Posts Tagged ‘Startups’
Why Patent Competence Is a CEO’s Responsibility
Why outsourcing it to a patent attorney is one of the most common — and expensive — mistakes founders make There’s a simple test for whether a patent actually matters: Did it change your competitor’s behavior? If the answer is no, then whatever you have is not protection. It may be a patent in the…
Read MoreAre Patents Still Relevant in the Age of AI?
The cost to build software is collapsing. Not slowly. Not incrementally. It’s collapsing fast enough that entire assumptions about startups, competition, and defensibility no longer hold. AI has changed the economics of software development in two fundamental ways. First, it has reduced the time required to build functional products. Second, it has reduced the number…
Read MoreMyth: Patents Have Intrinsic Value
Why Revenue Is the Only Metric of Value There is a deeply embedded myth in the startup, investor, and legal ecosystems that patents have intrinsic value. That simply owning a patent means you own “something valuable.” That belief is not just wrong — it is dangerously wrong. We have written before about this exact misconception…
Read MoreCES and Grifting the Entrepreneurial Ecosystem
Grifting in the Entrepreneurial Ecosystem I just returned from the Consumer Electronics Show in Las Vegas. I have been going for many years, and I thoroughly enjoy the show in many respects, but the grifting in the entrepreneurial ecosystem is out of hand. CES has an area called “Eureka Park.” It is touted as the…
Read MoreAI-Assisted Patent Search Tools Exacerbate Inventor Biases
AI chat tools have two problems: over-simplification and hallucination. These two problems mimic inventor’s biases when doing patent searches, leading to bad results. Inventors and entrepreneurs might love the idea of using an AI‑powered search tool to check “Did I do something new?” fast and cheap. It sounds smart. It sounds responsible. I am a…
Read MoreContempt from Crowdfunded Equity
Entrepreneurs are stuck between two polar opposites. On one hand, they are encouraged – endlessly – to hype, hype, hype. The accelerators and incubators want to see astronomical projections, Total Addressable Markets in the trillions, and hockey stick growth. Entrepreneurs need to attract attention, and the more they hype and over promise, the more attention…
Read MoreAI Startups: Protect Everything EXCEPT the Patent
Short version: For most AI companies, patents on “using AI for X” don’t protect you. They backfire by revealing your method while remaining practically unenforceable. The competitive advantage is in your data, processes, distribution, and customers—so protect those and build your business around the reality that competitors can do something similar. The uncomfortable truth about…
Read MoreStrategic Partnerships are often Neither
Strategic Partnerships are a polite way of saying “we don’t own the most important parts of our business.” Every founder loves to brag about their “strategic partnerships.” The name sounds impressive, but hides a glaring truth: We don’t own the most important parts of our business. Strategic partnerships are not a strategy. They are liabilities.…
Read MoreBuild Your Company Backwards: How to Align With Angel and VC Expectations
If you can’t explain why someone will pay 10x to buy your company, you’re not ready to raise a dime. When you’re raising outside capital — especially from angels or venture funds — you’re not just pitching your company. You’re implicitly making a promise: that their investment will turn into a significant return, typically a…
Read MoreA License is NOT Selling Your Technology – It is Selling Exclusivity
I recently heard a pitch from a startup with remarkable technology – a genetically modified seed that signaled when it’s under stress. Instead of waiting for crops to wilt, farmers could respond early, boosting yields. The data was strong. The science worked. But despite all that, I walked away unconvinced that the company was investable.…
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