Startup Professionals Musings

SEPTEMBER 18, 2022

They are also seeking to find out how you handle one of the many tough questions that a new founder will get in today’s market. First mover advantages are only sustainable by large companies, or founders with deep pockets. Facebook spent over $150 million before revenue. Intellectual property as barrier to entry.

Intellectual Property 334

Intellectual Property Angel Investor Matching Founder 334

Steve Blank

DECEMBER 10, 2009

Early on in my career I took a “we’re moving too fast to deal with lawyers” attitude to patents and Intellectual Property (IP.) At one of my entrepreneurship classes at Stanford, Dan Dorosin , of Fenwick & West LLP guest lectures about startups and Intellectual Property. Intellectual Property.

Intellectual Property 213

Intellectual Property IP Software Review Non-disclosure Agreement 213

Scott Edward Walker

OCTOBER 19, 2020

Over the past six months, my firm has been engaged by a number of startups with significant intellectual property (“IP”) problems. In a couple of cases, the founders played lawyer on their own; in the other cases, the founders either used (i) a Web service that did not address IP issues or (ii) an inexperienced law firm.

IP 52

IP Software Review Founder Technical Review 52

Startup Professionals Musings

MARCH 4, 2016

The good news is that everyone expects entrepreneurs to make mistakes, since founders explore uncharted territory. In fact, investors recognize that founders usually learn more from mistakes than from success, so a well-explained startup failure can improve their odds of funding the next time around.

Intellectual Property 120

Intellectual Property Startup Forecast Angel Investor 120

Up and Running

DECEMBER 8, 2021

Patent strategies are a series of steps that a company takes in order to secure and position its inventions, innovations, and/or intellectual property. The fact is, not paying for the critical review and legal costs to create or enforce a patent almost always ends up costing more in the long run. Don’t do it.

Technical Review 88

Technical Review Portfolio Startup Intellectual Property 88

Startup Professionals Musings

MAY 4, 2016

But for founders who do their homework, the cost of entry is lower and the opportunity is higher than ever. Excellent detailed resources are everywhere, including a new book, “ The Startup Checklist ,” by serial entrepreneur and founder of the New York Angels, David S. The cost of social media done well is low.

Intellectual Property 120

Intellectual Property Startup Angel Groups Social Media 120

Startup Professionals Musings

NOVEMBER 4, 2011

If the founders are not experienced, find a couple of advisors from the business sector to fill the gap. Define some intellectual property. File a patent and trademarks to show real intellectual property. Remember the old adage that “investors fund people, not ideas.” Get your Internet domain name and website.

Intellectual Property 249

Intellectual Property Angel Investor Technical Review Elevator Pitch 249

Startup Professionals Musings

APRIL 26, 2021

But in addition I’ve always found it helpful to provide a simple checklist for new venture founders and new business owners to make sure they have covered all the key bases correctly, including the following: Define and focus on a single customer segment. Provide initial and long-term sources of revenue.

Intellectual Property 332

Intellectual Property Angel Investor Business Model Channel 332

Startup Professionals Musings

DECEMBER 11, 2022

Getting investors to trust you with their money is always a challenge, and it’s even more difficult in the early stages, where you don’t have a significant revenue stream, a few customers, or maybe even a product yet. Lack of intellectual property. Naïve expectations on funding terms and process.

Due Diligence 271

Due Diligence Intellectual Property Entrepreneur Preferred Stock 271

Startup Professionals Musings

MAY 27, 2016

Even social entrepreneurs need milestones, quantifiable results, and revenue to sustain their value. Some founders are so passionate about their solution that they forget to lead with an explanation of the customer value equation. Investors like to see new intellectual property as a barrier to entry.

Technical Review 134

Technical Review Intellectual Property Due Diligence Angel Investor 134

Startup Professionals Musings

DECEMBER 14, 2019

They are also seeking to find out how you handle one of the many tough questions that a new founder will get in today’s market. First mover advantages are only sustainable by large companies, or founders with deep pockets. Facebook spent over $150 million before revenue. Intellectual property as barrier to entry.

Intellectual Property 301

Intellectual Property Angel Investor Matching Founder 301

Startup Professionals Musings

OCTOBER 19, 2015

That’s why I recommend that they find a co-founder who loves business challenges, including marketing and finance. Thus it’s a waste of time for most entrepreneurs to be looking for investors until they have a product and some customer revenue. Most founders bootstrap product development.

Technical Review 120

Technical Review Intellectual Property Cofounder Bootstrapping 120

Up and Running

NOVEMBER 5, 2018

What will it cost to start that business? Many people underestimate startup costs and start their business in a haphazard, unplanned way. Estimating realistic startup costs is one of the key elements of your financial plan. What are startup costs? It’s always a guess—but you can make it a good educated guess.

