Re: Re: [newtech-1] When pitching an idea, how to prevent idea from being stolen?

From: Frankie B
Sent on: Friday, July 26, 2013 3:48 PM
OP here

Thanks for this. Topic isnt closed and many people had great feedback.

Idea => Validate idea => MVP => Protection

Thats the way I am going with another project. If someone gave me that response though, I would flip it on them. Uncool to assume you mean that when you can be humble and eager to show at a later time because of moral values and such.

Regardless. My goal was to see about seeking early stage funding for a project I'd like to work on instead of getting to MVP and then going for the battle. Would be amazing to go that route and easier as you can assume but really to get feelings from people here.

Thanks all -


On Fri, Jul 26, 2013 at 12:51 PM, Betty Wright <[address removed]> wrote:

Yes, agreed premature public disclosure can be fatal when seeking a patent, especially in Europe.  A nonprovisional should be applied for before public disclosure (print or crowdfunding efforts).

Betty

On Jul 26,[masked]:09 AM, "Robert Gezelter" <[address removed]> wrote:
Ryan,

There are details and details.

If you are dealing with a technology that contains patentable elements,
speaking "out of school" may come back to haunt. I am not an attorney,
but I have been present (as a consultant and "Expert" witness) often
enough when the date on which the material underlying a patent was
disclosed to outsiders was an important, if not THE most important,
issue. Premature disclosure, publication, or sale can be a serious
problem.

With regards to Silicon Valley vs Silicon Alley: I have dealt with firms
in both places, and practices vary. The other year, I visited a
well-known Silicon Valley-based firm to pay a social visit. Before
getting past reception, I was asked to sign a rather in-depth NDA. They
are not an absolute outlier.

Small startups tend to be looser, but whether this is a sound idea or
not is hard to say. Some openness is good; in other environments it can
be fatal.

Use care. Saying the wrong thing in a non-private forum can be severely
damaging down the road.

- Bob Gezelter, http://www.rlgsc.com



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