Startup Professionals Musings

AUGUST 4, 2014

Two heads are better than one, so the first task in many startups is finding a co-founder or two. Giving a co-founder a salary won’t get you the “fire in the belly” you want. Each co-founder should get equity for value, based on these key variables: Lived a key role in a previous startup. Amount of venture funding provided.

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Cofounder Stock Founder Technical Cofounder 261

Startup Professionals Musings

SEPTEMBER 16, 2023

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 classic 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 261

Intellectual Property Entrepreneur Angel Groups Social Media 261

Startup Professionals Musings

MAY 22, 2020

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 436

Technical Review Due Diligence Sweat Equity Burn Rate 436

Startup Professionals Musings

MAY 1, 2023

Your idea is not intellectual property yet, so it has no inherent value. The CTO of many technical startups was the original founder. Key to required patents or trade secrets. In many cases, one of the cofounders may bring some work in progress that can be patented, trademarked, or copyrighted.

Technical Cofounder 247

Technical Cofounder Equity Distribution Cofounder 247

Startup Professionals Musings

FEBRUARY 18, 2023

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 207

Sweat Equity Burn Rate Technical Review Intellectual Property 207

Gust

JANUARY 4, 2012

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. I’m proud to contribute to the effort and always enjoy reading what the other authors have to say.

Intellectual Property 143

Intellectual Property IP Startup United States 143

The Startup Magazine

AUGUST 21, 2023

With so many other challenges to address, many founders regard using a lawyer to draft bespoke commercial contracts as a luxury rather than a necessity. Intellectual property rights When it comes to intellectual property rights (IPR), it’s essential that your contracts properly reflect your intentions.

Technical Review 111

Technical Review Intellectual Property Due Diligence Early Stage 111

YoungUpstarts

NOVEMBER 3, 2020

by Erin Yurday, CEO, Co-founder and Editor of NimbleFins. Violating intellectual property rights. But even if you are not working in a creative field, intellectual property rights are something that should concern you. Here are the five risks you as a consultant should know about.

Intellectual Property 165

Intellectual Property Software Review Cofounder Architecture 165

Startup Professionals Musings

NOVEMBER 28, 2020

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 classic 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 404

Intellectual Property Startup Angel Groups Social Media 404

Startup Professionals Musings

AUGUST 8, 2014

Recently, Ive seen a lot of discussion about bringing the work back home, since costs have gone up in less-developed countries, there are issues with intellectual property, and time zone and language differences make management difficult. Keep intellectual property keys in-house.

Intellectual Property 238

Intellectual Property Non-disclosure Agreement Software Review Offshore 238

Up and Running

JULY 28, 2022

Secure your intellectual property. Intellectual property (IP) is anything created by the human intellect that’s protected by the law from unauthorized use by other people. Commercial property insurance: Covers machine or building used for business operations except for damage caused by earthquakes and floods.

Small Business 167

Small Business Intellectual Property Cofounder Software Review 167

Startup Professionals Musings

SEPTEMBER 10, 2018

I always tell entrepreneurs that two heads are better than one, so the first task in many startups is finding a co-founder or two. Giving a co-founder a salary won’t get you the “fire in the belly” you want. Each co-founder should get equity for value, based on these key variables: Lived a key role in a previous startup.

Equity 238

Equity Cofounder Technical Cofounder Intellectual Property 238

The Startup Magazine

APRIL 2, 2020

Whenever you get into any kind of legal dispute, whether it’s an intellectual property claim, a tax audit, or a lawsuit from a disgruntled customer or former employee, the best tool in your arsenal is written records. Protect your intellectual property. Be able to prove due diligence whenever you can.

Software Review 114

Software Review Intellectual Property Limited Liability Company IP 114

Up and Running

MARCH 12, 2019

For a lot of non-technical founders—that is, entrepreneurs with a business idea but without technical expertise— sourcing software development talent is critical. As a result, a lot of founders are turning to international outsourcing. So how can you protect your intellectual property when you outsource software development work?

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IP Software Developers Software Development Intellectual Property 80

Startup Professionals Musings

JULY 11, 2012

Intellectual property content. Some country cultures have little appreciation for software as intellectual property. Protect your intellectual property. If the software is ancillary to your mission, proceed through the rest of these considerations. Technology level.

Intellectual Property 222

Intellectual Property Non-disclosure Agreement Non-Compete Vietnam 222

YoungUpstarts

MARCH 7, 2016

Understanding the four main types of intellectual property is a preliminary step to intellectual property acumen as patents, trademarks, trade secrets and copyrights each have their own legal protections. Does my company own its intellectual property? What should my IP strategy be?

Intellectual Property 100

Intellectual Property NDA IP Early Stage 100

Startup Professionals Musings

APRIL 3, 2023

This myth is fostered by the long-standing emphasis on intellectual property, making a creative idea proprietary to the person who thought of it. People who have the confidence in themselves and work the hardest on a problem are the ones most likely to come up with a creative solution. Originality myth.

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Founder Intellectual Property Startup Flash 318

Startup Professionals Musings

JANUARY 20, 2016

Recently, I’ve seen a lot of discussion about bringing the work back home, since costs have gone up in less-developed countries, there are issues with intellectual property, and time zone and language differences make management difficult. Keep intellectual property keys in-house.

