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lapfog_1

(31,546 posts)
3. Having done the Sand Hill Road shuffle 3 times
Sat Apr 12, 2025, 01:13 PM
Apr 2025

2 times as the "bright engineer to explain things" for a couple of "promising young startup" companies, and 1 time for the startup I founded... I can tell you one thing.

You must have compelling patents to get money from the fund managers at the VC firms.

Hopefully you have more than one.

Applying for and getting a patent, especially in software, cost my company around $25K per patent in 2001. The broader the patent the most it costs. This is your IP. This is what gets you funded.

These idiots have forgotten this... or they think that now that they are worth billions, close the gate behind them to keep new "tech bros" from getting funding for their ideas.

Watch the comedy HBO show "Silicon Valley" ( the first two seasons as Richard has his brilliant idea and gets it patented and fights with patent trolls and VCs, etc ). It is a comedy... but I swear it is accurate, painfully so.

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