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This series describes how entrepreneurs can craft company-changing agreements with BDCs, while avoiding Kiss of Death contract provisions. Intellectual Property (IP) provisions should ensure that both parties maintain the IP rights that they respectively own at the outset of the relationship.
IP Confusion – Questionable ownership of key intellectual property, including non-exclusive licenses, potential infringement of a third party’s technology and/or inappropriate use of open-source tools. As such, make it easy for investors to unequivocally evaluate the veracity of your venture's IP.
San Diego-based Althea Technologies , a contractdevelopment and manufacturing firm for the biopharmaceuticals industry, said today that it has acquired the assets and IP portfolio of Altus Pharmaceuticals. Tags: pharmaceuticals altus lifescience acquisition merger manufacturing contract technologies althea.
Would you want to run the risk that your former employer could have a claim against the intellectual property you’ve created because you broke company policies and developed your ideas on company resources? Make sure you own your IP. Not worth it. This is a BIG mistake many early stage companies make. Assemble a team.
Carlsbad-based ViaSat , which develops satellite communications and other wireless networking technology, has been awarded $49.3M Specifically, Viasat said the award came from Acacia's breach of contract and unauthorized use of its soft decision forward error correction (SDFEC) technology. in a lawsuit against Acacia Communications.
First Principles. Steve Blank , January 25, 2010 10 Tips for Adding Game Mechanics to a Non-Gaming Service - ReadWriteStart , September 21, 2010 Startups & VCs: Learn How to Design, Market, & Eat Your Own. -
Pasadena-based FastSoft , the Caltech spinoff which is developing Internet acceleration devices, has recently signed on ReSource Pro, a business process outsourcing firm for the insurance agency, the firm told socalTECH. Tags: fastsoft fasttcp caltech business process outsourcing software. READ MORE>>.
Importantly, make sure that you retain IP rights to your custom work which needs to be part of the engagement contract. At a minimum co-ownership of the IP. If not specified in contract you might find yourself with future litigation over IP. Integrate PS Work Into Sales & Marketing Processes.
Thus, you must first create the playbook by which an independent sales rep can readily sell your product, including: identifying objections and developing strategies to overcome them, creating reference accounts and establishing meaningful customer adoption. 2) Secure Your Intellectual Property Too Early. 3) Attempt To License An Idea.
During the down market they were able to double down on recruiting, sales, outsourcing, new market entries and marketing (yes, with Tiger ads ). It’s why as an investor I look for talented teams with long-term vision, a unique point-of-view, differentiated IP and a desire to build something enduring.
If you're an application developer, sending emails through your application can be a chore. Jim Franklin: Web developers are good at building web applications. Our users are web develops, and technical people, who are the companies who are applying to TechStars, and who closely follow TechStars as a community.
The third piece of our business, is we''ve developed the infrastructure, technology, and methodology to discover content, and put it into our own, salesforce like system, which allows our researchers to pick out videos, track down the content creators, and do all of the contracting through the system.
If you're FreedomPop , the Encino-based startup, you start by offering up free 4G wireless data access, and then expand to offer free, voice-over-IP services, along with home-based wireless Internet services. How do you go about trying to completely disrupt the entire telecom industry? Freemium creates a better conversion rate.
One of the readers asked my opinion around sharing your startup concept: My first question has always been - how do you protect your idea while shopping around for feedback, partners, developers, etc.? The Top Five Reasons Entrepreneurs Should Learn About IP Law What Can a Well Drafted Contract Do For Your Company?
One of the readers asked my opinion around sharing your startup concept: My first question has always been - how do you protect your idea while shopping around for feedback, partners, developers, etc.? The Top Five Reasons Entrepreneurs Should Learn About IP Law What Can a Well Drafted Contract Do For Your Company?
Earlier this month, Los Angeles-based Catalog (www.catalog.cc), a startup developing artificial intelligence software to help independent visual artists scale their content production efforts, announced it raised $1.5M That system allows us to arrange shoots and coordinate with contracted talent to produce that content. from Moonshots.
If you spent the 3 years perfecting some hugely differentiated technology IP that may also be different. Gross margins at 66% is fine (they’re selling through a reseller who takes a 33% margin) but their sales aren’t yet large enough to cover the costs of their IT development team + management + marketing + office costs, etc.
For example, if a contract is disputed, you have various layers of protection--there's a digital archive of the original and the completed contract. He had a contract which went South, where they couldn't find a paper copy, and they really got hurt in the settlement of a legal challenge. Obie Fernandez gave us a good one.
What I love about my job is getting to see teams of super-early-stage companies develop ideas that while raw have potential to make an impact on the market. This happens because many CEOs are passionate, market-driven people who are constantly trying to launch new products, win contracts, get press, hire staff and woo VCs.
Develop your financial projections. Hire only for those positions you actually need and rely on contract staff, part-time employees, and freelancers for as much as you can. Protect yourself by clearly outlining confidentiality, termination provisions, and IP ownership in employee contracts and hiring documentation.
It's a fairly straightforward system design, and is essentially what Urenco developed. When their parent firm pulled up support for that company in 2004, they went out of business, but the technology and the IP lived on. In the New York Power Authority contract, the use was halfway between two substations.
Develop your financial projections. Hire only for those positions you actually need and rely on contract staff, part-time employees, and freelancers for as much as you can. Protect yourself by clearly outlining confidentiality, termination provisions, and IP ownership in employee contracts and hiring documentation.
Key early figures include CTO Doug Palmer, a pioneer in the development of video-over-IP technology who also worked at San Diego’s Linkabit and HNC Software, and chief engineer David Eames, one of HNC’s original staff scientists and an expert in neural networks and parallel computing applications.
To make sure your IP is protected — As I’ve written before, failing to develop an IP strategy, including a plan for protecting your IP as well as avoiding unwitting infringements of someone else’s, is a huge mistake. Hire professionals to handle the details of company formation paperwork when you first start up.
For this morning's interview, we caught up with Elizabeth Cholawsky , the new CEO of Santa Barbara-based HG Data (www.hgdata.com), which develops software which helps marketers and salespeople understand the "technology stack" of their potential customers and prospects. I've been in product, product development, marketing, and management.
For this morning's interview with an entrepreneur, we spoke with Thomas Russell , the Ceo and co-founder of ETC Solar (www.etc-solar.com), a Los Angeles startup developing technology to improve the efficiency and cost of solar cells. What does ETC Solar do? How far along are you in bringing this to market?
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