What should I know before starting a company for the first time? What are the major differences between being in academia and being a CEO? What is your advice for academics who are about to embark on the startup journey? What is your number one piece of advice for academics about to embark on the startup journey? What is your number one piece of advice for early-stage founders? What is your number one piece of advice for founders of university spinouts? What are the first steps for university licensing? How should a founder prepare for the licensing process? What mistakes do founders make as they navigate the university licensing process? How can I best prepare for the spinout process? When is the best time for a Postdoc or PhD student to engage a lawyer? How can potential university spinouts find attorneys to work with? Do law firms defer fees for university spinouts? How will I know when a technology is ready to spin out of the university? How do I know when technology is ready to be commercialized? How do I know when technology is ready to be commercialized? What is your advice for women faculty and grads who are interested in starting companies in STEM fields? Can I start a company while continuing my academic career? How do you recommend spinout founders split equity? When is the right time to incorporate? How should founders think about IP when starting a company? How can I get the most out of my relationship with my lawyer? Are there any legal documents I should make sure to have in place before starting my company? What are the goals of the university licensing office? How should I navigate university tech transfer? What are the major components of a university license? What is the role of the Principal Investigator in discussions? What is the typical timeline and process for licensing discussions? Are there any benchmarks companies can follow when negotiating university licenses? When should a startup think about an option vs. full license? What are standard university licenses? When should I use a standard university license? Is exclusivity important in the licensing process? How much ownership should I expect the university to take? Are there any ways that startups can help leverage themselves and companies in the negotiation process? What advice do you have for academics who are raising capital for the first time? How have you created relationships outside of academia? Can you share your founding story with us? How did you get started? Can you share your founding story with us? Can you share your founding story with us? How did you get started? How can university spinouts best utilize university resources and connections? What should a professor's role be after the company forms? What should a professor's role be after the company forms? What should a professor's role be after a company forms? Part 3: How much ownership should I expect the university to take? Part 2: How much ownership should I expect the university to take?