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Nicolas Chaillan

https://en.wikipedia.org/wiki/Nicolas_M._Chaillan

Bio

Nicolas M. Chaillan (born August 3, 1984) is a French technology entrepreneur, software developer, inventor and investor. He is recognized as one of France's youngest entrepreneurs after founding company, WORLDAKT at the age of 15.

With 15 years of experience as CEO, he is currently the Chief Executive Officer of AKT IP Ventures, AFTER-MOUSE.COM, Wait List Ordering, Genome.care and anyGuest.com. He is also the Chairman of software holding group, Holding AKT, a self-defined "software incubation and propulsion lab".

Nicolas Chaillan is a leader in Intellectual Property, innovation, R&D and incubation. He is an expert in multiple technologies such as multi-touch, mobile solutions, IoT, Big Data, Cloud computing, Wearables and more.

In 2015, Chaillan decided to scale his incubation model and founded Incubation Partners, LLC in order to raise an incubation fund of $20M to create and incubate 10 to 15 companies.

Nicolas Chaillan was born in Marseilles, France. Since early childhood Chaillan displayed prodigious inclinations towards Information technology and computer science. Chaillan began to teach himself computer programming when he 7, and sold the code for his first video game at 11.

The career of Nicolas Chaillan is prodigious. At age 11, Nicolas Chaillan created his first "edutainment" game on PC. When he turned 15, Chaillan developed computer security systems that quickly gained recognition and acclaim from notable industry experts.

Chaillan became very early pioneer and contributor of the computer language PHP. He contributed to, and managed several modules and PECL extensions including: SPPLUS and Cybermut, two French secure payment solutions and world premiere at that time.

Nicolas Chaillan is considered to be a top expert in security and has participated in multiple industry conferences and has worked in close collaboration with the French government.

Nicolas Chaillan moved to the United States in 2010 in New York and now lives in Washington, DC.

Recent Answers

Early-stage Startups

How do you turn a product ( an app/ industry platform) into a business?


Nicolas Chaillan

https://en.wikipedia.org/wiki/Nicolas_M._Chaillan

This is the billion dollar question. Many times a product can become a full scale business. It will depend of how far you want to take it. Do you want to build a sales team and scale the business? I guess a product becomes a company once it generates recurring revenue and create jobs.

Loans

Should I add my business to my resume for my start up loan application?


Nicolas Chaillan

https://en.wikipedia.org/wiki/Nicolas_M._Chaillan

Any loan application will ask you what is your full time occupation. If 100% of your focus or more than 70% is on that startup, you need to disclose. They need to understand where your revenues are coming from. It's actually a legal obligation then to disclose it.

Selling

Where do l go to sell my patented idea?


Nicolas Chaillan

https://en.wikipedia.org/wiki/Nicolas_M._Chaillan

It is quasi impossible to sell a provisional. First, do the claims and file the patent. Once it's granted, then you will be able to look at licensing options. I actually run a fund that brings patent to life, we don't buy patents, we give equity in exchange of the IP. If you want to know more, we can have a call. Thanks.

Software Development

I want to sell a mobile app that would compliment an existing enterprise software by a major company. Can they reject my offer and copy my app?


Nicolas Chaillan

https://en.wikipedia.org/wiki/Nicolas_M._Chaillan

Of course. This is very risky since they also might have some patents. If it's just an "addon" or a feature on top of an existing very complex app, I would stay away from it. You would have to reinvent the wheel, build the full scale product, get traction and then try to sell it to them. Most companies don't buy features, they just rebuild them. Unless you can product it with a patent which is very different right now in the software space. Let me know if you want to have a call and if you have more questions.

Investments

I am an experienced lobster businessman in Nova Scotia. Where can I turn to find investments to take my company to the next level?


Nicolas Chaillan

https://en.wikipedia.org/wiki/Nicolas_M._Chaillan

This seems to be very interesting but I think you should stay away from most VCs who are mostly focus in IT etc. My expertise resides in VC funding in IT so I can't really help with Lobster but if you have decent financials of last year, you can probably go to the Angel route for a small round. Did you look at AngelList?

Venture Capital

What steps do I need to take to get a small venture capital fund ready to accept funds and start making investments?


Nicolas Chaillan

https://en.wikipedia.org/wiki/Nicolas_M._Chaillan

So if I understand correctly you're building your own fund and you're trying to raise capital to make investments. Building your own fund is a very complex process (I know, I did it with mine). You will need to get a law firm to help you build the GP docs and the LP docs: NDA, LPA, SBD, PPM, Term sheets etc. I could help you with a call if you have more questions. I do have some samples of these documents and can recommend some law firms.

Patent Prosecution

Any issues with patent trolls?


Nicolas Chaillan

https://en.wikipedia.org/wiki/Nicolas_M._Chaillan

It's becoming more and more difficult for patent trolls to litigate with the current discussions in Congress. It really depends of your market. If it's involving software patents, it's even harder. At Nesting Partners my firm actually bring patents to life then to product then to market to exit! We know quite a lot about patents and work with a lot of trolls (or NPEs) to help them find an alternative to litigation.

Marketing Strategy

How do I expand my niche freelancing gig into a business?


Nicolas Chaillan

https://en.wikipedia.org/wiki/Nicolas_M._Chaillan

Hello, If you're looking for people like me (who have the change to have a Wikipedia page), you should target them with LinkedIn ads. I believe LinkedIn will get you better results than Facebook or Twitter.

Business Valuation

How can I set an appropriate valuation for my startup's seed round?


Nicolas Chaillan

https://en.wikipedia.org/wiki/Nicolas_M._Chaillan

Defining a valuation for a seed round for a startup can be pretty difficult. It depends if it's pre-product, pre-revenue, what market etc. It will also depend of the size of the round itself. Would love to help you if you let me know more.

Analytics

How can I implement analytics on a hardware product that runs offline most of time?


Nicolas Chaillan

https://en.wikipedia.org/wiki/Nicolas_M._Chaillan

What I usually do with my team is to store the data locally until the machine connects to the web and then push it to the cloud at that point. The data won't be live but at least it will appear once the PC is online. Makes sense?

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