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Radio Show #61: Entrepreneurs stay focused with an open-mind – November 15, 2007

Click  below to listen now
  Randy Broberg, Partner Allen Matkins
Randy Broberg, Partner Allen Matkins
Randy Broberg
Partner Allen Matkins
Negotiations with a venture capitalist can sometimes result in a tug of war
Negotiations with a venture capitalist can sometimes result in a tug of war
Neil Senturia and Barbara Bry, the Baby and the Babysitter
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Rock, paper, scissors

  • Attorney Randy Broberg and Neil discuss tips for negotiating with venture capitalists and stress the importance of achieving as many product development milestones as possible without running out of money. After all, every dollar spent is another dollar needed from an investor, and thus another piece of your company that you'll have to give up.
Never batten down when brainstorms approach

  • In organizations where people are afraid to speak up, good ideas don't see the light of day. Learn to embrace ambiguity and welcome intelligent dissent. Remember Baby Billionaire Rule #307: Candor must be rewarded, and incentives must be in place to encourage it.

Randy Broberg, named one of the best transactional intellectual property attorneys by the San Diego Daily Transcript, is a partner at the law firm of Allen Matkins. www.allenmatkins.com His diverse clients have included representing General Atomics in a manufacturing agreement against a Korean company, representing tennis player Serena Williams to acquire the domain name, www.serenawilliams.com, and trademark representation of Directed Electronics which makes the Viper car alarms.