1. MONETIZING IP and TECH TRANSFER The Patent Attorney’s Perspective
Sean Solberg
Davis Brown Law Firm

2. Panelist
Sean Solberg
Prosecution/Portfolio Management/Patentability and FTO Analyses/IP Due Diligence
Startup/Fortune 500/Tech Transfer Clients
Ag/Biotech/Medical Device

3. Start-up Goal: FUNDING (The IP Beauty Pageant)
IP strategy vs. funding = catch 22?
To protect your technology and reduce risk of patent infringement – you first need $$$
To get $$$ – you first need to protect your technology and reduce risk of patent infringement
Tech Company Business Plan Must Address Intellectual Property
Think about your target – INVESTORS
Investors - freedom to operate as important or more important than patent applications/patent portfolio
Venture capitalists (VCs) rarely sign confidentiality agreements
IP on a Budget
Provisional application
Preliminary freedom to operate (FTO) analysis

4. Success Story: Virtual Incision Corporation
First application filed at Univ. of Nebraska: 2003
License to Virtual Incision: 2006
Early Investment: angels and small VCs
Three CEOs
December $18 million investment

5. Thank you for your time! Questions?
Sean Solberg