I once was contacted by a multibillion dollar, publicly traded German company that wanted to use one of our trademarks for their new line of products.
I asked them how much they were willing to offer in exchange for a licensing agreement. In their response below, you’ll see them inform me that company policy prohibits them from compensating me for it, but they’d be happy to cover reasonable legal fees.
Translation: they wanted to use my trademark and they were offering me absolutely nothing in return.
If you follow any sort of tech news, I’m sure you’ve heard about Pebble – the runaway Kickstarter success story that has sold over $7 million worth of watches virtually overnight.
The project was launched by a 25 year old guy and a couple friends. As with many success stories, they turned to Kickstarter as a last resort after being turned down by a number of (regretful) venture capitalists.
I was reading a New York Times article today and it quoted one of their critics, Robert Fabricant – the VP of some big-time development firm – “casting doubt” on their success:
“Mr. Fabricant, like others in his field, cast some doubt on the notion that it was possible to sidestep the traditional routes to building a business, particularly through a service like Kickstarter. They say young, inexperienced business people need advisers, mentors and a network of support to help them deal with the problems that can emerge.”
How much should I spend on rent? On food? What the #$% is a 401(k)?
Money doesn’t buy happiness, but it does buy an eccentric imagination and a great legal team to significantly improve your odds of not getting arrested for pursuing it. Read on as I demystify the ridiculously complicated world of personal finance and get you on a path to stockpiling cash.
Disclaimer: I am not a financial advisor, and my lawyers don’t have my forwarding address in Argentina, anyways. Also, I wrote this post on my iPhone while traveling on a 35 hour bus ride to see the glaciers in Patagonia – please excuse any rambling.
For me, New Years Eve was never so much about resolutions as it was about drinking champagne. Sure, on December 31st I can’t help but think back nostalgically on the year that has passed, but I have always felt that the holiday was too public a time to really reflect. Besides, champagne has a way of…uh, narrowing your focus down to the moment at hand, rather than looking at the big picture. Continue reading →