Thanks everyone, very helpful.
Back in 1995 I had a patent application for VM and databases. Never
filed it, but still wish I had.
I think I solve the biggest issue I see with the IOT, and that's how
to make it all work together.
---
Steven Santos
Director
Simply Circus, Inc.
86 Los Angeles
This has been VERY helpful! Thank you all!
Sounds like the first thing I need to do is separate what it is from
the secret sauce that makes it work.
OK, here it is
How many devices are on the typical home network right now? I'm not
talking about laptops, desktops and tablets (though these are
Ditto to all of Tom’s points. I’d like to add that patents are bonuses but not
mandatory. It’s just one form of “barrier to entry” against your competitors.
You have to consider the fact that it will take about five years to get a
patent approved and that’s if it gets approved. Considering
The Forbes billionaires list offers some food for thought. Zuckerberg is #16 on
the list, with an idea developed in 2006. Michael Dell is further down, with
his 1984 idea. Gates remains at the top, with his vintage-1979 idea.
Looking at those ideas, it's pretty clear they were a dime a dozen
Steve - One more very important thing when validating your idea, make sure you
are solving a painful problem and not just creating a solution that you think
may be helpful. This is perhaps the most fundamentally important step: to
create a compelling value proposition. Then and only then do
I'm with Tom Metro on the NDA and intellectual-property topic. The idea
itself isn't what's special. Your passion to make it into a business is.
Sure, talk to a hopefully-pro-bono lawyer about all this, but building a
patent firewall around your idea is $100,000 at minimum between legal fees
From: Discuss [mailto:discuss-bounces+blu=nedharvey@blu.org] On
Behalf Of Tom Metro
I've been involved with or on the distant periphery of the startup
community for several decades, and one of the fastest ways of spotting a
novice is the degree to which they are protective of their
On Mar 1, 2015, at 14:35, discuss-requ...@blu.org wrote:
Reach out to all your friends and contacts, get all their advice. Become
comfortable with having everyone sign NDA's so you're not publicly disclosing
anything. Get your form NDA from your legal counsel - because if you
download
On Sun, Mar 01, 2015 at 10:11:18PM -0500, Max Timchenko wrote:
On Mar 1, 2015, at 14:35, discuss-requ...@blu.org wrote:
If a friend approached me for an advice about their startup but wanted me to
sign an NDA first I would refuse outright.
Here's one you might not find so repulsive, from
From: John Hall [mailto:johnhall...@gmail.com]
What about all the expenses for
administration and legal services ? Isn't this part of why you'd seek an
angel
investor?
You'd *better* be able to swing that much yourself. A few grand of expense
here or there, and a year of working without
From: Edward Ned Harvey (blu)
Oh. Definitely read this. It helps a *lot* to understand how you should be
incorporating and who/how to invest.
http://www.sec.gov/info/smallbus/qasbsec.htm
Oh yeah. This too:
http://fundersandfounders.com/how-funding-works-splitting-equity/
Steven Santos asked:
So, I have come up with an idea ...
I could spend the next 20 years trying to do this on my own, but its
too good of an idea not to do something with.
Have any of you ever pitched a big idea to an angle investor?
Any advice for pitching such a big idea?
Where do you
There are accelerators like mass challenge http://masschallenge.org/ ,
incubators and sandboxes. Call them and go to their meetings.
I found this site angel list that looks promising.
https://angel.co/incubators
In general to get started you need to be able to explain what
your business does, who
From: Discuss [mailto:discuss-bounces+blu=nedharvey@blu.org] On
Behalf Of Steven Santos
Have any of you ever pitched a big idea to an angle investor?
Any advice for pitching such a big idea?
Where do you find an angel investor for such a thing?
This is something I now have a lot of
Edward Ned Harvey (blu) wrote:
My advice would be first of all, be careful what you say to anybody...
I've been involved with or on the distant periphery of the startup
community for several decades, and one of the fastest ways of spotting a
novice is the degree to which they are protective of
So, I have come up with an idea that holds the potential to
revolutionize home networking, and greatly expand the idea of the IOT,
and more importantly, to deliver on the promise of the IOT.
This idea starts with dealing with the big security bugaboo of the IOT
and it goes on to potentially make
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