Software startups are more likely to raise VC funding if they can demonstrate they have a defensible product or service. One of the ways of making a product de

Software startups are more likely to raise VC funding if they can demonstrate they have a defensible product or service. One of the ways of making a product defensible is to patent its underlying technology. If a software startup doesn't hold a patent, there is a chance a larger player could just copy the startup's product or service and drive the startup out of business.