What every founder should know about protecting their IP — The Patent Contract. A patent is a legal document that provides exclusive commercialization rights for up to 20 years to the person that invents something useful, new, and non-obvious. …

You encountered a problem. You tried numerous solutions and found them deficient, so you created your own. Your friends are saying “you should patent that!”…but can you? How do you know if you have something patent-worthy? More importantly, how can you determine if you have something patentable before you invest…

A Four-Part Series Describing Patenting Criteria — Eating the frog. In our last write-up, we shared what we learned from asking 60 founders about their patenting journeys. For most founders, filing a patent causes a world of pain. It takes 20+ hours for a lawyer to write your app (longer if you’re DIY), average costs exceed $10K, and you’ll still…

1. Its never-ending. “We almost went bankrupt 3x and I preferred that to the pain of patenting. I never want to go through the patenting process again.” The process seems simple — protect your unique technical innovation that differentiates you from competitors. Hire a lawyer. Outsource all of it. The reality is so…