💡Protecting your idea on a shoestring budget can be daunting.
💰In a world where ideas are dime a dozen and institutional investors don't sign NDAs, sharing your idea becomes inevitable.
Whether it's for finding a cofounder, validating your concept, or other reasons, the need to socialize your idea is real.
🍎 But not all ideas are created equal; some are the result of years of research and hard work, not just apples falling on your head.
🧠I recently came across a valuable suggestion from Balaji during a call with first-time founders.
He recommended starting with a provisional patent—a cost-effective alternative to a full patent application.
🔒With a provisional patent, you have a year to conduct due diligence and research before filing the complete application.
📝Some attorneys even offer to file patents for free, charging only once you secure funding. It's an option worth exploring.
Disclaimer: This is not legal advice. Please consult a legal advisor or attorney for clarification.
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