One of the major problems faced by new technology and start-up enterprises is access to the first round of funding.
Venture capitalists want to know where an invention or innovation fits in the marketplace with reference to existing and potential competitors. Does the invention or innovation offer a dramatic and sustained advantage, and is there a compelling evidence to warrant building a business based on the invention or innovation?
Chief Executive Connections helps evaluate both the strength of an innovation and the ability of the entrepreneur to motivate commercialization.
Venture capitalists want to maximize returns and minimize risks. The risks they must consider in reference to the intellectual property include: market, financial, management and technological. Patent lawsuits cost about $500,000 per claim if brought to trial, and trade secret suits cost from $300,000 to $500,000 Thus, intellectual property in the form of a trade secret may be more attractive to venture capital investors than a “weak” patent that may be open to litigation.
a.) How to assist VC in the formation and start-up (i.e. re-start of the Technology Start-up)
b.) Protecting the VC funded Intellectual Property
c.) How funding deals may affect IP ownership
d.) The definition of Joint as it applies to Patents
e.) Competitive IP Development: what does it mean to the VC
f.) Protecting the full breadth of the VC’s investment by creating IP that is broad enough to address the competitive landscape and narrow enough to protect usable rights of the IP.