Patent Strategy
Mapping an Invention to an Internal Product Roadmap
Due Diligence for Patents – Comparing your invention to an internal product roadmap. Inventions with internal business value will map to your internal product roadmap. These patents are used to protect your products from direct copying and create a defensible space for you to operate. There are two main factors to consider for this analysis:…
Read MoreHow to Finance Getting a Patent?
You can get financing for your patent through BlueIron before you raise money. Entrepreneurs are caught between a rock and a hard place: they need money to get proper patent protection, but they need patent protection to start raising money. What do you do? BlueIronIP finances getting your patent – while you are raising money.…
Read MoreAngel Funding Through BlueIron
BlueIron acts as an angel investor, co-investing in your company. The big difference: BlueIron does not dilute your shares. BlueIron invests, on average, $40,000 for each patent your company has. If you do 5 patents, BlueIron will invest about $200,000. If you have 10 patents, BlueIron invests about $400,000. BlueIron’s investment goes into assets that…
Read MoreWhat is the cost of a cheap patent?
What is the cost of a cheap patent? It turns out to be very expensive. Some startup companies do not want to spend much money on patents, so they get the lowest cost provider for IP services. The result: a cheap patent. A cheap patent that might not have the proper claim scope to protect…
Read MorePatent Rejection – What it takes to get a patent issued
Your patent will typically be rejected by the examiner. Do not worry. The back-and-forth process between the examiner and applicant is a necessary part of getting a strong patent allowed. We want the examiner to fully understand the invention and do a competent job of searching. If the examiner does a poor job, your patent…
Read MoreConsidering Constraints When Evaluating Patentable Ideas
When all you have is a hammer, everything looks like a nail. Every invention has a set of constraints, and it is imperative to uncover and evaluate them when considering patenting. This applies to an inventor or business manager who is trying to ferret out ideas contained in a new product as well as the…
Read MoreRenting Your Patents – How does that work?
What does it mean to “rent” my patents? Isn’t it better to own them? BlueIron’s financing allows you to “rent” your patents by having an exclusive license to the patents. This gives you all the legal benefits of owning the patents, such as being able to enforce the patents, license and sublicense the patents, keep…
Read MorePatents Make Your Company More Valuable to Acquirers
Good patents make your company more valuable. A well-crafted and curated patent portfolio has patents that make your company much more valuable to an acquirer. When curating a portfolio, BlueIron often targets potential acquirers. We look for where the market will move, how competitors tend to operate, and target inventions that will likely be useful…
Read MorePatents Make Your Company More Valuable Going Into Financing Rounds
Good patents make your company much more valuable when raising money. A patent portfolio increases your value when raising money. A strong portfolio sends a signal to investors that you are sophisticated, understand the marketplace, and mean to be a strong competitor in the marketplace. The stronger your patent portfolio, the more of an “unfair…
Read MorePatents Give You Opportunites for Outbound Licensing
Patents are business tools Patents are useful only when they give your business options that increase your chances for success. Patents can be “trading cards” for negotiations. A competitor that might sue you for infringing their patents are quickly settled with a cross license of your patents. Part of crafting a good portfolio is building…
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