????“We’re a SaaS startup, why do we need a software patent?”
????“You can’t get patent protection for software”
????“We’re bootstrapping, it’s too expensive for us right now.”
????“Patents aren’t really valuable for a SaaS, all that matter is MoM, MRR, ARR, and the capital raise…”
Maybe this is the conversation you’re having when it comes to understanding the value of IP protection for your business, especially as a startup.
This may be conventional wisdom, but it’s simply not true.
✅Top notch SaaS companies invest in IP protection.
✅AirBnB had a record quarter of profits…
✅AirBnB also has a substantial IP portfolio.
- ✅US 11,070,643 – DISCOVERING SIGNATURE OF ELECTRONIC SOCIAL NETWORKS
- ✅US 10,936,959 – DETERMINING TRUSTWORTHINESS AND ( 56 ) COMPATIBILITY OF A PERSON
- ✅US D832,886 – DISPLAY SCREEN WITH ANIMATED ICON
If SaaS rockstars like AirBnB know the value of IP protection,
how important should it be to you?
IP is an important and essential part of business today, especially in the fast-paced, ever-changing tech-centric, AI-driven, data analytics, cryptocurrency, blockchain tech ecosystem….
But it’s often ignored by most startups.
Is your startup positioned appropriately to take advantage of your intellectual property and leverage a successful exit?
I’ve got a short training (~15 mins) that explains how to answer this question.
#SaaS
#airbnb
#intellectualproperty
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#patentinsiderstartup