Steve Blank

article thumbnail

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.

article thumbnail

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. _. That changed when I joined the board of a startup, and we sued Microsoft and Sony on the same day for patent infringement – and won $120 million. Types of Intellectual Property Protection.

Insiders

Sign Up for our Newsletter

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

article thumbnail

I-Corps @ NIH – Pivoting the Curriculum

Steve Blank

Activities cover clinical trials, FDA approvals, Freedom to Operate (IP, Licenses) software development, drug or device design, etc. Resources may be CRO’s, CPT consultants, IP, Financial or Human resources (regardless of whether they’re consultants or employees.).

article thumbnail

Corporate Acquisitions of Startups: Why Do They Fail?

Steve Blank

What gets lost when a large company looks at the rationale for an acquisition (IP, team, product, users) is that startups are run by founders searching for a business model. If the startup is acquired for its IP, talent or revenue, it should be rapidly integrated into the acquirer. Lessons Learned.

article thumbnail

Technology, Innovation, and Great Power Competition – Class 8 – Cyber

Steve Blank

IP & Protected Personal Information Theft. Update to the IP Commission Report: The Theft of American Intellectual Property: Reassessments of the Challenge and United States Policy ” The Commission on the Theft of American Intellectual Property , 2017. Graff, “ China’s Hacking Spree Will Have a Decades-Long Fallout ” WIRED , Feb.

article thumbnail

Lessons Learned in Diagnostics

Steve Blank

It includes reimbursement, regulation, IP, validation, channel access, etc. It will “sell itself” A business is much more than just good science: it is about customers seeing value and being willing to pay and proper validation and reimbursement coding and … A successful business is the sum (and integration!)

Lean 240
article thumbnail

Tune In, Turn On, Drop Out – The Startup Genome Project

Steve Blank

Founders overestimate the value of IP before product market fit by 255%. . Balanced teams with one technical founder and one business founder raise 30% more money, have 2.9x more user growth and are 19% less likely to scale prematurely than technical or business-heavy founding teams.