Obviously anyone who wants to raise money from investors needs to pitch, etc. But isn't this quite risky? My understanding is that most investors will not just want a simple business idea, they want pretty much a complete business plan with market research, marketing plan, etc. etc. etc. How do you protect yourself from your idea and business plan being stolen and implemented by the people you are pitching to?
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If you are following TechCrunch you will be aware of that a company they worked together with for developing a new product has just stolen their product. TechCrunch claim that it is the investor behind this other company that is behind this so this proves that there is probably some risk involved. |
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A good video lesson about how to pitch to VCs with a Power Point: http://www.univermag.com/Blogs/post.php?dpt=Blogs&post_id=63 |
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