Startups: Signing NDA’s and Protecting Your Idea

By on August 22nd, 2010 3 Comments

Signing NDA’s is impossible for Pollenizer given that we see about 20 new businesses a month.

We certainly keep all information confidential and never, directly chase a new idea brought to us from someone. Pollenizer’s integrity is and must be on public show and our reputation depends on living it.

Openly though, it’s rare that any idea in the web business space is unique as they all tend to share and build on each other.

I’d also say that it’s impossible to pursue a business without sharing it.We’ve found that it’s speed of learning, not protection of ideas that wins. You’re idea will evolve, revolve, devolve and evolve again before it even gets close to being something someone wants to steal.

For these reasons, it is rarely ever worth paying money to protect your idea. Doing so takes precious money and even more precious time and 99 times out of 100 it is going to be wrong by the time it’s in place. Spend the money learning and getting the business working first.

Doing a trademark search can be a good idea, to see if anyone else owns the brand you’re about to build (slowly over years).

Related posts:

  1. Pollenizer’s Idea of a Good Idea
  2. Startups: Don’t waste seconds or cents
  3. Pollenizer Seeks Serious Co-Founder with Big Idea
  4. Pollenizer: Investing in 10 Web Startups This Year
  5. What high technology startups can learn from the Wizard of Oz

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3 Responses to “Startups: Signing NDA’s and Protecting Your Idea”

  1. [...] post: Startups: Signing NDA's and Protecting Your Idea | Pollenizer … Tags: all-information, certainly-keep, nda, new-businesses, pollenizer Leave a Reply Click [...]

  2. [...] This post was mentioned on Twitter by rossdawson, Mick Liubinskas and Jason Neave, Jeff Pundyk. Jeff Pundyk said: RT @rossdawson: RT @liubinskas: * "Great reasons why you should not be in Stealth-mode; " http://bit.ly/hnYpxB yup! [...]

  3. Frances in Perth says:

    Hi there! Is this where I post business ideas?

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