search: results update below


browse funds: selections are stored



recently rated:

Rated by 13
3.0
 

top rated funds:

Rated by 13
3.4

Rated by 16
3.4

Rated by 60
3.4

Rated by 17
3.4

Rated by 18
3.3

Rated by 39
3.3
 

Rated by 15
3.3

Rated by 10
3.3
 

Rated by 10
3.3

Rated by 38
3.3

Rated by 38
3.3

Rated by 23
3.3

Rated by 37
3.3

Rated by 48
3.3

Rated by 39
3.3

Rated by 34
3.3

Rated by 14
3.3

Rated by 47
3.2
 

Rated by 27
3.2
 

Rated by 10
3.2
 

Rated by 31
3.2

Rated by 33
3.2

Rated by 10
3.2
 

Rated by 14
3.1

Rated by 29
3.1

Rated by 42
3.1

Rated by 26
3.1
 

Rated by 14
3.1

Rated by 20
3.1

Rated by 37
3.1

Please take a moment and make a financial contribution to TheFunded. If we have helped you, help us with resources to further grow the both the site and our entrepreneur training program, The Founder Institute.

Member Post

TheFunded.com is an online community of over 18,000 CEOs, Founders and entrepreneurs to discuss fundraising, rate and review investors, and discuss strategies to grow a start-up business. Enjoy!

Sign-up for Membership

2
Agree
1
Disagree

Dead Heat

TheFunded.com Advice

Posted by msjane on 2008-05-13

Tags: Negotiation Disclosure

PUBLIC:

Many posts have brought up the risk involved in disclosure of ideas to possible investors. It's implied in most of these posts that the writer feels they have a property of some kind that is unique and vulnerable to duplication if news of its existence gets out.

A tempering argument against uniqueness is at
http://www.newyorker.com/reporting/20...

Mal Gladwell cites a sobering argument against eponymy, i.e., naming scientific advances after one person. It seems as if great ideas, are in fact, 10 cents for twelve.

Even though Gladwell argues that his -- and others'-- analysis won't hold up in the realm of "art" I can say that in personal experience, commonality still turns up.

Some time ago, a hotshot literary agent discovered my "notes" on an otherwise OK screenplay had enabled them to close a million dollar "spec" sale. He thought I was Rumplestiltskin and started shoveling (1500+) circulating scripts at me.

Alas, only 10 were worth any work at all. One writer alone was willing to go back and do some more work. What did turn up though, were clusters of themes. Cupid makes Venus a bet about making two unlikely mortals fall in love. A homeless person becomes wealthy. Etc. There were several groups. None of the writers knew each other.

So, protecting one's property is critical -- up to a point. Odds are, others are at work on something very, very similar.
Greed minus fear = deal.
Be prudent but get funded.

PRIVATE: Members Only