451 karma · joined April 2, 2008
I got my Ph.D. at MIT and I co-founded Agrivida. I work now at the Rockefeller-funded non-profit PIPRA where I help universities and small-businesses in developing economies commercialize their research.
I'm also a partner at Stone Lion Ventures and owner of PriorSmart, which provides awesome, low-cost services to IP attorneys.
Fundamentally, you do not need to make as much money as they do because you're a lean team.
* Article: http://www.patentlyo.com/patent/2010/05/patent-grants-2010.h...
* Charts (top left): http://news.priorsmart.com/
Heard this once: 90% of zero is zero. You want a split that incentivizes your partner to make your part worth millions and the best way might be to give them more.
I'm guessing the variance is due to different agencies implementing different security stuff. Again, 3x verified & no intent of FUD --- I love linode.
"A system for quickly and easily accessing preselected desired addresses or URLs on the Internet is disclosed in which a published list of Internet or World Wide Web sites together with their unique jump codes is utilized in connection with a corresponding specialized Web site which is accessed by a user using either a personal computer or a TV Internet Terminal and remote control, after which access a jump code corresponding to the preselected desired URL is entered by the user and software contained in the specialized Web site immediately and automatically accesses the desired Web site."
Bitly?
I agree regarding metrics: if it's absolute returns, there's little hope for the univ-associated incubator model. This is at least partly because you might be obligated to spend time with teams on which you would otherwise pass.
But, clearly the university has numerous metrics including faculty/student retention & opportunities, community development, publicity, etc.
May I ask -- is your negative perception rooted in experiences with incubators?
[Sorry for not naming the university -- just didn't seem appropriate quite yet as it is still up-in-the-air.]
It seems like Clojure would be super useful in number crunching like scientific computing, etc.