Intro to Patents for Startups | Tech Equity Hub Patent Talk

Portion of my patent talk for startups at the DWT Project W Tech Equity Hub. Discusses the basic rights of patents and the more important things patents let you do that are actually relevant to startups. Requirements to get a patent are discussed along with critical patent issues during inventing and product development. Utility patents vs. design patents are discussed and some specific examples of each are given. The options of starting with a provisional or non-provisional patent application are discussed including why provisional patent application are best for startups. I also debunk the myth that software is not patentable and also how copyright and trade secrets can be used to protect software. Six main IP tips are discussed, including: (1) Don't Use Employer Resources; (2) Steps to Keep Trade Secrets Confidential; (3) Choosing a Strong Trademark; (4) Early Analysis to Saves Money Later (5) No Handshake Deals!; and (6) How to get a Tailored IP Strategy for Free Additional Patent Resources: My best-selling book, Patents Demystified: https://amzn.to/2MX5le9 The top book on licensing your idea or invention: https://amzn.to/3tDLSib (One Simple Idea by Stephen Key) When to file a patent application: https://www.dwt.com/blogs/startup-law... Is software patentable: https://www.dwt.com/blogs/startup-law... My appearance on CNBC’s “The Profit” with Marcus Lemonis: https://www.cnbc.com/video/2019/11/08... Gear Used to Make This Video: Sony ZV1 Camera - https://amzn.to/3I1yNtB Limo Softbox Lights - https://amzn.to/3jrwd5K PowerDeWise Microphone - https://amzn.to/3GiI3bl **** DISCLAIMER: Information in this video is not legal advice and should not be relied on as such. The law can change and the information in this video may be outdated, so you should always consult an attorney regarding your specific issues in view of the current state of the law. ***** 00:00 Intro - DWT Project W Tech Equity Hub 00:31 The Basic Patent Right 01:21 Important Things Patents Let You Do 05:32 Requirement to Get a Patent 08:05 Early Stage Patent Issues 13:44 Utility vs. Design Patents 15:35 Examples of Design Patents 16:05 Examples of Utility Patents 16:27 Starting with a Non-Provisional Patent Application 18:11 Starting with a Provisional Patent Application 20:03 Is Software Patentable? 21:04 Protecting Software with Copyright and Trade Secrets 22:26 Don't Use Employer Resources 23:09 Steps to Keep Trade Secrets Confidential 24:07 Choosing a Strong Trademark 25:35 Early Analysis Saves Money Later 26:32 No Handshake Deals! 26:59 A Tailored IP Strategy