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Is a Venture Studio Right for You?

Steve Blank

They then transfer the IP and build the startup inside the venture studio. A niche studio is a standalone venture studio that generates its own ideas and IP in a specific industry and domain – for example Flagship Pioneering , which is focused on health care and incubated LS18 — the company that became Moderna.

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Someone Stole My Startup Idea – Part 3: The Best Defense is a Good IP Strategy

Steve Blank

Early on in my career I took a “we’re moving too fast to deal with lawyers” attitude to patents and Intellectual Property (IP.) Type of IP. _. If you hire subcontractors or friends to do some work, get assignment agreements as well.). For some of these assets, you get protection automatically. What is Protectable. _. In the U.S.

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13 Critical Small Business Legal Requirements to Start a Business

Up and Running

Small Business Administration , an organization is considered to be a small business if their: Firm revenue ranges from $1 million to $40 million Number of employees is between 100 and 1,500. You’ll need the EIN to pay taxes for your business, apply for licenses and permits, open a bank account, and hire and pay employees.

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The State of Gaming in 2022

VC Cafe

NPD reported on Friday that consumers spent 10% less in the first six months of 2022 than they did during the same time period last year, with game industry revenue down to $26.3 While mobile game revenue was down 6.6% In addition, several gaming companies announced layoffs, including Unity and Niantic and many others froze hiring.

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Corporate Acquisitions of Startups: Why Do They Fail?

Steve Blank

buy out an entire company for its revenue and profits. In response, venture capital firms like Sequoia and Andreessen/Horowitz are hiring new partners just to work with their portfolio companies and match them to corporations. The founding team is testing for the right combination of product, market, revenue, costs, etc.

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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.

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The top 10 companies investing billions in the Metaverse

VC Cafe

billion revenue in 2021 for Epic Games and was played by 83.3 It goes beyond the change of name, to reflect the company’s intention to become fully metaverse focused within 5 years – Facebook is investing billions and hiring 1,000 people in EMEA to build their vision for our future online social interactions.

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