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Santa Barbara-based RightSignature , the provider of electronic signature services, as well as one of its customers--Farmers Insurance--has just been sued by competing electronic signature service RPost. According to a filing with the Texas Eastern District Court, RPost claims patent infringement over 4 different patents owned by the company.
Costa Mesa-based Emulex reported Thursday afternoon that it has been ordered to pay $387,922 to Irvine-based Broadcom , in a partial verdict in a patent infringement lawsuit. District Court for the Central District of California, which found that certain serial/deserializers used by Emulex infringed upon patents owned by Broadcom.
Santa Barbara-based Yardi , the developer of real estate and property management software, looks to have scored a win in a patent lawsuit against RealPage , a developer of cloud-based software for the rental housing industry. READ MORE>>.
Patents held by startups generally have a limited ability to reduce competition. The average time required to obtain a patent is 36-to-40 months, during which there is no guarantee your adVenture will ultimately receive patent protection. Even if you are granted a patent, the scope of your claims may be significantly denuded.
San Diego-based Qualcomm has entered into a Chinese patent licensing agreement with Yulong Computer Telecommunication Scientific (Shenzhen) Co., covering its 3G and 4G patents, according to the company. Qualcomm said the royalty-bearing patent license covers development, manufacturing, and sales of. READ MORE>>.
Green Dot said the patent relates to its use of geolocation for creating customized user experiences, as well as for risk management and fraud prevention. The patent names Samuel H. Green Dot was represented by Arent Fox LLP in the patent filing. Altman, Nicholas T. Potter, and Thomas B. READ MORE>>.
Test yourself as to whether you can identify the size of your market niche, and whether you can overcome the many barriers to access customers within your niche. A core patent or “thicket” of patents protecting your offering? A strategic relationship with one or more of the largest customers? Are margins high enough?
Test yourself as to whether you can identify the size of your market niche, and whether you can overcome the many barriers to access customers within your niche. A core patent or “thicket” of patents protecting your offering? A strategic relationship with one or more of the largest customers? Are margins high enough?
An invalidated patent or one deemed to infringe the rights of another party can devastate a startup. Defensible Claims - Some companies take pride in the number of patents they own. However, there is not a direct correlation between a patent portfolio’s value and the number of patents which comprise the portfolio.
The companies said that Fuisz has acquired several strategic patents related to interactive video technology from IV, and has become a customer of IV''s patent defense program. Financial details of the patent licensing deal were not announced. recognition video licensing patent ventures intellectual media fuisz'
Unfortunately, for most solution markets, early adopters represent only 10 to 15 percent of the total opportunity, so it’s easy to get mislead on the real requirements of mainstream customers. The good news is that early adopters are never reluctant to sign up as beta customers and will provide you early feedback on product quality.
By definition, your core is your intellectual property foundation, the thing that makes your business most valuable to customers, investors and perhaps someday to potential buyers. Email readers, continue here.] Sometimes we protect our core with effective branding and marketing.
Young entrepreneurs often are so excited by new technology or their latest invention that they forget to translate it into a value proposition that their customers or potential investors can understand. Customer data integrity and security. business customer values entrepreneur startup technology solution' Payback on investment.
Much has been written recently about the requirement to focus today on the total customer experience, as a competitive edge or even for survival. The challenge I hear from savvy business owners and entrepreneurs operating on a shoestring is that providing a superior customer experience costs money.
He wanted to build direct customer relationships to get product feedback but only 2% of customers would ever return their registration cards. So when he saw the browser it instantly dawned on him that this would be the greatest customer development tool ever. We talked about patents.
Unfortunately, for most solution markets, early adopters represent only 10 to 15 percent of the total opportunity, so it’s easy to get mislead on the real requirements of mainstream customers. The good news is that early adopters are never reluctant to sign up as beta customers and will provide you early feedback on product quality.
Among other updates the firm added to its S-1 filing, the firm reported it now has eight patents granted--up from five--for its intellectual property, and an additional sixteen pending in the United States and other jurisdictions. According to the new S-1, it has awarded grants to officers to acquire 11.7
When someone says Intellectual Property (IP), most entrepreneurs think only of patents. In reality, patents are only one of at least eight items that should be in your IP portfolio. Significant differences will confuse your customers, and open the door to imitators and scam artists. Internet domain name. This name (www.
Disclosures relative to patents. Entrepreneurs should never disclose the details of a planned or current patent application to any outsiders, even with a CDA in place. Product details in the public domain can never be patented. Sharing trade secrets. Sharing trade secrets. Select a reasonable agreement duration.
Can tapping the power of the crowd not only help you find customers and help fund your project, but also help you shape your startup idea and find funding? We offer up those ideas and patents to any user on the Internet, and they can sign up on the site to work with the entrepreneur on the idea. and NASA, as well as universities.
One way to mitigate this is by using early money to create a prototype, to perform market research, to complete the first generation of the product, or to deliver the service to a satisfied customer. Second: Market risk. Are you ahead or behind the market with your product or service? And fifth: Competitive risk.
