Pete Tormey: Minimizing Impact of New Patent Law Jan-17 in Sunnyvale

Add comment January 11th, 2012

Bootstrappers won’t like the recently enacted patent reform law. Called the America Invents Act, it was signed by President Obama on September 16, 2010 and takes effect March 16, 2013. It provides for a “first to file” patent system. Currently a patent is awarded to the first person to invent and reduce the invention to practice, even if they file up to a year after invention. With the new law the patent will be awarded to the first person to file for the patent and the one year grace period will be gone.

Pete Tormey will talk about ‘America Invents Act”’ and answer questions about its implications for bootstrapping technology startups.

Cocos  1206 Oakmead, Sunnyvale, CA
7.30 am Tuesday 17th January, 2012

Pete Tormey moderates our Walnut Creek breakfasts; he is also a patent attorney at Antero & Tormey LLP. He offered his analysis of the new patent law update, the America Invents Act (HR 1249 112th Congress), concluding that it is an unfavorable development for bootstrappers.

Meet Our Team: Jeremy Leval

Add comment January 11th, 2012

Jeremy Leval is currently an MBA student at the University of Illinois Urbana-Champaign. At the young age of ten, Jeremy started his first entrepreneurial venture, Megamix Productions, DJing birthday parties for grade school aged children with only two plastic disco balls and a karaoke machine. Within five years, Megamix Productions acquired professional equipment, grew its client base and became registered as a legal corporation in the state of Illinois. When Jeremy was sixteen years old, he realized there was a growing demand for graphic work in the eBay seller community. In an attempt to capitalize on this opportunity, Jeremy taught himself graphic design and eventually grew his client base to over one hundred clients (including such manufacturers as Everlast Generators , VR3, and Salamander Sound Innovations Inc.). While working with these manufacturers, Jeremy learned their process for contacting, coordinating and negotiating with international manufacturing facilities. By his second year as an undergraduate at the University of Illinois Urbana-Champaign, Jeremy had successfully imported consumer electronics and glass art from China, India and Nepal. Recently, Jeremy has started a student based ride sharing website called IlliniRides.com to meet the growing demand for ride sharing amongst students at the University while lowering transportation costs and promoting green travel..