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Social Networking and Business Value

SoCal CTO

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. Can social networking be a money-maker for companies?

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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.) 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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10 Entrepreneur Milestones That Make Funding Easy

Startup Professionals Musings

Register some intellectual property. Intellectual property is a large element of most early-stage company valuations, and this value determines what percent of the company an investor will expect to get for his money. Without revenue, your investors are largely limited to friends, family and fools.

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10 Keys To Real Innovation In Your Next New Business

Startup Professionals Musings

The most common proposals I hear are for yet another social networking site ( 200 on Wikipedia ), or another dating site/app ( over 1500 in the USA ). Creating intellectual property, including patents, is the kay to long-term value and a sustainable competitive advantage. Business risks are not just development risks.

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10 Keys to Startup Traction That Investors Look For

Startup Professionals Musings

Register some intellectual property. Intellectual property is a large element of most early-stage company valuations, and this value determines what percent of the company an investor will expect to get for his money. Without revenue, your investors are largely limited to friends, family and fools.

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6 Reasons Starting Another Dating Site May Be Tough

Startup Professionals Musings

So sites have to invest heavily in viral marketing to achieve critical mass, which competes with current social networks, while users expect to join both for free. Intellectual property is tough. Social networks. It’s hard to invent and patent more “scientific” methods on how to match people.

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10 Entrepreneur Comments That Kill Investor Deals

Startup Professionals Musings

The hot term these days is “viral marketing”, meaning we won’t do any marketing, but our product is so great that everyone will know about us anyway by word of mouth and through Internet social networks. We have no competitors.” VCs and angel investors hear this one all the time. More features than anyone.”