Gust

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Intellectual Property for Startups in the Real World

Gust

Many thanks to David Rose , Ilana Grossman , Justin Stanwix , and the whole Gust team for making the Gust Blog such a valuable platform and resource for entrepreneurs and angel investors. What kind of advantage will this create vs. our competitors ? How much is it worth investing in cultivating and enforcing an IP portfolio ?

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Nuts & Bolts of Intellectual Property for New Startups

Gust

Having covered all the bases to ensure that your corporate name is available, the domain name can be acquired, and the name doesn’t infringe any existing trademarks (as we discussed last week ), now is a good time to look at the categories of intellectual property (IP) that are relevant to most startups. Intellectual property.

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Do It Right The First Time: Avoiding “Janitorial” Legal Work

Gust

When meeting with early stage entrepreneurs for the first time, after reviewing a demo or hearing their pitch, I often ask them to articulate what they’re most focused on building. I don’t fault entrepreneurs for relegating startup legal work to the bottom of their daily triage list; founders are spread incredibly thin. Good stuff!

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Can Your Startup Flourish Despite Business Chaos?

Gust

I “second the message” that chaos never subsides, from a couple of successful entrepreneurs, Clate Mask and Scott Martineau, in their book “ Conquer the Chaos.” Don’t count on your IP to save you. Even great entrepreneurs are amazed at how fast this can lead to a non-recoverable situation. Employees stop innovating.

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You are the Best One to Build Your Startup Brand

Gust

As an entrepreneur, it’s never too early to start selling yourself and your idea. I hear lots of excuses from startup founders, like “I’m too busy,” concern over IP security, can’t afford an agency, and it’s too early. Try to think like a reporter, editor, or producer, analyze their audience, and come up with “the hook.”

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Copywrong Again: Founding the Next Pinterest or Napster?

Gust

Copyright is not the only type of IP right implicated — and others such as rights of privacy and publicity become increasingly relevant in the age of social media — but it provides many of the most accessible examples. ” To the entrepreneur building a startup, the last two points are the ones that really matter.

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Bad Notes on VC

Gust

Me: Raising convertible notes as a seed round is one of the biggest disservices our industry has done to entrepreneurs since 2001-2003 when there were “full ratchets” and “multiple liquidation preferences” – the most hostile terms anybody found in term sheets 10 years ago. It’s like we need a finance 101 course for entrepreneurs.