Startup Professionals Musings

FEBRUARY 12, 2023

It’s important to learn from your own mistakes, but it’s even smarter to learn from someone else’s mistakes, without paying their high price in time lost, cost, and pain. Viral marketing costs real money, and your support staff and hosting systems cost even more. Bypasses intellectual property as not worth the cost.

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Intellectual Property Startup Angel Investor Viral 312

Startup Professionals Musings

NOVEMBER 28, 2020

But for founders who do their homework, the cost of entry is lower and the opportunity is higher than ever. Years ago, it cost a million dollars for a new e-commerce site, one that you can now create for almost nothing with current tools and technology. The cost of social media done well is low. Marty Zwilling.

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Intellectual Property Startup Angel Groups Social Media 404

Startup Professionals Musings

DECEMBER 6, 2019

The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than early projections and product development. That includes estimating the money required to get to the revenue stage, and saving money to cover costs before you jump off the cliff.

Finance 320

Finance Intellectual Property Technical Review Incubator 320

YoungUpstarts

SEPTEMBER 12, 2019

It is important to take steps to protect your intellectual property. A simple way to protect your intellectual property is the hold off on filing a patent. Once a patent is filed, others can create similar products using workarounds without violating any intellectual property rights. Avoid Joint Ownership.

Intellectual Property 124

Intellectual Property Non-disclosure Agreement IP Open Source 124

The Startup Magazine

AUGUST 21, 2023

And in certain situations, the low-cost approach makes perfect sense… A template NDA may fit the bill for early discussions with third parties, while a fairly generic employment contract may mean that enough is being done to ensure legal compliance. Failing to do so could mean that you can’t obtain a patent in the future.

Technical Review 109

Technical Review Intellectual Property Due Diligence Early Stage 109

YoungUpstarts

NOVEMBER 3, 2020

Violating intellectual property rights. But even if you are not working in a creative field, intellectual property rights are something that should concern you. Even if you are not found liable, a legal case can bear considerable costs, both in terms of time and money. How to minimise risk.

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Intellectual Property Software Review Cofounder Architecture 165

Startup Professionals Musings

MAY 17, 2020

It’s important to learn from your own mistakes, but it’s even smarter to learn from someone else’s mistakes, without paying their high price in time lost, cost, and pain. Viral marketing costs real money, and your support staff and hosting systems cost even more. Bypasses intellectual property as not worth the cost.

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Intellectual Property Angel Investor Viral Distribution 436

Gust

JANUARY 4, 2012

Last month we covered the basics of intellectual property (IP) for startups, including a simple taxonomy, some common issues and related documents for entrepreneurs to use when forming a new startup. I’m proud to contribute to the effort and always enjoy reading what the other authors have to say. Is there anything we can do about it?

Intellectual Property 143

Intellectual Property IP Startup United States 143

Startup Professionals Musings

OCTOBER 15, 2022

Registered patents and other intellectual property. Being the first mover or lowest cost is not a good long-term strategy. Since your product or technology may still be in the early stages of development, the investor in actually investing in you, and your previous achievements, as much as your current startup.

Intellectual Property 278

Intellectual Property Angel Investor Early Stage Venture Capital 278

Startup Professionals Musings

AUGUST 8, 2014

If you have a software development background like mine, Im sure you often get questions about when to outsource, versus building the solution in-house. Outsourcing is defined as contracting the work to another company, usually located in a developing country, like India, China, or Eastern Europe. Factor in all the cost elements.

Intellectual Property 238

Intellectual Property Non-disclosure Agreement Software Review Offshore 238

NZ Entrepreneur

NOVEMBER 14, 2019

It is vital to know early on what IP protection a startup can have, what the benefits will be, and what the costs will be to secure such protection over time. However, the costs of keeping such secrets, or the cost of losing the secrets to your competitor, can also be high. Sometimes IP is the only asset a startup has.

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Intellectual Property IP Software Review New Zealand 45

Startup Professionals Musings

AUGUST 26, 2022

You may dream of developing a new silicon chip technology, but a bit of research should tell you that most disruptive solutions take billions in investment, and more time than you can afford for acceptance. You need intellectual property , such as a patent, trade secret, or process expertise that will be a barrier that you can defend.

