals how to get into unicorns? ” When I asked his area of technical speciality he said, “Oh, no, I’m not technical. .”
The sales rep that brings back news from the front line that is shared with the office adds to our collective knowledge about customer needs, product design flaws or partnership opportunities. I often advise these CEOs to make the tough choices early in the company’s history – either move up North or build your tech team in LA.
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