What Would You Do? with Maria Boicova-Wynants
“Are we protected?” Is that the right question for the board to ask? I don’t think so. It sounds responsible, adult. It sounds like governance. And maybe… five or ten years ago, that question was enough. Legal checked the portfolio. The CFO checked the budget. And… The CEO moved on. But hey, not anymore. IP is not just a downstream legal hygiene function. It never was, but nowadays it certainly isn’t. IP sits inside decisions about: -AI vendors. -Data and content assets. -M&A value. -Brand visibility in algorithmic markets. -Investor confidence. -Pricing power. -Competitive friction. -Exit leverage. And the majority of those decisions are NOT being made by Legal. They are being made by founders, CEOs, boards, investors and deal teams. Sometimes in rooms where the IP function is not even present. That is the danger. Not that the IP work is bad. The filings may be fine. The register may be tidy. The clearance work may be solid. The budget may even be perfectly reasonable. But the company may still be running…yesterday’s IP model in today’s market. The better question to ask is: “What is our IP doing for us?” Did it help us win a deal? Did it support pricing? Did it deter a competitor? Did it strengthen our investor story? Did it change the negotiation? Did it preserve optionality? Did it expose a risk before someone else priced it against us? If the answer is only a list of filings, that tells you something. You may have administrative IP. Useful. Necessary. Often important. But not yet strategic. In Episode 9 of What Would You Do?, I talk about the boardroom version of the sunk cost trap: This is not staying in a losing game, but staying in a (so far still) winning game that has quietly become… yesterday’s game. The hardest part is that nothing looks broken. Yet. The portfolio performs against the expectations that were set… years ago. And the problem is that the expectations have changed. Just… the world has changed. The companies that notice this early will ask better questions before acquirers, investors or competitors ask them first.
10 episodes
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