Spin-Off vs Start-Up
The internet offers a lot of advice for start-ups — some good, a lot of it bad. In fact, giving advice has become a profitable industry all by itself with the inevitable impact on quantity and quality. Much of the good advice is focused on Web2.0 start-ups and often a bit inappropriate when you are a university inventor looking to spin out a venture. Rather than repeating all the general guidelines for successful entrepreneurship, I want to highlight some of these differences and introduce a university founder perspective.