Avalon SteriTech Lessons from a Former IP Lawyer as a StartUp Founder in Biotech and AI Rashimah Rajah Terence Fan Ricky Leung
Financial Analysis
Section: Executive Summary Executive Summary Avalon SteriTech (ASL), a startup company in the field of biotechnology and AI, was founded by me, Rashimah Rajah Terence Fan Ricky Leung, as a part of my pursuit to create a sustainable, profitable, and responsible global enterprise. Our vision is to provide a comprehensive range of solutions in the field of biotechnology and AI that address the present and future challenges of the biotechnology and
SWOT Analysis
Firstly, I am a seasoned lawyer turned business person with extensive experience in patents, trademarks, copyrights, and trade secrets. In my experience, I discovered that IP is the best investment for startups. When starting a new business, every small startup entrepreneur needs a patent attorney to file the applications and to monitor the protection of the IP. However, for most founders, this task would be too time-consuming and expensive. They would prefer not to engage a lawyer, but it is crucial to protect their
Porters Model Analysis
Avalon SteriTech is a technology start-up that uses wastewater for sterilization. They have raised over $5M in angel funding from investors including Drew Houston (Founder and former CEO of Dropbox, ex-President at Dropbox) and David Elias (CEO of 53) in November 2017. The company’s founders are Rashimah Rajah, a former IP lawyer, and Terence Fan, a former research scientist. They are the only founders
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I never imagined that I would become a biotech and AI entrepreneur. However, in 2016, I took the plunge and founded a biotech company — Avalon SteriTech — at the tender age of 23. After graduating from university, I started my career as a patent lawyer with one of the top 10 firms in Hong Kong. It was a rigorous and demanding environment where I learned the fundamentals of intellectual property (IP) law. However, my th
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Several years ago, when I was in my final year of law school, I took a course in Intellectual Property Law as part of my legal education. One aspect that stood out for me was a concept called “First Sale Doctrine.” It is a right in the copyright laws that allows individuals to sell or transfer ownership of an item, including books, music, or video games, provided that it is used in a “legitimate” way and for a “legitimate purpose.” In this regard, “legitimate purpose” is considered to be ”
Alternatives
I’m happy to report that Avalon SteriTech just closed a Series A round of $2.5 million in December 2021 from a group of investors who see value in our technologies that we have been developing since 2017. This funding will enable Avalon to develop its technologies further, improve its technology, and hire additional employees to accelerate R&D and commercialization. As a serial entrepreneur and experienced IP lawyer, I’ve seen the ups and downs of the startup journey from both check over here