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Because of our own experience--as patent attorneys, inventors, and engineers--we know the barriers that entrepreneurs and innovators face in turning big ideas into successful products. And how to overcome them.

Peter Tong is a cofounder of IpVenture. Before IpVenture, he cofounded and served as CEO of ProfessorQ (later renamed Mindfabric), a CRM software company based on patents he co-invented, using natural-language search technologies; the company was in business from 1999 to 2004. He also cofounded IpLearn, a technology development and licensing company for the e-Learning industry. He holds dozens of patents based on technologies he co-invented and has licensed them to a number of companies. Tong has a JD/MBA from Santa Clara University and a Ph.D in electrical engineering from Caltech. He has practiced intellectual property law at Bay Area law firms and at Hewlett-Packard, where he also developed a number of instruments.

Doug Thomas is an inventor, entrepreneur, lawyer and a cofounder of IpVenture. As an intellectual property attorney, he has represented Fortune 500 companies, individuals and emerging companies in developing and protecting their intellectual property assets. As an inventor and entrepreneur, he has obtained and licensed various patents on his own innovations. Thomas has a BSEE from Pennsylvania State University, a JD from Dickinson School of Law, and an LLM with specialization in Intellectual Property Law from George Washington University School of Law. He has also served as an adjunct professor at University of Santa Clara School of Law. Thomas was selected to be a member of Who's Who of American Inventors in 1998-99.


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