A large delegation is not a sign that the corporation
Posted: Mon Dec 23, 2024 9:32 am
It would be wrong to refuse such an opportunity. But you shouldn’t trust everyone who comes to the meeting. They may be trying to steal your idea.
You need to be wary when “business sharks” start showing interest in your idea: corporations and their subsidiaries. If you hold several meetings with the same people, and the questions concern the mechanisms of your product’s functioning, put the negotiations on pause. Say that you are already concluding an agreement with another organization.
Truly interested companies will try to “outbid” the offer.
If your meeting with potential partners ended on a mailing list by zip code good note, but they suddenly disappeared, it means that they were not interested in the product for investment.
Pay attention to those who come to the negotiations. is interested in your idea. It is a way to distract attention in order to find out the secrets of the project.
A non-disclosure agreement or a letter of intent will help to avoid theft of intellectual property. Those who want to steal the idea will refuse to sign the documents. But they will not stop those who are really interested in the project.
It will be even calmer if you register the invention with the patent office.
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A “potential investor” can offer to create a joint venture for your project
You need to be wary when “business sharks” start showing interest in your idea: corporations and their subsidiaries. If you hold several meetings with the same people, and the questions concern the mechanisms of your product’s functioning, put the negotiations on pause. Say that you are already concluding an agreement with another organization.
Truly interested companies will try to “outbid” the offer.
If your meeting with potential partners ended on a mailing list by zip code good note, but they suddenly disappeared, it means that they were not interested in the product for investment.
Pay attention to those who come to the negotiations. is interested in your idea. It is a way to distract attention in order to find out the secrets of the project.
A non-disclosure agreement or a letter of intent will help to avoid theft of intellectual property. Those who want to steal the idea will refuse to sign the documents. But they will not stop those who are really interested in the project.
It will be even calmer if you register the invention with the patent office.
What is a patent for an invention and how to apply for it
Read the article
A “potential investor” can offer to create a joint venture for your project