SlideShare a Scribd company logo
HOW TO BOOTSTRAP
A ROCK-SOLID IP
PORTFOLIO
IDEATO IPO
Steven Colby, JD, Ph.D.
Patent Attorney – Rimon Law, PC
steven.colby@rimonlaw.com
© Steven Colby 2021
October 1, 2021
WHY WOULD
YOU DO THIS?
WHY WOULD A CASH LIMITED STARTUP
PUT THOUSANDS OF DOLLARS INTOTHE
DEVELOPMENT OF AN IP PORTFOLIO?
WHAT CAN I GET?
• Copyright
• Trademark
• Trade Secrets
• Patents
COMMON TYPES OF PATENTS
PROVISIONAL
• Placeholder
• Quick & Easy
• Inexpensive
• ONEYear
NON-PROVISIONAL
• Ornamental
• 14 years
• Moderate Cost
DESIGN
• Enforceable Rights
• 20 years
• High Cost
WHAT DOES THIS ALL COST?
2000
18000
30000
$0
$5,000
$10,000
$15,000
$20,000
$25,000
$30,000
$35,000
Provisional Non-Provisional filing Patent Issue
Patent Costs (US)
First Application Family Members
WILL I RULE THE
WORLD WITH
MY PATENTS?
THE DARK
SIDE…
WHATYOU DON’T KNOW CAN HURT
MISTAKES
1) Ownership
2) Ownership
3) Waiting
4) No Strategy
5) Understanding the Patent
1) Specification
2) Claims
OWNINGYOUR IP
• Ownership initially vests in the
INVENTORS (USA)
• Applications must be assigned to
the company
• Assign Clauses
• Employer IP
• Assignment process
OTHER PEOPLE’S IP
• The start-up viewpoint
• Read the literature
• Keep records
• Open source trap
WHEN DO I NEED TO START
THINKING ABOUT IP?
• Yesterday….
STRATEGY
• Patent for the Marketing Person,
Not the Engineer
• Product Driven
• Focus onValuation
• Make IP more than just a Checkbox
Steven Colby
steven.colby@rimonlaw.com
650-966-6006
www.linkedin.com/in/stevencolby/

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