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Founder Intellectual Property Social Media Business Plan 262

Startup Professionals Musings

JUNE 30, 2019

The problem is that professional investors (angels and venture capitalists) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. That includes estimating the money required to get to the revenue stage, and saving money to cover costs before you jump off the cliff.

Intellectual Property 219

Intellectual Property Technical Review Startup Incubator 219

NZ Entrepreneur

AUGUST 12, 2020

This article is the third of a three-part series by Baldwins Intellectual Property that focuses on the importance of intellectual property for startup companies. What is intellectual property? Intellectual property is about creations of the mind.

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Intellectual Property New Zealand Startup Early Stage 91

VC Cafe

JANUARY 10, 2024

According to GitHub, the largest open source repository (owned by Microsoft), developers are flocking to open source generative AI projects, and some entered the top 10 most popular open source projects by contributor count in 2023. The downside of OpenAI is the cost, platform dependency and limitations of its API.

Generative AI 109

Generative AI Artificial Inteligence Open Source 109

Startup Professionals Musings

JULY 11, 2012

Since my background includes software development, I often get the question about when to build a solution in-house, versus outsourcing it to a local company, near-shore service, or off-shore organization in China, India, or Eastern Europe. Intellectual property content. Protect your intellectual property.

Intellectual Property 222

Intellectual Property Non-disclosure Agreement Non-Compete Vietnam 222

Steve Blank

SEPTEMBER 16, 2014

And over time every venture capitalist develops their own gut feel for what makes up a great team in their industry. For example, if you’re building a mobile app, then the key activities are: app software development, user interface design and demand creation skills. Filed under: Customer Development. Customer Development'

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Cofounder Founder Intellectual Property Business Model 335

YoungUpstarts

NOVEMBER 30, 2017

When you hire others to work for you, employment contracts are vital to outlining what is expected of employees, the terms of their employment, company policies, ownership of intellectual property, and certain financial agreements. One of the key areas in which you need to focus is on employment contracts.

Cost 113

Cost Intellectual Property Software Review Non-Compete 113

Startup Professionals Musings

JANUARY 13, 2020

Registered patents and other intellectual property. Being the first mover or lowest cost is not a good long-term strategy. Since your product or technology may still be in the early stages of development, the investor in actually investing in you, and your previous achievements, as much as your current startup.

Intellectual Property 316

Intellectual Property Angel Investor Early Stage Venture Capital 316

Startup Professionals Musings

JANUARY 20, 2016

If you have a software development background like mine, I’m sure you often get questions about when to outsource, versus building the solution in-house. Outsourcing is defined as contracting the work to another company, usually located in a developing country, like India, China, or Eastern Europe. Factor in all the cost elements.

Intellectual Property 120

Intellectual Property Non-disclosure Agreement Software Review Technical Review 120

Steve Blank

JUNE 26, 2014

We’re changing the order in which we teach the business model canvas and customer development to better-fit therapeutics, diagnostics and medical devices. “Customer Development” to test the hypotheses outside the building and. We’ve pivoted our Lean LaunchPad / I-Corps curriculum. I-Corps @ NIH Lecture Order Details.

Intellectual Property 281

Intellectual Property Lean IP Open Source 281

Startup Professionals Musings

APRIL 17, 2011

Since my background includes software development, I often get the question about when to build a solution in-house, versus outsourcing it to a local company, near-shore service, or off-shore organization in China, India, or Eastern Europe. Intellectual property content. Protect your intellectual property.

Intellectual Property 225

Intellectual Property Non-disclosure Agreement Non-Compete Vietnam 225

The Startup Magazine

JULY 19, 2019

Their primary motivation has been the fact that manufacturing costs in Chinese factories are lower than those in the US or Europe. But in the past few years, a number of news articles and blogs have speculated whether China remains a low-cost destination for manufacturers. Source: Pixabay.

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China Global Cost Thailand 91

Berkonomics

DECEMBER 9, 2021

It wasn’t about paying for service we now expect at no extra cost just about everywhere, it was about a patent that covered that expansive service. Intellectual property is the principal asset of must every technology company. The post Is there gold in your old intellectual property?

Intellectual Property 62

Intellectual Property IP Internet Technology 62

YoungUpstarts

MARCH 7, 2016

Understanding the four main types of intellectual property is a preliminary step to intellectual property acumen as patents, trademarks, trade secrets and copyrights each have their own legal protections. Does my company own its intellectual property? What should my IP strategy be?

