Executive Summary
PatSnap Venture Program proposes a governance framework that enables high-potential innovation to be incubated with clear IP, conflict-of-interest and investment rules. Rather than treating founder employees as exceptions, the program establishes a repeatable mechanism for strategic ventures aligned with PatSnap's long-term AI strategy.
Part I. PatSnap Venture Program
Objectives
Retain entrepreneurial talent.
Create a pipeline of AI products and future acquisitions.
Encourage rapid experimentation with appropriate governance.
Allow PatSnap to invest selectively in high-potential ventures.
Program Design
Eligibility criteria and board approval.
Clear IP boundary and confidentiality rules.
Conflict-of-interest disclosure and annual review.
Strategic investment, commercial partnership, or acquisition paths.
Part II. PatSnap × Dokki
Dokki was initiated before the founder joined PatSnap. The company would be led by Brad as CEO. The employee remains a minority operating participant while continuing full-time employment at PatSnap, subject to company approval and governance.
Option A – Strategic Partner
No capital investment.
PatSnap receives negotiated strategic equity and future investment rights.
Pilot collaboration without operational control.
Option B – Strategic Investor
PatSnap invests capital at an agreed valuation.
Receives minority equity and strategic rights.
Potential commercial collaboration and future acquisition option.
Governance
No use of PatSnap confidential information.
No overlap with employment responsibilities without approval.
Transparent disclosure and board oversight.