Wednesday, May 27, 2026

Byju’s, Theranos, AI Companies’ Copyright Saga Etc. -> What They Teach You About Start-Ups, Private Equities, Unicorns?

 

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