article thumbnail

How to Protect IP When Outsourcing Software Development

Up and Running

In many areas, however, the high demand for tech talent appears to be larger than the supply of qualified tech and software developers for hire. The best thing you can do is create an IP protection strategy and document it in a business plan , so you’ve integrated it into your larger business strategy. It’s a valid concern.

article thumbnail

The Audacious Plan to Make Electricity as Easy as WiFi

Both Sides of the Table

Was there consumer demand? I seldom hire patent attorneys during due diligence but this was too important. We hired OSHA regulatory lawyers. We hired IP specialists to review prior art. We grilled their IP attorneys. No brainer. Did anybody hold patents that would prevent us from using this technology?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Onboard Remote Engineers: A Practical Guide from an Expert

ReadWriteStart

Onboarding a new remote developer is arguably one of the most important things you can add to your core competencies if you want to assure your new hires’ success. Today, with COVID-19 making every new hire remote, excellence in onboarding has become even more crucial. Daily scheduling and communications policies are loose or absent.

Engineer 150
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. ” The Cost of Financing.

article thumbnail

3 Ways Structure Can Take Your Tech Startup To New Heights

YoungUpstarts

Look no further than Google and Oracle , and you’ll see that no company is immune from IP impasses. Unfortunately, we work with companies that realize the IP actually belongs to a former partner or the organization that the founders worked for during the product’s early stages. Speaking of which…. Bring in the best — from the outside.

article thumbnail

Should Startups Focus on Profitability or Not?

Both Sides of the Table

If you hire 6 sales reps in January at $120,000 / year salary then you’ve taken on an extra $60,000 per month in costs yet these sales people might not close new business for 4-6 months. So your Q1 results will be $180,000 less profitable than if you hadn’t hired them. Hiring more people isn’t always the right answer.

Startup 418
article thumbnail

When Security Can Become Your Business Differentiator, Everybody Wins

YoungUpstarts

Typically, the first few key hires in IT are ones that will help “keep the lights on,” deal with password lock-outs and provision and configure network services and company laptops. Hiring junior, or less experienced employees and keeping them once they are trained is a big challenge.