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Looking for Private Investors and Venture Capitalists for my product

Jan 01, 2010 2:39 pm

re: re: re: Looking for Private Investors and Venture Capitalists for my product

John Snyder

When you are asking for someone to RISK their own money, they are entitled to know everything you know. If you are Paranoid about disclosing the details to the World then how do you ever expect to Market it? You say, I will do that when I am ready. I have news for you, if you are asking for an investor's money, they expect to get paid back quickly. An NDA only hampers that by tying the investor's hands. You may be blocking some marketing avenues. If I were that investor, I would walk away from this deal, no matter how good the idea was. Also as stated earlier, there are ways of protecting your rights to a product or service, you need to avail yourself of these methods. Once you are CONFIDENT, then it is time to talk to your "ANGEL", without the NDA.
John
Prof Wordsearch

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