How to Protect Your Product During a Pitch
There is no absolute guarantee that no one will ever try to stea
l your idea, but that should not stop you from pitching to investors. If you avoid giving financial presentations to potential investors you are basically ensuring that you will never get any investors.
Tell that to Robert Kearns. If someone is serious about securing more than a few thousand dollars in venture capital, they first need to retain a qualified attorney to offer advice on protecting their intellectual property while forming financial partnerships.
You are giving terrible advice. How do you know the value of someone’s idea if you don’t even know what the idea is?
Facebook? Look at how many lawsuits have been filed contesting who’s idea Facebook was and who owns the rights to it.
What’s worse is that I don’t think you have a deep understanding of the process of securing venture capital in its various forms. Someone doesn’t just give a few pitches and then get a pile of money. It is MUCH more complicated than that.
Until you’ve sat on a committee that makes decisions about structuring venture capital awards or you’ve secured venture capital for your clients, you really have no business giving out advice on the subject.