Generally speaking, venture capital firms won’t sign non-disclosure agreements – and that’s usually not a problem. When they do reveal secrets, word gets out. That doesn’t mean you should go in unprotected, says attorney Martin Nichols in this Entrepreneur Thought Leader Lecture, given at Stanford University. Tools like provisional patents can help, but if at all possible, a firm patent is your best defense. It’s also wise to give VCs a peek at what you’re doing, but not necessarily a full, extensive look.
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