Why Patent Due Diligence Matters
This article was originally published in Start Up
Most often, IP due diligence is performed by a venture fund's legal counsel as the last step in a box-checking exercise prior to the wiring of funds, so that only a monumental IP issue can disrupt the inexorable rush to a closing. But no matter how famous the institution from which IP is being licensed, university technology transfer offices do no meaningful IP diligence prior to licensing a technology-and start-ups are left wide open to a variety of problems.
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