Almost a decade back, few engineering grads from
a premium institute came and asked me for help to do their IP valuation, who for their
company had good finance backing. My first response was, we’ll do valuation
later, but first, your prototype model as well your brand itself, seems to be a
slight rip-off from an existing one, thus, we must first change all that, and
it won’t take much time, including altering this prototype. As I’ve suggested many
inventors as an external consultant, what would and won’t work in their own
inventions. I’m Not talking about Infringement Analysis. No! That any automated
software can do! BTW such AI wasn’t even existing back then! I’m talking
about actual changes in the core invention that make your hardcore claims workable!
Now, continuing to my story, those guys somehow dispersed to do Master’s
Course somewhere ABROAD. What happened to their company, no idea. Because,
someone told them, it is not their Prototype which is the issue, But, getting
ANY Master’s Degree first from Abroad (from ANY Nation) will help you get Investments.
Problem is, when your media only infuse these
complexes within your own population, then, such lands are always boiling. What
happened in the US? It was told that only a Harvard or Stanford drop out can
have $200B in his/her bank account because only their Prototype will Work. So,
my question is, shouldn’t their Phd holders then be travelling across at least
in the 4th Dimension? Correct? The same case is
in India. Rooted complexes. You would question the imperialism & freedom
& rights, but, would be the first standing outside the embassies!
Herein the whole problem comes! Why Theranos got
Funding? Why Byju’s had billions? Why OpenAI, Search Engine Giants had their thriving
business models, DESPITE, going against BERNE, TRIPS, PARIS Convention? Because
someone told them, that the Ivy League would shelter any discrepancy, so no
worries!
Of course, you need a trader to market an
inventor. No doubt, and I’m not denying that! You need a market for the invention
to be converted into an innovation. I’m not denying that either nor refuting! But
should the Board of Directors be Busy explaining the inexplainable issues, concerns,
and, their faults; OR, should the Board Of Directors be concentrating more on
the way forward innovations? That is the problem wherein the Unicorns, Private
Equities, Start-Ups -> Fail!
Just A Thought!
© Pranav Chaturvedi 2026