5 Intellectual Property Considerations for Startups - Part II

IP-Issues-Abstract_light

In Part I of this article, we introduced two of five threshold Intellectual Property (IP) questions that every startup should consider:

  • Do you own all of your IP?
  • How can you safely discuss your IP with others?

In this article, we introduce the remaining three considerations:

  • How do you identify and protect your competitive differentiators?
  • Do you have an idea or solution that is eligible for patent protection?
  • What is your IP strategy?

Continue reading this entry

5 Intellectual Property Considerations for Startups - Part I

Startup

A successful startup provides a solution to a market need. Typically, the solution involves a new or improved device or technique. As a startup defines and develops its solution, intellectual property (IP) becomes a core asset of the company. Indeed, after management members themselves, IP is often a startup’s most valuable asset.

This is the first article of a Startup Intellectual Property Series to help startups understand how to identify and protect their IP. The first two entries in this Series introduce the following five threshold questions that every startup should consider:

  • Do you own all of your IP?
  • How can you safely discuss your IP with others?
  • How do you identify and protect your competitive differentiators?
  • Do you have an idea or solution that is eligible for patent protection?
  • What is your IP strategy?

Continue reading this entry

Does Telemedicine Matter? Yes!

14.10812_Why_300x225

Technology pervades every sector of our economy, and certainly has impacted the health care industry. One example is telemedicine. Telemedicine has the potential to exponentially expand a provider’s geographic footprint, efficiently leverage a doctor’s time and dramatically reduce barriers to patient interaction. Our recent survey of senior-level health care executives indicates that telemedicine technology is becoming key to improving the access and quality of care for communities. It has also drawn a lot of attention in the venture capital market.

Continue reading this entry

A Q&A With Digital Media Investors Part II: Advice for Digital Media Companies

Financing-Issues-Icon_dark

As noted in Part I: Digital Media Funding Trends, Foley Partner Beth Felder gathered a group of digital media investor experts – Don Dodge, Developer Advocate for Google, James Geshwiler, Managing Director of CommonAngels and Eric Hjerpe, Partner at Kepha Partners – at our 2014 FOLEYTech Summit for a discussion on digital media investing. We’ve compiled their top insights below.

Since the paid subscription model is substantially dead, what is a successful revenue model for a digital media company?

Almost all digital media companies use a channel strategy for acquiring customers. The most successful find a channel partner willing to pay the digital media company to provide services to customers that the channel partner has already established and delivers. In the early stages sometimes digital media companies just have to find ways to drive revenue, even if they aren’t pursuing directly their long-term strategy. Investors want to find companies that have a plan for revenue that offset investment dollars such that the company can self-sustain operating expenses and focus investment on expansion and growth.

Continue reading this entry

A Q&A With Digital Media Investors Part I: Digital Media Funding Trends

Financing-Issues-Icon_dark

Foley Partner Beth Felder gathered a group of digital media investor experts – Don Dodge, Developer Advocate for Google, James Geshwiler, Managing Director of CommonAngels and Eric Hjerpe, Partner at Kepha Partners – at our 2014 FOLEYTech Summit for a discussion on digital media investing. We’ve compiled their top insights below.

What do we mean by digital media?

Digital media has a broad definition; one way to think about digital media is to compare it with software. A party pays for an end product in software, whereas in digital media a user pays for access to the platform. However it is not uncommon in the industry for a company to pivot from being software-based to digital media-based. It is important to note that digital media also frequently includes business-to-business (B2B) solutions.

Continue reading this entry