[zio99]

What's stopping someone from using the lessons learned from a failed company over to a new entity - IP ownership? E.g. I'm pretty sure Waterloo Velocity doesn't own a stake in Pebble (the iPhone watch) even though the project began there as Allerta (a Blackberry watch) and was admitted into YC as inPulse. Wondering if these are just company name changes, or product name changes, or separate entities? As the founder would have therefore received funding for R&D from Velocity, YC and Kickstarter without necessarily putting out a product. (Though I'm sure there's some intellectual property claims made). That would mean a +1 in favour of patents, to protect the interests of the accelerator.