As a Boston-based venture capital firm that invests growth capital in expansion-stage software companies, OpenView works hard to determine whether a company that we are looking to invest in has intellectual property or “IP.” All things being equal, OpenView would invest in a company that has IP before it would invest in a company that doesn’t.
That is why I wanted to share this WSJ article I found in their “Small Business” section written by Antone Johnson titled 5 ‘IP’ Mistakes Start-ups Should Avoid. You might find Johnson’s five mistakes interesting:
- Mixing up what came from where
- Planning to launch a business around a clever, catchy brand name that can’t be used
- Confusing types of IP and means of protection
- Overvaluing patents
When it’s time to raise capital these mistakes can come back to haunt founders and/or CEOs, regardless of whether their companies are in the early, expansion, or growth stage. To get the details behind these five mistakes you can read the complete article here.
All the best!
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