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Your idea is not intellectualproperty yet, so it has no inherent value. The CTO of many technical startups was the original founder. Naïve cofounders have found themselves squeezed out in some well-known cases, including Facebook. Key to required patents or trade secrets. But don’t get greedy.
But these look for founders who have a technical or business model insight and a team. Accelerators provide these teams with technical and business expertise and connect them to a network of other founders and advisors. I don’t have a killer idea, or a technical team, but I do know how to build, grow, and manage teams.”.
I always tell entrepreneurs that two heads are better than one, so the first task in many startups is finding a cofounder or two. Giving a cofounder a salary won’t get you the “fire in the belly” you want. Each cofounder should get equity for value, based on these key variables: Lived a key role in a previous startup.
Your idea is not intellectualproperty yet, so it has no inherent value. The CTO of many technical startups was the original founder. Naïve cofounders have found themselves squeezed out in some recent cases, including Facebook. Key to required patents or trade secrets. Level of responsibility and time allocated.
Your idea is not intellectualproperty yet, so it has no inherent value. The CTO of many technical startups was the original founder. Naïve cofounders have found themselves squeezed out in some well-known cases, including Facebook. Key to required patents or trade secrets. But don’t get greedy.
These days you can create a C-corp or LLC online quickly at a low cost, to serve you well in signing partners, intellectualproperty, investors, and revenue. Advisors and investors need to see your whole story in as few as ten slides. You need to recruit advisors, key partners, and cofounders well before approaching investors.
This movement, coupled with free websites and apps, makes it possible for almost any technical person to start a business. In my view as an advisor to new ventures, the Maker Movement is an integral part of a new age of the entrepreneur. Provides networking with cofounders and strategic partners.
Your idea is not intellectualproperty yet, so it has no inherent value. The CTO of many technical startups was the original founder. Naïve cofounders have found themselves squeezed out in some recent cases, including Facebook. Key to required patents or trade secrets. Level of responsibility and time allocated.
Finding TechnicalCofounders Is Hard. Yesterday, Michael Pope posted an article titled TechnicalCofounders Are a Myth. He argued that software engineers don’t finish what they start, and that you’re better off paying a technical person than partnering with one. Tuesday, August 17, 2010.
Secure your intellectualproperty. Intellectualproperty (IP) is anything created by the human intellect that’s protected by the law from unauthorized use by other people. Innovation can be a product, design, or a process of doing things to solve a technical problem. Develop a founders agreement.
I am a session singer and producer, and I wish clients and peers would give me more of an opportunity to work in the technical side of the business (such as mixing and editing). I would also like to see our creative intellectualproperty better protected. . #2 – More Opportunities. Photo Credit: Mella Barnes.
I’ve listed the most common levers that universities use below, with some live examples from Yale: Strong technical departments : Computer Science , Math , Physics. Access to University’s IntellectualProperty : Office of Cooperative Research. Marketing of tech community : Yale Tech News , Yale Entrepreneurship Magazine.
Patent and Trademark Office (USPTO) is a great resource to help you learn more about intellectualproperty. Blackbox cofounder Bjoern Lasse Herrmann says, “Too many startups start building first without talking to customers. You will still need to do an online search to make sure you’re not infringing on someone else’s idea.
Blogs (VC): Antonio Rodriguez [link] – A very technical VC at Matrix partners who can actually code. Blogs (web development): Giant Robots Smashing Into Other Giant Robots – [link] Company blog of thoughtbot covering Ruby on Rails, HTML, CSS, Javascript, databases, and mobile development.
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