Founders Are Super Busy…Sometimes Busyness leads to being Blindsided
Being a founder there’s too much to juggle.
Inevitably you miss something
Most can be fixed
But some blind spots can be fatal
How about building a $4B valuation for your App
Then being sued because you never trademarked the name
Don’t let IP protection be your blind spot
Not Having Intellectual Property Protection Can Be Disasterous For A Startup
Yes this is a real story
More common than you think
Just b/c you can raise $$$
Doesn’t make you invincible to IP issues
@Clubhouse was sued, then settled
b/c they didn’t trademark “Clubhouse”
Don’t let IP protection be your blind spot
Infringement Lawsuits and Cease and Desist Letters Can Spell Diaster for Small Startups
Yes a company valued at $4B
Didn’t have a registered trademark for their app name
Trust me the settlement was MORE than the cost of getting a trademark
A WHOLE LOT MORE
But its an undisclosed settlement so we’ll never know the numbers
Don’t let this happen to you.
Don’t let this happen to your company.
What If Clubhouse was The Plaintiff?
This could have ended differently.
For instance, what if Clubhouse with their $4Billion valuation
sued the smaller company instead of the other way around?
Or, what if this happened before the $4B valuation?
What if they were bootstrappers?
What if the lawsuit came from a $4B company?
How would that play out differently?
Larger Companies Can Afford to Bully Smaller Companies into Submission
It’s called Shark Tank for a reason.
Larger companies can afford to push litigation and
drain all the cash from a smaller company to get the results
they want. Its not fair, but again, its called Shark Tank for a reason.
If your startup received a cease and desist letter from a $4B company,
would you have to:
- Change your app name to something else?
- Change all your social media handles?
- Change all your websites?
- Change your business name?
How would this impact your business?
Not Protection Your Intellectual Property Can Have Disasterous Consequences
If you change your app name, do you
Lose your investors?
Lose you co-founders?
Lose your developers?
Lose all your traction?
All this from one oversight.
Don’t let this happen to you
What’s your IP strategy for your company?
What Can You Do? We Can Help!
While this was a brief news story for a few months for Clubhouse, this could really scuttle your company’s traction
or put you out of business. How do you address this proactively?
❓Do you know what to do when❓
❌Developer quits or walks out with your MVP
❌Co-founder leaves in the middle of a crucial fundraising period with IP
❌Receive cease and desist from company with a trademark to your platform name.
❌Critical team member steals internal IP, goes to your competitor.
If you’re a SaaS founder❓ Have at least $100K MRR ❓
And want to prevent an IP disaster for your SaaS startup❓
Sign Up for Our Free Workshop
✅I’m hosting a free workshop for founders on the 3 steps
you can take today to make your
✅IP Bulletproof and
✅start fortifying your startup against IP disasters.
✅Learn how to save your startup from an IP disaster!
Important: We’re limiting it to 5 SaaS founders who are at or above $100K MRR to make sure we have plenty of time for questions and discussion. Would you like a spot?
Reply in the comments or DM me!