Cost 150

Cost Balance Sheet Startup Intellectual Property 150

Startup Professionals Musings

SEPTEMBER 23, 2010

If the founders are not experienced, find a couple of advisors from the business sector to fill the gap. Define some intellectual property. File a patent and trademarks to show real intellectual property. Remember the old adage that “investors fund people, not ideas.” Get your Internet domain name and website.

Angel Investor 224

Angel Investor Intellectual Property Technical Review Elevator Pitch 224

Austin Startup

FEBRUARY 7, 2019

Knowbella Tech is an open science collaboration company that uses blockchain to deliver free tools, services, grants, and intellectual properties (IP) to researchers, particularly the underserved in Africa, Asia and Latin America. Knowbella founder Jason Barkeloo answered some questions about his company.

Intellectual Property 48

Intellectual Property Technical Review Malta Startup 48

A Smart Bear: Startups and Marketing for Geeks

JUNE 20, 2011

As you’d suspect, I was similarly ignorant of such things while watching the sale of ITWatchDogs (where I was a co-founder), and still harbored misconceptions as I went into the sale of Smart Bear. They’ve heard rules of thumb like “A growing software company is worth 5 times their trailing 12-months revenue.&#

Sales 260

Sales Channel Cofounder Valuation 260

Startup Professionals Musings

MARCH 14, 2020

Getting investors to trust you with their money is always a challenge, and it’s even more difficult in the early stages, where you don’t have a significant revenue stream, a few customers, or maybe even a product yet. Lack of intellectual property. Naïve expectations on funding terms and process.

Due Diligence 308

Due Diligence Intellectual Property Preferred Stock Seed Stage 308

VC Cafe

APRIL 15, 2024

The creation of content, but especially the sharing of content became a zero cost game. These platforms, leveraging vast amounts of user data, were able to offer targeted advertising solutions that were both more effective and appealing to advertisers, significantly eroding the ad revenue streams that publishers had relied on.

Generative AI 142

Generative AI Media Artificial Inteligence Vertical 142

YoungUpstarts

NOVEMBER 18, 2018

by Solomon Ali, Co-Founder of Revolutionary Concepts. The costs associated with patenting your technological or creative boon, successfully bringing your product to market and compelling larger companies to come to the table and negotiate a royalty deal rests in how you proceed. Licensing Your Patent and Collecting Royalties.

Intellectual Property 157

Intellectual Property Forecast LLC Acquisition 157

YoungUpstarts

SEPTEMBER 14, 2018

by Christopher Heer , owner and founder of Heer Law. In order to get your invention and business off the ground, you will need to invest time and money on protecting your intellectual property , development, production and marketing. Moving from idea to marketable product can be challenging. Business financing. Crowdfunding.

Intellectual Property 113

Intellectual Property Non-disclosure Agreement Government Venture Capital 113

Startup Professionals Musings

JUNE 25, 2014

They are also seeking to find out how you handle one of the many tough questions that a new founder will get in today’s market. First mover advantages are only sustainable by large companies, or founders with deep pockets. Facebook spent over $150 million before revenue. Intellectual property as barrier to entry.

Intellectual Property 276

Intellectual Property Entrepreneur Angel Investor Matching 276

Startup Professionals Musings

JANUARY 27, 2018

They are also seeking to find out how you handle one of the many tough questions that a new founder will get in today’s market. First mover advantages are only sustainable by large companies, or founders with deep pockets. Facebook spent over $150 million before revenue. Intellectual property as barrier to entry.

Intellectual Property 129

Intellectual Property Angel Investor Matching Founder 129

Steve Blank

MARCH 31, 2014

Companies horde cash and squeeze the most revenue and margin from the money they use. For example they can reduce component cost, introduce a line extension or create new versions of the existing product. If they don’t, then the management team has simply become caretakers of the founders’ legacy. This never ends well.

Private Equity 325

Private Equity Metrics China Intellectual Property 325

Up and Running

AUGUST 19, 2014

what’s behind your financials, your go-to-market strategy, your current traction in the marketplace, your competition and why you’re better, your intellectual property or “secret sauce,” your exit strategy, etc.). Too many founders tread the fine line between arrogance and ignorance. Tweet This Tip.

Angel Investor 161

Angel Investor Technical Review Due Diligence Startup 161

Startup Company Lawyer

MAY 4, 2009

Adeo Ressi , the founding member of TheFunded , recently announced the establishment of TheFunded Founder Institute. The Founder Institute helps founders launch innovative companies by providing training, services, and company-building assignments, such as incorporating the business, filing provision patents, and setting up books and records.