Intellectual Property 120

Intellectual Property Non-disclosure Agreement Software Review Technical Review 120

The Startup Magazine

FEBRUARY 21, 2024

Arif Bhalwani is the co-founder and CEO of Third Eye Capital (TEC) in Toronto, Canada. This could involve leasing out unused space, selling off non-core assets, or finding innovative ways to monetize intellectual property or data. The firm has made more than $4.5

Technical Review 133

Technical Review Due Diligence Bankruptcy Intellectual Property 133

Startup Professionals Musings

APRIL 17, 2011

Intellectual property content. Some country cultures have little appreciation for software as intellectual property. Protect your intellectual property. If the software is ancillary to your mission, proceed through the rest of these considerations. Technology level.

Intellectual Property 225

Intellectual Property Non-disclosure Agreement Non-Compete Vietnam 225

Steve Blank

APRIL 23, 2014

If they decide to buy, large companies can: license/acquire intellectual property. Companies that acquire startups for their intellectual property, teams or product lines are acquiring startups that are still searching for a business model. Five Types of Innovation to Buy. Predicting Success or Failure of an Acquisition.

Acquisition 332

Acquisition Intellectual Property Silicon Valley Startup 332

YoungUpstarts

NOVEMBER 27, 2013

A startup with more than one founder doesn’t have a founder’s agreement. Intellectual Property, the core of the business, is not protected. Your intellectual property is the backbone of your business. The problem is that this informality can become a liability as a business grows.

Intellectual Property 215

Intellectual Property Framework Technical Review Social Media 215

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.

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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. Intellectual property as barrier to entry. Proclaim your solution as a paradigm shift.

Intellectual Property 334

Intellectual Property Angel Investor Matching Founder 334

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

Women Entrepreneurs Can

SEPTEMBER 6, 2020

At the beginning of the venture, you must see to it that you have prepared the documents that lay out the arrangements between founders, investors, and shareholders. Legally Secure Your Intellectual Property Position. It is highly imperative that you conduct intellectual property clearance searches. Hire a Lawyer.

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Intellectual Property Startup Government Technical Review 59

Women Entrepreneurs Can

NOVEMBER 26, 2018

In the rush to get your business off the ground, you might neglect the need to protect your intellectual property. But if your intellectual property is original and differentiates you from your competition, it will be one of the most valuable parts of your business. Christopher Heer is the owner and founder of Heer Law.

Intellectual Property 40

Intellectual Property Early Stage Startup Security 40

Startup Professionals Musings

JANUARY 31, 2020

Inventors follow a structured process to assemble and test solutions, file patents for intellectual property protection, and define production details. Someone has to have the skill and discipline to turn these dreams into reality. Provides the focus to balance entrepreneur distractions.

Founder 312

Founder Intellectual Property Dilution Startup 312

YoungUpstarts

MAY 22, 2016

If you are developing your startup with a partner or co-founder, failing to create a detailed business partnership can cause serious legal ramifications later. Rights to buy back shares of co-founders if they decide to leave the company. Taking appropriate action for intellectual property protection. Salary entitlements.

Intellectual Property 124

Intellectual Property Startup Cofounder Technical Review 124

YoungUpstarts

NOVEMBER 19, 2020

Does it have a niche or intellectual property? Michelle Seiler Tucker is the author of “ EXIT RICH: The 6 P Method to Sell Your Business for Huge Profit “ and the Founder and CEO of Seiler Tucker Incorporated. Products are the products or services that are offered by your company. Is your product thriving or dying?

Exit Strategy 246

Exit Strategy Intellectual Property Valuation Metrics 246

Startup Professionals Musings

NOVEMBER 30, 2015

A popular approach these days seems to be for founders to regale investors early with a pitch touting the newest “million-dollar idea.” If your strength is technology, find a co-founder who has a comparable strength in business, finance or marketing. Register some intellectual property to provide a barrier to entry.

Intellectual Property 120

Intellectual Property Entrepreneur Preferred Stock Stealth 120

Startup Professionals Musings

APRIL 21, 2023

Savvy investors tell me that startup founders who claim to have never failed are either lying or have never tried anything innovative. Creating intellectual property, including patents, is the kay to long-term value and a sustainable competitive advantage. No risk, no innovation. Failure is the best teacher. New product process.

Intellectual Property 343

Intellectual Property Metrics .Net Social Network 343

Startup Professionals Musings

APRIL 4, 2010

Intellectual property content. Some country cultures have little appreciation for software as intellectual property. Protect your intellectual property. If the software is ancillary to your mission, proceed through the rest of these considerations. Technology level.

Software 129

Software Intellectual Property Non-disclosure Agreement Non-Compete 129

Up and Running

DECEMBER 27, 2018

Dan Brown, the inventor of Bionic Wrench and founder of Logger Head Tools, is a prime example. Nathan Myhrvold, former CTO of Microsoft and co-founder of Intellectual Ventures. It’s worth mentioning that companies like Acacia Research and Intellectual Venture are considered Non-Practising Entities (NPEs).

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Intellectual Property Technical Review Due Diligence Cofounder 93

Steve Blank

JANUARY 28, 2014

Kauffman just launched Founders School - a new education series to help entrepreneurs develop their businesses during the startup stage by highlighting how startups are different from big companies. After weeks honing the script and days of filming, I’m honored to present the “ Startups ” section of Founders School.

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Founder Intellectual Property Lean Customer Development 327

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