Question
Hello, we want to send pitch documents including a business plan, some financial information and some technological clarifications regarding our product to a VC who has expressed interest in our startup. Is it smart to give that much information to a potential investor?
We are especially interested in how our Intellectual Property would be at risk. How can we minimize our exposure if an NDA is not really an option?
Answers: 1 public & 0 private
From the technological perspective, it is not advisable to disclose your product before filing a patent application. Most disclosures typically preclude you from obtaining protection (patent or design) for the product later down the road. An NDA would help keep details of your product confidential. There is a real risk that you would be precluded from obtaining protection for your product, particularly if you are providing "technological clarification" on your product, if an NDA is not put in place.
Recent questions
I sometimes see questions on forums like Quora about how to stop people stealing your invention i...
4 5386 2I am looking for useful sources on protecting copyright. I am in the process of writing a book ba...
3 6114 2What is the current wisdom on compiling news feeds on a third party website so far as copyright i...
1 3962 0This might be a silly question but I’m a bit confused by ‘prior disclosure’ as it applies to pate...
2 4823 1Do you have a question about your invention or intellectual property?
Search the questions below or post your enquiry to one of our experts via Directory.
(User questions are no longer posted publicly on this page.)