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Intellectual Property NDA IP Early Stage 100

Startup Professionals Musings

JUNE 26, 2020

To be clear, I define a product specification as the technical definition of your product, to be used for development and testing purposes, with a quick business summary for context. For example, “We just patented a new battery technology that will cut your smartphone charge time and cost in half.” You need both to survive.

Business Plan 423

Business Plan Product Intellectual Property Elevator Pitch 423

Startup Professionals Musings

JULY 14, 2014

The problem is that professional investors (Angels and Venture Capital) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. That includes estimating the money required to get to the revenue stage, and saving money to cover costs before you jump off the cliff.

Entrepreneur 283

Entrepreneur Intellectual Property Technical Review Incubator 283

Startup Professionals Musings

NOVEMBER 4, 2019

I love good causes and social entrepreneurs, but a recent pitch to me about eliminating world hunger with a new product (harvesting algae at low cost) seemed to forget that really hungry people don’t have any money. Build a credible business implementation plan to quantify costs. Even a non-profit needs income to operate.

Intellectual Property 235

Intellectual Property Elevator Pitch Harvest Technical Review 235

Up and Running

JULY 28, 2022

Secure your intellectual property. Intellectual property (IP) is anything created by the human intellect that’s protected by the law from unauthorized use by other people. It pays for medical care, funeral costs, death benefits, and income compensation during recovery. Develop a founders agreement.

Small Business 167

Small Business Intellectual Property Cofounder Software Review 167

YoungUpstarts

JUNE 1, 2020

VDR allows your business to ensure restricted access so that only approved participants can reach out to sensitive information and confidential data, such as licenses, contracts, staff history, intellectual property documents, financial statements, etc. It can substantially cost you to convert documents into digital formats.

Technical Review 147

Technical Review Due Diligence Intellectual Property Security 147

Up and Running

JULY 5, 2021

And hiring an intellectual property attorney may seem like a budget dealbreaker. Working with an attorney is an added cost that many entrepreneurs are hesitant to spend, especially before their venture is turning a profit. Ultimately, the upfront cost of a trademark lawyer should be considered an investment into your business.

Hiring 133

Hiring Intellectual Property United States Search 133

Steve Blank

APRIL 23, 2014

If they decide to buy, large companies can: license/acquire intellectual property. Corporate business development and strategic partner executives are flocking to Silicon Valley to find these five types of innovation. The founding team is testing for the right combination of product, market, revenue, costs, etc.

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Acquisition Intellectual Property Silicon Valley Startup 332

Startup Professionals Musings

FEBRUARY 19, 2013

The problem is that professional investors (Angels and Venture Capital) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. That includes estimating the money required to get to the revenue stage, and saving money to cover costs before you jump off the cliff.

Intellectual Property 309

Intellectual Property Technical Review Venture Capital Startup 309

Startup Professionals Musings

JANUARY 12, 2018

The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than early projections and product development. That includes estimating the money required to get to the revenue stage, and saving money to cover costs before you jump off the cliff.

Intellectual Property 134

Intellectual Property Technical Review Startup Incubator 134

Women Entrepreneurs Can

MARCH 27, 2024

Once risks are identified, develop contingency plans outlining steps to be taken in response to each scenario. Invest in robust cybersecurity measures to protect sensitive data, intellectual property, and customer information. This involves evaluating both internal and external factors that could adversely affect operations.

Intellectual Property 52

Intellectual Property Software Review Revenue Security 52

Steve Blank

MAY 17, 2022

It uses new words to define programming steps, job descriptions, development tools, etc. People (programmers) write software code (programming) to develop applications, thinking a priori about all the rules, logic and knowledge that need to be built in to an application so that it can deliver a specific result.

Artificial Inteligence 417

Artificial Inteligence Software Review Algorithm Technical Review 417

Startup Professionals Musings

AUGUST 25, 2017

In case you haven’t noticed it, the rapid evolution of do-it-yourself (DIY) facilities for developers, including 3-D printers, SketchUp and makerspaces such as TechShop , have scaled down the cost of prototypes and hardware design by an order of magnitude. Quick low-cost design and fabrication alternatives are extremely valuable.

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Technical Cofounder Intellectual Property Wiki Cofounder 153