It is critical to preserving and growing the value of a technology business, that Intellectual property coming into, and arising from, the business is protected. At the same time it is important that safeguards don’t also stifle further innovation or unnecessarily impede collaboration. We achieve this fine balance through, for example; the appropriate use of NDAs, and licensing agreements, as well as a minimal set of policy and procedures.
Financial benefits of a technology business accrue to founders primarily as a result of equity, and it is essential that this ‘resource’ be effectively managed in order to protect the interests of founders while enhancing growth opportunities. We develop business structures, employee agreements and the like, in order to enhance the business equity for the founders while minimizing associated liability.
Securing funding is an essential, and challenging part of most start-up ventures. We work with technology start-ups to forecast the multi-year investment requirements of the business. From there we identify financing options and ultimately help secure new sources of financing. We are in a very good position to achieve this given our extensive business networks and track record.
Given a recognition that business plans almost always fail to accurately forecast the future, their use has somewhat fallen out of favour. They still however, fulfill a very useful purpose. First and foremost, it is essential to have a clear view of what the business is trying to achieve and why. This is essential, to ensure that the business is proceeding with purpose, and to convince others to back the business. It is, also important to invest appropriately in the development of the plan and to be prepared to make adjustments, as required.
In the event of an ongoing R&D effort, we can provide an assessment of the programme and capabilities. The vast majority of a technology company’s expenses are spent on R&D. An effective R&D organization benefits not only from reduced costs, but perhaps more importantly, improved time-to-market and reliable delivery. We perform assessments of processes, tools and related capabilities, and can provide and independent assessment of a programme, risks, and likely delivery outcomes. We can include recommendations for improving results. In addition, we can implement all, or part of those recommendations on your behalf, as appropriate.
R&D plans are notoriously difficult to get ‘right’. Given this fact, the popularization of Agile development methods has led many organizations to pay insufficient attention to planning. R&D plans, however, remain important to ensuring successful execution, but they must be appropriate for the nature and scale of development in question. Given years of experience with both conventional and agile development projects, we are able to devise plans that are both appropriate and effective.
Effectively staffing R&D programmes continues to be very challenging. Given the importance of talented developers to project success, as well as their relative scarcity, staffing or resourcing of programmes has become a global challenge. Successful businesses don’t just look to global sourcing (off shoring in most cases) as a means of reducing costs, but instead it has become essential to ensuring access to the best talent available. We have an extensive network that we use to provide access to the best global talent and teams.
We can manage your people or a blended team, in order to successfully complete programmes in a timely and cost effective way.
Understand product fit and potential is critical to appreciating the value and focus of a new technology and product. Our thorough understanding of the industry helps us more effectively characterize the opportunity and target for a given technology. This type of research is also critical to being able to raise funds for a new venture.