IP management critical for growing startups, say industry players
Claudia Chong
DEEP tech investor Origgin has only 4 key criteria it uses when deciding which startups to back, and 3 of them involve how well intellectual property (IP) assets are managed.
The early-stage Singapore-based investor has invested in over 30 startups to date. For each deal, it reviewed whether the startup’s IP is defensible, whether the IP can serve a large market, and whether the company’s team of research experts is credible.
“Well-managed IP assets are crucial for any deep tech startup if you want to get it off the ground,” said Origgin’s founder Clarence Tan, a serial entrepreneur who founded his first company in 1993.
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