You may think that patents and copyrights are not required, since your products are so innovative, but you will find that competitors are quick to copy your idea if you don’t protect it. Although Elon Musk doesn’t talk about it very much, he owns over 350 patents through Tesla, just one of his many companies.
Test yourself as to whether you can identify the size of your market niche, and whether you can overcome the many barriers to access customers within your niche. A core patent or “thicket” of patents protecting your offering? A strategic relationship with one or more of the largest customers? Are margins high enough?
Don’t forget to consider customer alternatives, like trains versus airplanes. These days, you can find existing patents and trademarks through Google and the US Patent Office online site without spending thousands of dollars with your favorite patent attorney. Check for intellectual property barriers in your way.
By definition, your core is your intellectual property foundation, the thing that makes your business most valuable to customers, investors and perhaps someday to potential buyers of the business. Patents, branding, marketing and more.
headquarters in Irvine--over multiple patent infringement claims. An ITC judge ruled in July that Hytera had infringed on four patents held by Motorola Solutions. Motorola had sued Hytera--which is based in China but has its U.S. READ MORE>>.
Broadcom said the move will help it provide a "broader solution portfolio" to its customers. In addition to the acquisition, the two said QLogic will license certain Broadcom patents to cover its Fibre Channel products for $62M. READ MORE>>. qlogic ethernet broadcom merger acquisition intellectual property networking hardware'
Pitching app developers with a new way to convert app browsers into actual customers, AppOnboard has raised $15 million in a new round of funding, the company said. Zweig claims that conversion rates have increased significantly for the companies that pay a fee for his company’s service.
In other words, inventions are necessary but not sufficient to create real value for investors and customers. You need a viable business model and customers. Investors expect proof that your invention can be manufactured in volume, and can justify a sales price at least double the cost, to a large customer set that has money to spend.
It might be a patented technology, but it could also be the creativity of employees or logistic competencies of the company. Van Den Berg and Pietersma point out that strategic planning no longer works as a static event that occurs once a year. What can you be the best in the world at? What drives the economic engine?
Truly satisfied customers are a joy to every business person. Working on that unique design, or completing the breakthrough for an innovative patent, are moments of inspiration that you will never forget, especially if they become your competitive edge. Your own learning should be the biggest inspiration of all.
Here are five key ones to celebrate: Enjoy the feedback from every satisfied customer. Talking to real customers is the best way to keep your inspiration alive, as well as the best way keep on track with changing trends and future innovation ideas. Watch that patent provide a real barrier to competitive entry.
The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. If you don’t have a high level of commitment and passion, you customers won’t seek you out.
Many businesses have found that raising the price of a product to give it status can win more customers than a price war. If you study the Amazon 1-click patent long enough, you’ll likely find something of your own worth patenting. Ten customer referrals is better than “no complaints.” Think the unthinkable.
Beyond that, I want lots of conversations with experts, users, customers, VCs, partners, etc. NDAs or Other Protection So you decide you want to be able to share with experts, users, customers, VCs, partners, etc. Some resources on this: Intellectual Property is More Than Patents Does My Startup Have Intellectual Property?
They are looking for startups that have a sustainable advantage over direct and indirect competitor offerings, as well as obvious value to customers living without your product today. Non-specific terms, like better usability and low cost don’t incite customers to action these days. Investors check connections.
Young entrepreneurs often are so excited by new technology or their latest invention that they forget to translate it into a value proposition that their customers or potential investors can understand and relate to. Customer data integrity and security. This priority applies to big companies, as well as startups. Martin Zwilling.
Deal rooms contain access to or copies of all significant contracts with suppliers, customers, consultants, and others. Copies of intellectual property filings such as patents, copyrights and trademarks, all owned URL addresses, and even copies of source code, may be resident in the deal room, dependent upon the type of buyer.
What I want to hear is an innovative marketing and growth strategy that will set you apart in the minds of investors, as well as customers. Today’s customer is especially attracted to companies like TOMS , who donates a pair of shoes for every pair they sell, or Patagonia, with its support for grassroots environmental groups.
Value factors include your related product breadth and depth, relationships with thought leaders, key vendors, and large potential customers. Key to required patents or trade secrets. In many cases, one of the co-founders may bring some work in progress that can be patented, trademarked, or copyrighted.
You have done everything to register your brand legally , including domains, copyrights, patents, and trademarks. For example, a few years ago Wells Fargo seriously damaged its brand trying to grow the business by creating accounts without proper customer consent. Never argue with customers, public or private.
Beyond that, I want lots of conversations with experts, users, customers, VCs, partners, etc. NDAs or Other Protection So you decide you want to be able to share with experts, users, customers, VCs, partners, etc. Some resources on this: Intellectual Property is More Than Patents Does My Startup Have Intellectual Property?
We''ve put a spin on this, where you can use your own personalization or custom designs for your own Bluetooth headset, just like you would create a personalized case for your smartphone. Our quality is up there with the top makers, but we''re different because no one else is putting a spin on this with fashion and customization.
After doing the work for an internal event for them, that led to external, customer-facing launch events around the country. We present the best solution for a customer and their needs, and we work with the top EV charger manufacturers and software providers to accomplish that We coordinate everything needed for an event.
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