Founder Tip Of The Week

"I do not think there is any thrill that can go through the human heart like that felt by the inventor as he sees some creation of the brain unfolding to success." - Nikola Tesla

Term Sheets – Potential Traps for the Unwary

During its life cycle, a typical company enters into several key transactions. These can include debt and equity financings, an exclusive license of the company’s proprietary technology or an acquisition of the company by a strategic buyer. Before signing the “definitive agreement” for a key transaction, however, the company may be

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Top 5 Methods to Protect Your Intellectual Property in China

There are cost-effective methods to protect your company’s IP in China—if you take them early. 1. Register your IP Except for copyright (which is automatically protected in China via the Berne Convention), U.S. IP registration does not provide you with any protection in China.  Without registration in China, just as without registration

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Four Tips for Companies Considering Venture Debt Financing

Many of the benefits of raising a Series A round are obvious—improved team morale, validation from outside investors and, of course, cash.  Another benefit may be less obvious—raising a Series A round can open up new sources of capital, including venture debt.  “Venture debt” is a type of debt financing available to

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How to Save Time and Money When Working With Lawyers

New founders often approach service providers generally, and lawyers in particular, with a degree of caution.  They’re typically aware that they need advice, but they’re concerned that obtaining such advice will come at a cost, which most startups would prefer to avoid given the need to focus as much as possible

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