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Intellectual Property for Startups in the Real World

Gust

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. How much is it worth investing in cultivating and enforcing an IP portfolio ? Barriers to entry ?

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How to Work with Lawyers at a Startup

Both Sides of the Table

Shame about not getting it in legal writing that you owned the original IP. They want to lock in future clients at an early stage. So I tell you this because if you build a strong relationship with an early-stage VC they can be a great source to help you with your funding. Our lives are intertwined.

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Beware The Consultant

infochachkie.com

For instance, if a consultant proposes to help you with public relations, pay them a commission equivalent to the greater of a flat fee per story placed or a percentage of revenue generated from the PR coverage. Such positions include: PR, Sales, Product Development, Lead Generation, Strategic Planning, Fund Raising, etc. Consultant.

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In a Strong Wind Even Turkeys Can Fly

Both Sides of the Table

It’s why as an investor I look for talented teams with long-term vision, a unique point-of-view, differentiated IP and a desire to build something enduring. Avoid the latest fads, trends or PR announcements. Double-down on great people, process & IP. Many “me, too&# companies will perish.

Turkey 302
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A Few Key People Really Can Make a Huge Difference

Both Sides of the Table

Chris Devore & Andy Sack have created Founder’s Coop with the goal of funding, incubating & launching more early-stage ventures in Seattle. Not to mention every major agency, many PR firms, etc. I see this emerging in Seattle and the passion of “a few key individuals&# who can help shift the game.

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Time is the Enemy of All Deals

Both Sides of the Table

I’ve offered to fund an early stage company where I promised cash in bank in less than 30 days. If it’s a biz deal you might care about IP protection, revenue share, investment commitments to joint marketing – whatever. But I sometime see people get bogged down in PR releases, cancelation clauses, minimum guarantees, whatever.

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How To Bootstrap Your Startup

www.readwriteweb.com

We are on the high end of the range, and I think expecting less would be unrealistic unless you are building something really simple (and therefore with limited inherent IP). If our aim was to raise financing and employ these people directly, we’d have burnt through $5-7 million before launch. I can’t wait to read the rest of the series!