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

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

Startup Professionals Musings

NOVEMBER 21, 2016

They expect to hear about founders and team member’s prior experience in building a startup, and knowledge in the relevant solution domain. Terms “paradigm shift” or “disruptive technology” used more than once. Investors read this as an excuse for no real intellectual property or innovation. Sleeping giants do wake up.

Intellectual Property 120

Intellectual Property Valuation Technical Review Equity 120

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

Up and Running

NOVEMBER 19, 2015

Nearly all businesses, whether they are small or large, are comprised of intellectual property (IP) and trade secrets, which can serve as the foundation for commercial success. The World Intellectual Property Organization defines IP as, “creations of the mind,” which, depending on the business, can take many forms.

Intellectual Property 60

Intellectual Property Business Plan IP Early Stage 60

David Teten

DECEMBER 3, 2019

When I met my now-wife, I realized that any technology that can find me a spouse is a killer app. I’d argue that the same type of technologies that have revolutionized dating can revolutionize our industry. . I walk through below how progressive investors are using technology and analytics throughout all of their operations.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Startup Professionals Musings

APRIL 10, 2016

Every startup founder loves to prompt for questions from investors and potential key team members about their vision, and the huge opportunity that can be had with their disruptive technology. Most founders like to talk about their many months or years of sweat-equity , but cash invested is a stronger commitment.

Sweat Equity 120

Sweat Equity Burn Rate Technical Review Intellectual Property 120

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. I usually envision a 50-50 ownership split for their efforts, but every engineer believes the technology side deserves the majority share. Most founders bootstrap product development.

Technical Review 120

Technical Review Intellectual Property Cofounder Bootstrapping 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

SEPTEMBER 29, 2023

Every business needs marketing, distribution, a positive revenue model and intellectual property to survive. Another great learning opportunity and win-win deal is to co-founder a new high-tech startup team. You have proven that you can create an innovative product, but creating a business is a whole new challenge.

Intellectual Property 243

Intellectual Property Matching Business Model Cofounder 243

Startup Professionals Musings

MAY 27, 2016

That may be an extreme case, but I’ve found that even with the proposals that include compelling paradigm shifts in technology, a hard look at the entrepreneur is often the most significant due-diligence that an investor can undertake. Even social entrepreneurs need milestones, quantifiable results, and revenue to sustain their value.

Technical Review 134

Technical Review Intellectual Property Due Diligence Angel Investor 134

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 27, 2018

Dan Brown, the inventor of Bionic Wrench and founder of Logger Head Tools, is a prime example. It partners with many companies/inventors and splits the licensing revenue 50-50. Intellectual Ventures is another such company. Nathan Myhrvold, former CTO of Microsoft and co-founder of Intellectual Ventures.

Intellectual Property 93

Intellectual Property Technical Review Due Diligence Cofounder 93

Startup Professionals Musings

APRIL 8, 2015

Every startup founder loves to prompt for questions from investors and potential key team members about their vision, and the huge opportunity that can be had with their disruptive technology. Most founders like to talk about their many months or years of sweat-equity , but cash invested is a stronger commitment.

Technical Review 120

Technical Review Due Diligence Sweat Equity Burn Rate 120

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

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. Incorporating a business entity early through online services.

Intellectual Property 120

Intellectual Property Startup Angel Groups Social Media 120

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

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. Startup founders will inevitably end up paying more in total costs and time with lawyers that are less proficient at drafting a patent application. What is a patent strategy?

Technical Review 88

Technical Review Portfolio Startup Intellectual Property 88

Startup Professionals Musings

MAY 20, 2023

Thus I often recommend that entrepreneurs keep their day job until the startup is producing revenue. Two cofounders, both working part-time are actually better than one founder full-time. On the other hand, if you have a new technology, with patent applied for, maybe you more time to get it right.

Intellectual Property 275

Intellectual Property Cofounder Salary Metrics 275

Gust

OCTOBER 20, 2011

In 2011, the valuation of pre-revenue, start-up companies is typically in the range of $1.5–$2.5 Such comparisons can only be made for companies at the same stage of development, in this case, for pre-revenue startup ventures. As can be seen the average (mean) pre-money valuation for recent pre-revenue deals is $2.1

Valuation 146

Valuation Pre-Money Valuation Intellectual Property Technical Review 146

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

Startup Lessons Learned

AUGUST 26, 2020

Jake Soberal and Irma Olguin started Bitwise in 2013 with the idea that the technology industry could be used to fix a city--in their case, Fresno, CA. Our fundamental thesis is that people of color, women, communities of concentrated poverty, have immense talent to contribute to the technology industry," Jake explained to me. "In

Fresno 60

Fresno Community Technology California 60

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

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

Startup Professionals Musings

JANUARY 16, 2021

Every business needs marketing, distribution, a positive revenue model and intellectual property to survive. Another great learning opportunity and win-win deal is to co-founder a new high-tech startup team. You have proven that you can create an innovative product, but creating a business is a whole new challenge.

Intellectual Property 328

Intellectual Property Matching Business Model Cofounder 328

Startup Professionals Musings

AUGUST 24, 2020

Thus I often recommend that entrepreneurs keep their day job until the startup is producing revenue. In fact, these suggestions have tremendous value, even if you are dedicated and committed full-time to your new startup: Find a co-founder who can keep you balanced. You can’t move fast enough on a part-time basis to win in these areas.

Intellectual Property 376

Intellectual Property Cofounder Startup Salary 376

SoCal CTO

MAY 15, 2009

Just a quick note that I'll be moderating a Technology Council Event : Social Networking as a Business Strategy May 19, 2009 - Culver City Social networking media are used on a daily basis to grow businesses and expand career opportunities. and before that, Co-founder and Senior Vice-President at Clearview Networks, Inc.

Social Network 150

Social Network Networking Los Angeles Fractional CTO 150

VC Cafe

APRIL 15, 2024

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. It could help bring back some of that classified ad revenue that was lost. What do you think?

Generative AI 142

Generative AI Media Artificial Inteligence Vertical 142

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

OCTOBER 12, 2018

Thus I often recommend that entrepreneurs keep their day job until the startup is producing revenue. In fact, these suggestions have tremendous value, even if you are dedicated and committed full-time to your new startup: Find a co-founder who can keep you balanced. You can’t move fast enough on a part-time basis to win in these areas.

Intellectual Property 256

Intellectual Property Entrepreneur Cofounder Salary 256

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

Both Sides of the Table

OCTOBER 17, 2019

It proved to be fortuitous because it allowed me the time & space I needed to get to know tons of founders and VCs and to hone my craft. I mentioned that we sold our position in Kyriba for > $1 billion but when we invested it had virtually no revenue. We now serve many large clients like Dish Networks, Dignity Health, and U.S.

IP 223

IP Intellectual Property IRR Cofounder 223

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

Steve Blank

MARCH 31, 2014

Companies horde cash and squeeze the most revenue and margin from the money they use. If they don’t, then the management team has simply become caretakers of the founders’ legacy. To buy innovation companies can buy intellectual property, acquire great teams, buy-out another company’s product line or even buy entire companies.

Private Equity 325

Private Equity Metrics China Intellectual Property 325

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

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

Austin Startup

FEBRUARY 21, 2011

The Austin Technology Incubator is hiring for these positions, so make sure to apply now. Interested in being part of the entrepreneurial and startup ecosystem in Austin? Here are two awesome-sounding jobs that will remain posted till Wednesday, so please check them out promptly. ATI On Campus “Assistant Director&#.

Technical Review 70

Technical Review Intellectual Property Incubator Due Diligence 70