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Tuesday, November 25, 2008
The real value of invention
I receive a lot of invitations to invest in companies. Unfortunately most of them over value their intellectual property.
A simple formula to use is: if it cost $1million to create a product it will cost $10million to commercialise
it and $100 million to setup international sales and marketing. Also the hockey stick sales graphs are always presented.
Remember to generate large sales you need successful senior sales executives (and a lot of them). Will these individuals
leave the comfort of a good job making good commission for a known brand to work for a unknown startup? All
these factors reflect in determining the value of the invention.
10:10 am est
Wednesday, November 5, 2008
Get your own customised google search bar
I have just installed my own google search bar which allows me and my friends to search the internet with a gadget and
fun stuff filter on. Try it, I have the bar on this page
8:20 am est
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I'll make changes to this site on a regular basis, sharing news, views, experiences, photos...whatever occurs to
me. Check back often!
This is a picture of the first mobile phone not to require any batteries
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