FT.com / Your investments - Words of wisdom from the dragon’s mouth: "Another relevant factor is the threat from competitors. Richard says Britain’s venture capital investors have traditionally been fascinated by defensive positions such as patents and trademarks. But he believes these defences are not essential – clear benefits to the customer and a headstart on the competition are enough.
“I spent 20 years in software – there’s no defence. Yahoo, Google and Microsoft got by without defence.”"
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment