Protection of IP during fundraising

Question

It seems to be common knowledge that VCs will not sign an NDA, and a startup appears amateurish if they ask for it. Is there any other way we can protect our IP, or is this just not a "luxury" we have? I have heard of cases where VCs have simply forwarded documents/IP from startup pitches to their own portfolio companies.

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Answers: 2 public & 2 private

Lawrence lau
IP Broker

Depends on your IP, it can be in the form of patents, copyright, trade secrets ... or in the case of internet, moving so fast that your brand (trademark + tradedress for UX) spreads faster than anyone else. Specific tactics depends on your product, market and competition.

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