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eric hughes
12,345 PointsBest advice for a startup??? should I focus on an NDA and build my team or only on patents and a prototype?
I have an amazing idea but I am afraid to share it with people that I do not trust, this idea is so good it might make people quit their jobs and hire a more experienced developer and engineers to build it. I just finished my NDA that my teacher let me borrow as a template from a company that interns use and my teachers told me to keep the NDA and have it signed with anyone I try and bring on board so that even if it does get stolen I still get a piece. Is that wrong? should I focus more on patent filling even though its minimum 5-8k for a patent agent in Canada. Should I just focus on copywrighting the code from a first stage prototype in android studio ? if anybody has expeirience with startups I do not want to go down the road of facebook, I am not saying I have invented the next faceobok but I have done some equity calculations long term based on customers and revenue and ths idea is fucking smart.
thank you so much I am really trying to execute properly eric
2 Answers
Sean Schlimgen
7,100 PointsThis is just my opinion so take it with a grain of salt but....I would say focus on Patents and prototype. NDA's are almost always BS, and they come off as pretentious. If you want to recruit or hire true talent, you need to trust them a little, you can cover your legal assets and intellectual property with the patents, and better methods than the blanket NDA.
The notion that you have such an AMAZING idea, that you can't tell anyone because they will steal it, ect is a little off-putting to say the least. No one else is going to have the drive and passion you do, even if it was the most amazing idea if it could be stolen away that easily you should probably keep at it...
NDA's might be great in concept, but in reality it turns off all the right people. Hire professionals, with integrity, maybe spend more time vetting them or background checking, but don't expect that piece of paper to really cover your ass and make strong worthwhile relations...
eric hughes
12,345 Pointsokay thanks, ill start trying to build a prototype on my own and work on raising funds for patents