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Success in business as a foreigner requires making friends in high places, plus some IP transfer.
by greesil 6y ago
Success in business as a foreigner requires making friends in high places, plus some IP transfer.
- pacman2 6y agoI am happy to deliver IP, if the price is right. In fact, I just submitted another patent that I plan to sell in China. You don't need friends in high places, at least I did not require this. But do you think US SBIRs and government contracts are really open?
- greesil 6y agoAs far as I understand it SBIRs are a way to get seed rounds, maybe a series A, in silicon valley parlance. I'm sure there's an ecosystem of people in the know who get them regularly, and it's not a meritocracy. It's just kind of small change vs private equity investing that I'm just amazed to have found somebody who seems to have a grievance against it. But I haven't lived your experiences so who am I to kibitz. If you're successful over there more power to you.
- aspaceman 6y agoWhat is this total bullshit? Like hello? This isn’t true at all?
- greesil 6y agohttps://www.bu.edu/jostl/files/2020/08/3-Lee.pdf https://www.bu.edu/jostl/files/2020/08/3-Lee.pdf I don't do business in China, so I'm not speaking from personal experience. It seems forced technology transfer is a thing.