SummaryRaymond Millien, General Counsel at Xpansiv, shares his background and career journey in software engineering and intellectual property law. He discusses the importance of valuation in IP and how it can significantly impact a company's bottom line and share price. Millien emphasizes the need for companies, especially startups, to protect their IP through patents, trademarks, and other forms of intellectual property. He also highlights the value of having a strong IP portfolio in attracting investors and potential buyers. Millien predicts that software and AI will continue to dominate the technological landscape and advises focusing on the control and ownership of inventions rather than debating whether AI can be named as an inventor.TakeawaysValuation is crucial in intellectual property and can significantly impact a company's bottom line and share price.Startups and small companies should prioritize protecting their intellectual property through patents, trademarks, and other forms of IP.A strong IP portfolio can attract investors and potential buyers, increasing a company's valuation.Software and AI will continue to dominate the technological landscape.Focus on the control and ownership of inventions rather than debating whether AI can be named as an inventor.Chapters00:00 Introduction00:52 Raymond Millien's Background and Career Journey04:09 Transition from Private Practice to Industry07:31 The Importance of Being Proactive in Legal Advice09:49 Raymond Millien's Role at Volvo and Polestar11:35 The Value of Intellectual Property at Volvo21:32 Raymond Millien's Current Role at Xpansiv26:19 The Impact of IP on Valuation35:23 The Future of IP and Technology44:24 The Importance of Filing in the US48:31 Closing Remarks

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