Advice for Crowdfunders from an Intellectual Property Attorney – AOTK214




Art of the Kickstart show

Summary: For this exciting episode of Art of the Kickstart, we interviewed Vincent LoTempio, an intellectual property attorney who has worked with many exciting clients, including the inventor of the Selfie Stick. Tune in to learn more about different types of intellectual property, how inventors and crowdfunders can protect their intellectual property and much more.<br> Key Takeaways<br> <br> * The difference between a utility patent, a design patent, a trademark and a copyright<br> * Why an inventor should file for a patent or trademark<br> * When an inventor or crowdfunder should file for a patent application<br> * How project creators can protect their crowdfunding campaigns from knock offs<br> * Why provisional patent applications are important for crowdfunders<br> <br> Links<br> <br> * <a href="https://www.lotempiolaw.com/kickstart/" target="_blank" rel="noopener">LoTempioLaw.com</a><br> * <a href="https://artofthekickstart.com/wp-content/uploads/2017/11/Benefits-of-IP-Registration-LoTempio.pdf" target="_blank" rel="noopener">Benefits of IP Registration</a><br> * <a href="https://www.lotempiolaw.com/2012/03/patents/yahoo-patent-case-against-facebook/" target="_blank" rel="noopener">Yahoo Patent Case Against Facebook</a><br> * <a href="http://amzn.to/2jrQyFt" target="_blank" rel="noopener">The Force by Don Winslow</a><br> <br> Connect With Vincent LoTempio<br> <br> * <a href="mailto:vincent@lotempiolaw.com">Vincent@LoTempiolaw.com</a><br> <br> Sponsors<br> Art of the Kickstart is honored to be sponsored by The Gadget Flow, a product discovery platform that helps you discover, save, and buy awesome products. The Gadget Flow is the ultimate buyer's guide for cool luxury gadgets and creative gifts. <a href="http://gdfl.co/1W4WoeH">Click here</a> to learn more and list your product - use coupon code ATOKK16 for 20% off!<br> <br> <a href="https://www.backerkit.com/admins/sign_up"></a>Art of the Kickstart is honored to be sponsored by BackerKit. BackerKit makes software that crowdfunding project creators use to survey backers, organize data, raise additional funds with add-ons and manage orders for fulfillment, saving creators hundreds of hours. To learn more and get started, <a href="https://www.backerkit.com/admins/sign_up">click here.</a><br> Transcript<br> View this episode's transcript<br> <br> Roy Morejon:<br> <br> Welcome to Art of the Kickstart, your source for crowdfunding campaign success. I’m your host Roy Morejon, president of Enventys Partners, the top full service turn-key product development and crowdfunding marketing agency in the world. We have helped startups raise over 100 million dollars for our clients since 2010. Each week I’ll interview a crowdfunding success story, an inspirational entrepreneur or a business expert in order to help you take your startup to the next level with crowdfunding. Art of the Kickstart is honored to be sponsored by BackerKit and The Gadget Flow. BackerKit makes software that crowdfunding project creators use to survey backers, organize data and manage orders for fulfillment by automating your operations and helping you print and ship faster. The Gadget Flow is a product discovery platform that helps you discover, save and buy awesome products. It is the ultimate buyer’s guide for luxury gadgets and creative gifts. Now let’s get on with the show.<br> <br> Welcome to another edition of Art of the Kickstart. Today I am joined with Vincent LoTempio. Vincent, thank you so much for joining us.<br> <br> Vincent LoTempio:<br> <br> Well, thank you for having me. I really enjoy this kind of thing.<br> <br> Roy Morejon:<br> <br> So, Vincent, you are an expert on intellectual property law, and you have a key focus on patent and trademark laws. Obviously this is super helpful to all of our entrepreneurs, our businesses, our start-ups,