But before start-ups begin looking for funds, most should first look for IP protection. We assess what's happening in a relevant industry, and that gives some idea of the value of the patent. A discussion of IP inevitably leads to the issue of ownership. To protect his investment, Biddle ensures that founders revest. So the critical parties lose stock if they quit.
Most founders are committed for the long run, however, long before they start seeking funds.
Most are turned down in seconds because many people model their plan after someone else's idea. Novak-Biddle invests ahead of the curve. What we fund could change the world. I can't write the symphony myself, but I know how to find the people who can.