Why Should IP Protection be a Priority for Your Startup?

Why Should IP Protection be a Priority for Your Startup? March 15, 2022Leave a comment

????“We’re a FinTech SaaS startup, IP protection isn’t really possible for software.”

????“IP protection is outside our budget.”

????“It’s too expensive for us right now.”

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.

At Patent Insider Startup, we ask questions like

That’s interesting, what’s your exit strategy …

“We’re looking to get acquired by a Bank of America size company”.

✅Want to make your SaaS startup irresistible to investors?

✅Want to know how to position your SaaS startup now for a flood of potential buyers at acquisition/exit?

Savvy SaaS startup companies use these methods to create value and leverage to make their company attractive to EVERYONE they want to acquire them…

Here’s what’s it is

It starts with the end in mind,

ready…

what’s your exit strategy

“We’re looking to get acquired by a Bank of America type company.”

Companies like Bank of America usually buy banks.

????In fact 4 of the last 5 acquisitions by BofA have been…

Banks:

????Merril Lynch on January 1, 2009

????Countrywide Financial on July 1, 2008

????LaSalle Bank on October 1, 2007

????FleetBoston Financial Group on October 27, 2003

Nothing to see here right…

WRONG, the last acquisition was a…

????SaaS startup

AxiaMed on April 2, 2021

AxiaMed has a patent-pending from 2015 for Cloud-Based Payment Processing

Is your startup positioned appropriately to take advantage of your intellectual property and leverage a successful exit?

Companies like Bank of America are investing in technology.

BofA received 512 granted patents in 2021.  In fact, these patents represented a tremendous growth in BofA’s patent portfolio showing an increased technological focus including….

✅a 31% increase in AI patents

✅86% increase in blockchain patents

✅32% increase in data analytics patents

✅and a 40% increase in payment-related patents.


Want to see if your startup is positioned appropriately to take advantage?

Need to see if your IP has a chance at enhancing your startup’s value?

So when you get down to brass tacks…

If IP protection is this important to the company you hope will buy you out in an exit, 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?

#intellectualproperty
#patentinsider
#patentinsidersecrets
#patentinsiderstartup
#SaaS
#Startups
#startup
#investing
#blockchain
#technology
#ai #dataanalytics #cloud #bank

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