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krisi
User Rank
CEO
money?
krisi   8/14/2013 10:47:41 PM
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I don't think you need any investment money, you need a vialable, innovative idea that can be converted in reasonaqble amount of time into profits...investment money can be always found, there are billions waiting to be invested...we are short on innovative ideas, not on investment money...there is definately some room for IP start-ups as large companies have difficulty innovating

Tom Murphy
User Rank
Blogger
Re: Innovation hurdle
Tom Murphy   8/14/2013 1:28:59 PM
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Thanks. That seems like a pretty reasonable arrangement, Brian.  I'd be interested to know how that worked out and whether companies still do that.  It would make an interesting discussion for a future blog, I think.

Charles.Desassure
User Rank
Manager
It is about the money...and a good idea
Charles.Desassure   8/14/2013 1:19:31 PM
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I somewhat agree with a few of these statements.  It is not hard to start up a company these days if you have a good idea, technology, and yes... money.  If you don't have money, it will be very challenging for a startup company because banks today are not providing loans to startup applicants like in the past; and research and development is very important.  So, if you have money, you can try and try again.  Otherwise, it will be very difficult.  Yes, it is about the money.

BrianBailey
User Rank
Blogger
Re: Innovation hurdle
BrianBailey   8/14/2013 1:12:03 PM
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A while back, perhaps a couple of years ago, I seem to remember some SoC companies were offering startups the ability to insert their IP into one of their SoC platforms. The SoC company provided 90% of the design already worked out, and had all of the tools and knowhow to take it through production. In return, the SoC company got first dibs on the IP if it proved to be successful. Not sure if anyone used this path.

Tom Murphy
User Rank
Blogger
Innovation hurdle
Tom Murphy   8/14/2013 12:42:27 PM
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I agree it's getting harder for startups on many levels.  Many people have great ideas -- the seed of innovation -- but face higher hurdles into turning that vision into reality.  It's great that many companies offer incubators; otherwise, we might be stuck with something more like the biotech industry model where startups often collapse before raising the 4-6 rounds of financing they typically need to bring a product into production.  In the long run, big companies truly help themselves by helping innovators to break new ground.



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