Remove Patents Remove Product Remove Sales Remove Technical Review
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6 Lessons Most Entrepreneurs Only Learn On The Street

Startup Professionals Musings

In my role as a mentor to aspiring entrepreneurs, I find that most have the technical challenges well understood, but many are a bit short on some basic street smarts , or basic business realities. Although Elon Musk doesn’t talk about it very much, he owns over 350 patents through Tesla, just one of his many companies.

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10 Quotes You Should Never Use Around A Business Plan

Startup Professionals Musings

“Attached is a copy of my full business plan for your review.” I don’t have a business plan, but the technology is disruptive.” Investors are buying part of the business, not the product or service. Investors are buying part of the business, not the product or service. Investors invest in the jockey, more than the horse.

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Intellectual Property – Worthless To A Startup, Priceless To A Big Dumb Company

InfoChachkie

“Good Lord Boyet, my beauty, though but mean, Needs not the painted flourish of your praise: Beauty is bought by judgment of the eye, Not uttered by base sale of chapmen’s tongues” . Patents held by startups generally have a limited ability to reduce competition. Intellectual Property (IP) is an ugly thing at a startup.

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10 Strategies For Attracting Investors That Will Fail

Startup Professionals Musings

“Attached is a copy of my full business plan for your review.” I don’t have a business plan, but the technology is disruptive.” Investors are buying part of the business, not the product or service. Investors are buying part of the business, not the product or service. Investors invest in the jockey, more than the horse.

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Here’s How You Get A VC To Pull Out Their Checkbook

InfoChachkie

Too Techie - Tone down emphasis on the technology underlying your venture; an interested investor will perform tech diligence at the appropriate time. What does your pain reliever look like, how is it implemented by the customer and what future products do you expect to roll out? Distribution and Sales.

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How to Deal with Skeletons in your Closet

Both Sides of the Table

They are issues, though, that your VC would certainly find out during due diligence or at a minimum you’d be ethically obliged to tell them. A company has just filed suit against you for product patent infringement (obviously more serious). Large parts of your tech system are going to need to be rearchitected.

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Interview with Marcus Filipovich, Ocular Data Systems

socalTECH

We talked with CEO Marcus Filipovich to learn more about the company and its product. For the first time, in a long time, traffic deaths and crashes are rising, due to drunk and drugged driving. How did the company and its technology come about? What does Ocular Data Systems do? It's really a big problem out there.