This past holiday season, I had the opportunity to ask Joe Platnick of the Pasadena Angels a few questions about his group. I want to thank Joe for taking time out of his busy schedule to answer a few questions and to help educate our community about the benefits that the Pasadena Angels has been providing to our community since its founding in 2000. Click here for Joe … [Read more...]
Raising funds requires an inventor to disclose a portion or the entirety of the invention to investor (e.g., family and friends, angel inventors and venture capitalists). The disclosure should be made under conditions which protect the inventor.
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An inventor may want to attract investors (e.g., angel investor) to help with the finances of launching an invention. The inventor might just have an idea and nothing else. They may not have started the patent process, engineering, prototyping, or proof of concept and are really at the very beginning of the launching process. However, they may want the investor to share in … [Read more...]
Good question. The bottom line is that a contract (i.e., confidentiality agreement or non-disclosure agreement) and a patent application protect your interests in different ways. Hence, the recommended course of action is to do both (1) file a patent application and (2) have the investors and licensees execute a confidentiality agreement to protect yourself. If you don't have … [Read more...]