Founder 28

Founder Warrant San Francisco Intellectual Property 28

Startup Professionals Musings

MARCH 18, 2016

First priority is real revenue, customers and contracts. Thus, $100,000 of gross revenue in the last 12 months might be extrapolated to $500,000 to $1 million in valuation. Future revenue projections are not relevant at the pre-revenue stage. Future revenue projections are not relevant at the pre-revenue stage.

Intellectual Property 120

Intellectual Property Valuation Pre-Money Valuation Startup 120

Startup Professionals Musings

DECEMBER 24, 2012

If the founders are not experienced, find a couple of advisors from the business sector to fill the gap. Define some intellectual property. File a patent and trademarks to show real intellectual property. Remember the old adage that “investors fund people, not ideas.” Get your Internet domain name and website.

Angel Investor 260

Angel Investor Intellectual Property Elevator Pitch Angel Groups 260

Startup Professionals Musings

APRIL 28, 2013

Here I’m talking about both the experience and track record of the founders in starting a business, as well as their experience and knowledge of the business domain. Like most professionals, when I get a business plan, I flip first to the founders section to see if it is a balanced team who has been there and done that. Financial risk.

Intellectual Property 261

Intellectual Property Mexico Startup China 261

YoungUpstarts

OCTOBER 3, 2017

by Dave Lavinsky, founder of Growthink and BusinessPlanTemplate.com. Think about how many employees you have, what your revenues will be, etc. For example, do you have unique intellectual property? Dave Lavinsky is a serial entrepreneur and the president and founder of Growthink. Start at the End.

Business Plan 160

Business Plan Intellectual Property Founder Employee 160

Startup Professionals Musings

AUGUST 2, 2015

They are also seeking to find out how you handle one of the many tough questions that a new founder will get in today’s market. First mover advantages are only sustainable by large companies, or founders with deep pockets. Facebook spent over $150 million before revenue. Intellectual property as barrier to entry.

Intellectual Property 120

Intellectual Property Startup Angel Investor Matching 120

ConversionXL

JUNE 10, 2020

and LaCroix doesn’t have much that distinguishes it from the competition in terms of intellectual property or added value,” Laurent Grandet, a beverage analyst for Guggenheim, told CNN. According to HubSpot , “brands that are consistently presented see an average revenue increase of 23%.”.

Product 80

Product Intellectual Property Social Media Audience 80

David Teten

DECEMBER 3, 2019

Tim Friedman, Founder, PE Stack , said, “If I could offer one piece of advice to today’s managers, it would be to take the time to understand the demands of the modern institutional LP. Russell Rothstein, Founder and CEO, IT Central Station , a product review site, said, “We see VCs on our site very often. 3) Raise capital.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Startup Professionals Musings

NOVEMBER 26, 2012

Two founders have spent $200K of personal and family funds over a one year period to start the company, get a prototype site up and running, and have already generated some “buzz” in the Internet community. On the other hand, if the pre-money valuation is $4M, the founders ownership remains at a healthy 80% level.

Valuation 270

Valuation Pre-Money Valuation NPV Intellectual Property 270

Startup Professionals Musings

MARCH 25, 2012

Here I’m talking about both the experience and track record of the founders in starting a business, as well as their experience and knowledge of the business domain. Like most professionals, when I get a business plan, I flip first to the founders section to see if it is a balanced team who has been there and done that. Financial risk.

Intellectual Property 271

Intellectual Property Entrepreneur Mexico China 271

Up and Running

DECEMBER 29, 2015

Consider that the average startup cost of a new business is about $10,000. And a team or two or three people, who have backgrounds that indicate they can do what they have to do, is better than a single founder. Focus on the parts of it most likely to generate early revenue. In an average year in the U.S.,

Bootstrapping 92

Bootstrapping Intellectual Property Venture Capital Angel Investor 92

The Startup Magazine

OCTOBER 13, 2019

Intellectual property is one of the most valuable assets acquirers seek in startups. Or at least not as cost-effectively. . Acquiring customers can be far easier, certain and cost-effective. Acquiring revenues can be very important. IP & Technology. Sometimes they sue instead. Or push regulations.

Intellectual Property 101

Intellectual Property IP Acquisition Startup 101

YoungUpstarts

MAY 14, 2018

Marks, founder and managing partner of High Rock Partners and author of “ Middle Market M & A: Handbook for Investment Banking and Business Consulting “ Conventional wisdom says that a company grows by reaching new customers, increasing its workforce, expanding marketing or launching new products or services. by Kenneth H.

Acquisition 124

Acquisition Finance Raleigh Mezzanine 124