Lawrence Barse
New Contributor
- Joined
- Mar 8, 2014
- Messages
- 49
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User Power: 65%
Hi everyone,
last month I came up with an Idea for a Mobile Application. I shared this idea with my close friend to get his thoughts and opinions about the app. He liked the idea, and we've spent the last month brainstorming about the features of the app and what all features should go in the MVP version.
Recently, we've decided to partner with another friend who will provide all the support through his team of programmers to get the App right.
Yesterday we had a call together on how to proceed with this project. We decided the timelines, the capital that will be required and what we currently have etc. etc.
During this discussion, we thought that after 2 months of development, we go to a VC and ask for his help, not just financially, but also in terms of his knowledge and experience.
Now what concerns me is that, since this is an Idea and if we present it to the VC, and just maybe he feels like he should peruse this idea by himself...since he may have many contacts and ventures willing to work for him.
How can I possible protect this Idea and whatever we are developing??
last month I came up with an Idea for a Mobile Application. I shared this idea with my close friend to get his thoughts and opinions about the app. He liked the idea, and we've spent the last month brainstorming about the features of the app and what all features should go in the MVP version.
Recently, we've decided to partner with another friend who will provide all the support through his team of programmers to get the App right.
Yesterday we had a call together on how to proceed with this project. We decided the timelines, the capital that will be required and what we currently have etc. etc.
During this discussion, we thought that after 2 months of development, we go to a VC and ask for his help, not just financially, but also in terms of his knowledge and experience.
Now what concerns me is that, since this is an Idea and if we present it to the VC, and just maybe he feels like he should peruse this idea by himself...since he may have many contacts and ventures willing to work for him.
How can I possible protect this Idea and whatever we are developing??
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