YoungUpstarts

article thumbnail

The Legal Side of Entrepreneurship

YoungUpstarts

Craig Schmitz, a partner in the Technology Companies Group at law firm Godwin Proctor LLP who works on corporate, governance, board and fundraising issues, and Erika Fisher, an associate in the firm’s Business Law Department who deals with IP, fielded questions about the legal issues startups face. If high U.S. However, the U.S.

article thumbnail

14 Interesting Findings From The Startup Genome Project

YoungUpstarts

Founders overestimate the value of IP before product market fit by 255%. blackbox has also announced its Startup Genome benchmark – entrepreneurs who fill out the test will be given their “startup personality type&# , with personalized advice for what to focus on based on aggregate data from the Startup Genome Project.

article thumbnail

How To Negotiate with Vendors, Partners And Employees

YoungUpstarts

When I negotiated crowdSPRING’s initial contract for internet and IP phone service, we had a few important deal terms (price, reliability, redundancy) and I made those terms very clear in the beginning.

Partner 171