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Welcome to the sixth module of FTF Circle! In todayโ€™s session, we dive deep into innovation safeguards with insights from Vignesh Ramachandran and Keegan Evans. This module will provide you with a deeper understanding on how patents, trademarks, and informed disclosure are important in your startup journey.

๐Ÿš€ Lesson Plan: Safeguarding Innovation through Intellectual Property

Module 6: Intellectual Property for First-Time Founders

Tagline: Protecting Your Startupโ€™s Ideasโ€”Understanding Patents, Trademarks, and Disclosure

๐Ÿš€ Module Overview

This module explores how early-stage founders can protect their intellectual property (IP) while advancing their startups. Founders will learn about different types of IP, including patents, trademarks, copyrights, and trade secrets, and how to strategically apply them to safeguard their innovations. The discussion also covers key decisions like whether to file a provisional patent, when to disclose an idea, and the risks associated with early public exposure. By the end, founders will be equipped to make informed choices about IP protection and balance speed-to-market with legal safeguards.

๐Ÿ’ก Key Learning Outcomes

"If you're trying to build a startup and protect your core technology, the general advice is to apply for the patent first to leave your options open." - Vignesh Ramachandran

โœ… Learn how to assess scalability and cost efficiency during early engineering phases.
โœ… Understand the importance of detailed BOMs and COGS in feasibility planning.
โœ… Recognize how to balance technical innovation with practical constraints.
โœ… Gain insight into aligning technical solutions with market demand.

๐ŸŽ™ Special Guests

๐Ÿ‘ค Vignesh Ramachandran โ€“ Intellectual Property Counsel at LAM Research, with a background in electrical engineering and patent law.
๐Ÿ‘ค Keegan Evans โ€“ Startup advisor and mentor, specializing in early-stage product development and commercialization.

๐Ÿ“Œ Key Discussion Topics

โ€œAnything that's not patentable, you can claim as a trade secret.โ€ - Vignesh Ramachandran


1๏ธโƒฃ Understanding Intellectual Property for Startups

  • The four main types of IP: patents, trademarks, copyrights, and trade secrets.

  • When and why startups should protect their innovations.

  • The role of patents in securing investor confidence and competitive advantages.

2๏ธโƒฃ The Risks of Early Disclosure & IP Protection Strategies

  • The difference between an idea vs. an invention and when protection becomes necessary.

  • What founders can and canโ€™t disclose publicly before filing a patent.

  • The impact of public disclosure on patent eligibility.

3๏ธโƒฃ Provisional Patents & Cost-Effective Protection

  • The difference between provisional and non-provisional patents.

  • How to file a provisional patent cost-effectively as a first-time founder.

  • Strategies for securing IP protection without high legal costs.

4๏ธโƒฃ NDAs, Investor Meetings, & Practical IP Safeguards

  • When it makes sense to use an NDA and when it doesnโ€™t.

  • Why most investors wonโ€™t sign NDAs and how to still protect your startupโ€™s secrets.

  • The role of trademarks in protecting your startupโ€™s brand and early market presence.

๐Ÿ† Lesson 1: Balancing Disclosure & Protection

๐Ÿ” Understanding When to File for IP
โœ… Determine whether your startup needs patents, trademarks, or trade secrets.
โœ… Balance early-stage disclosure with protection strategies.
โœ… Avoid common pitfalls that jeopardize IP eligibility.

๐Ÿ“Œ Action Step: Identify a key innovation in your startup and research whether patenting or trademarking is the best protection method.

"Once you put something in the public domain, you've precluded yourself from patenting it." - Vignesh Ramachandran

๐Ÿ† Lesson 2: Cost-Effective Ways to Protect Your Startup

๐Ÿ” Navigating Early-Stage IP on a Budget
โœ… Learn how to file a provisional patent without expensive legal fees.
โœ… Explore affordable trademark filing options for protecting your brand.
โœ… Find pro bono or university-supported IP resources for startups.

๐Ÿ“Œ Action Step: Research and list at least three cost-effective resources for filing a provisional patent or trademark.

๐Ÿ† Lesson 3: Strategic IP Decisions for Long-Term Success

๐Ÿ” Managing IP While Growing Your Business
โœ… Decide when to prioritize patenting vs. keeping trade secrets.
โœ… Use trademarks and branding protection to differentiate in the market.
โœ… Develop an IP roadmap aligned with your fundraising and growth strategy.

๐Ÿ“Œ Action Step: Outline a high-level IP strategy for your startup, deciding what to protect and when.

๐Ÿ›  Actionable Takeaways & Frameworks

โœ… IP Protection Checklist
๐Ÿ“Œ Have you determined whether your startup needs patents, trademarks, or trade secrets?
๐Ÿ“Œ Have you assessed the risks of public disclosure before securing IP?
๐Ÿ“Œ Have you researched cost-effective IP protection options?
๐Ÿ“Œ Have you identified trusted advisors to consult on your IP strategy?

โœ… Investor & NDA Considerations
๐Ÿ“Œ Have you structured your pitch deck to avoid disclosing protectable IP?
๐Ÿ“Œ Are you asking investors to sign NDAs? If so, is it necessary?
๐Ÿ“Œ Have you secured trademarks to protect your startupโ€™s name and brand?

โœ… Provisional Patent & Startup-Friendly Filing Options
๐Ÿ“Œ Have you explored the option of filing a provisional patent yourself?
๐Ÿ“Œ Have you researched San Jose Stateโ€™s tech transfer program or other university IP resources?
๐Ÿ“Œ Have you evaluated whether to keep certain IP as a trade secret instead of patenting?

"If you publish first and include all the details in that publication, you are basically choosing that route. You cannot now divert back into the patenting route." - Vignesh Ramachandran

๐ŸŽฏ Founder Challenges: Apply What Youโ€™ve Learned!

๐Ÿ“Œ 1. Secure Early Protection: Research and begin the process of filing a provisional patent or trademark.
๐Ÿ“Œ 2. Review Your Pitch: Ensure your startup pitch deck avoids unnecessary public disclosure.
๐Ÿ“Œ 3. Consult an Expert: Connect with an IP attorney or startup mentor to refine your strategy.

๐Ÿš€ Next Steps & RESOURCE MAP

๐Ÿ”น Follow & Connect with Our Guests:
๐Ÿ‘‰ Vignesh Ramachandran 

๐Ÿ‘‰ Keegan Evans

RESOURCE MAP