How can I ensure a potential investor does not steal my idea?
If you’ve developed a great concept, you may now be considering raising capital or bringing in partners. An investor or a business partner may prove vital in bringing your concept from an idea to a fully executed business. However, pitching your novel idea to anyone else without first taking steps to protect it could lead to idea theft. Our Austin, Texas intellectual property law lawyers discuss some steps you should take before pitching your idea below.
A non-disclosure (NDA) or confidentiality agreement is a legal contract between two parties. An NDA will inform the parties that confidential information is being disclosed and the parties must maintain
Before approaching others about your idea, you will want to have them sign an NDA prepared by your attorney. By using an NDA, you can disclose your idea without
Intellectual Property Protections
In addition to an NDA, you may wish to consider seeking intellectual property
Contact an intellectual property law attorney for more assistance with protecting your new idea. Taking some early steps to protect your concept could prove essential in the long run towards maintaining the confidentiality of your idea.