A Few Tips For Invention Based Startups

in #startuplast year (edited)

One of the ideas to monetize an invention is to create a startup based around it. It can be a great way to garner funding from venture capital groups and recruit like-minded talent to advance it.

Having your product has its advantages over licensing your technology or having it sit in the patent office forever. Of course, market conditions and the type of invention will vary in a consumer market.