Question
VCs seem to ask frequently about the risks faced by a potential target company's business model. We are a software development startup with a wide range of possible industrial applications of our product. How do we determine our risks in terms of regulatory issues, product liability, IP? Are those things even relevant to us?
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Speaking to the issue of IP, I would surmise that you would want to discuss what your products/applications are, what your anticipate commercialization will look like, and what you obviously want to protect in the nature of patents and trademarks. A common rule to follow is 80/20 - put 80% of your resources into your 20% most important products or applications.
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