Before investing in patents, all startups should take two simple, low-cost steps: briefly check freedom to operate and put the right legal documents place.
Trying to cut costs by engaging a generalist attorney may lead to bigger problems that take more time to solve — and will have you paying extra in the long run.
Winners in the new world — as well as smaller startups or those leveraging existing relationships — will still close deals during this period. But be wary of investors who use this environment to propose term sheets full of red flags.
