its not just about the value of the tech
its David vs
its not just about the value of the tech
its David vs Goliath -I've never seen any white knights-only gray and black nights
imo big corporations always take advantage of startups-why? Because they can!
Justice and fairness have not been part of the vocabulary for ca 50 years
when i went to law school -the law school culture taught, "forget about childhood concepts of truth justice honor integrity morality- those things no longer exist. There is no truth-there is no justice -there is no morality ..etc. You are hitmen."
Some of the popular teachers-practicing lawyers-officers of the court- taught how to violate judges orders!"
if there is no ideology in school -there certainly wont be in practice.
My work was instrumental in breaking powerful interests control over a state legislature and winning a landmark victory therein against massive amounts of decades of fraud and innumerable lawyers by the other side. Those powerful interests were shocked they lost that fight-they hardly if ever lose- but they fight dirtier than hell and they simply went to powerful federal interests which they controlled to violate what the state legislature ruled via federal preemption.
You are not dealing with normal people when you are dealing with power brokers. You are almost always dealing with ppl who have no conscience. Some leaders say 4% of society are psychopaths and those are the ppl who are running society.
startup after startup gets destroyed by toxic financing.
NNLX has been trying to avoid those toxic shortcuts. Its almost impossible for a small co like NNLX to get a fair deal with a much larger player.
That is what this imo is about - not about the value of the tech.
If the startup doesnt float bellyup by accepting a toxic deal the big co's just move onto their next victim-makes no difference to the big co's -always plenty of waiting victims out there to swallow up.
those are the cards- the value of the tech is not the problem imo.
plus a fair jv deal-in the rare case it can be achieved- normally takes 18 -36 months from what i've seen.
NNLX has opened themselves up to many financing possibilities- all of which take months to years-as i've explained in great detail many times-if they can do the almost impossible by getting a fair deal.
over 90% of startups ate destroyed because they wont wait and fight for a fair deal.
Its not about the value of the tech!!!
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