Entrepreneurs often ask their lawyers for “bullet-proof” non-disclosure agreements (NDAs) that will prevent their business associates from stealing their great ideas. The problem is, no such thing exists. We discussed in this previous blog how an NDA won’t necessarily protect your ideas. The best way to protect an idea is to jump through the legal … Continued
This is part three of our three-part blog on making money from your great ideas. In parts one and two we talked about the different ways of protecting ideas, with a focus on patents. In this blog, we’ll be talking about how to turn intellectual property into cash.
This is part two of our three-part blog on making money from your great ideas. As you might gather from the discussion in part 1, a patent is the form of IP that comes closest to protecting “ideas.”
*Note: this is part one of a three part blog. Check back or follow us for the next two parts. “How can I make money from this great idea I have for a business/product/service/movie?” People often post questions like that on Q&A boards such as Quora. Unfortunately, there isn’t really much of a market for … Continued
Signing a contract is serious business. Every word is important and a contract should not be signed without reading and understanding it. Contract clauses can bite! If the contract presented to you contains a ridiculous clause and you sign it, you will be bound to it (no matter how ridiculous the clause is)! We thought … Continued
“When I was a kid my parents moved a lot, but I always found them.” ― Rodney Dangerfield It’s August – a time when many people move into new apartments so they’ll be settled in before the new school (or college) year starts. Most people HATE moving – especially in the summer. What could be worse … Continued
This week, Tel Aviv started construction of the city’s first light rail. The long-delayed $4.23 billion project is slated for completion in 2021 and is expected to cause years of gridlock within the city and for miles around. Some roads have been closed, some have been turned into one-way streets, and some have been closed … Continued
Finding money is hard, so it’s common for a startup to use a “finder” to locate potential investors or partners. Unfortunately, using the wrong kind of finder, or the wrong kind of finder’s agreement, could lead to disaster. Doing it wrong could let your investors take back their money. Worse, your company could be prevented … Continued
Five Ways to Reduce Your Risk The first time your startup’s presented with an investor term sheet, you may feel like you’ve won. OK, maybe you don’t have the trophy (i.e., check) in hand, but you’re on the home stretch with the wind at your back. Right? Maybe not. Getting Engaged A term sheet is … Continued
