How do you become a high growth digital technology business attracting investors and corporate clients?

What we do at PAIL is assist start-ups that already have a product and are revenue generating but are still looking to make that transition to corporate clients or to take investor funding. This transition is not an easy one. If your business has largely been done by employing people-per-hour consultants on a pay as you go basis or writing your contracts yourself, it is difficult to navigate the complexity of licensing technology to a corporation as all of them have rigorous procurement processes. One of the major validation concerns of corporations and investors is the longevity of your business model i.e. are you a here today and gone tomorrow. Apart from ensuring legal compliance we offer insight into how a business can be better prepared from generating revenue to being a high growth business. We are fortunate enough to represent a few such businesses. Are you feeling the itch to make the shift from selling to consumers and SME’s to acquiring corporate clients and institutional investors?

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Life cycle of a digital tech business: how to take your start-up to corporate success?

The author Peter Adediran is a UK qualified and fully licensed current practising solicitor specialising in mobile applications and ecommerce related B2B and B2B2C start-ups and later stage SME growth. His areas of expertise include using intellectual property to add to business value, and drafting growth and exit focused commercial agreements. His breadth of experience over 18 years includes more than a 100 start-ups worth over $100 million

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Mobile app privacy agreements

Mobile app privacy agreements surveyed in a global study by the Global Privacy Enforcement Network in 2014 revealed that the majority of the mobile app privacy agreements failed to comply with privacy standards. 26 privacy and data protection authorities in 19 countries took part in the study. The UK Information Commissioner’s Office (ICO) (UK data protection authority) also participated.

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Mobile app developer non-circumvention agreement

Mobile app developer non-circumvention agreement explained by mobile app expert lawyers

So you have come up with some novel ideas to develop some features for a native mobile app for IOS or Android. Assuming you cannot code yourself, you will want to start approaching coders to build the app. But how will you prevent those developers stealing your ideas or building the same or a similar app for other another business? This is a major problem for a business because you don’t want to spend thousands developing an idea only for it to copied. Obviously you have to tell a developer about your ideas for them to build the app in the first place. Also the developer will build the app with the skills and knowledge that they have acquired over the years, and these skills are transferable

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