Using crowdfunding sites could destroy your nascent business idea
A recent article by Shireen Smith on the subject of crowdfunding, was published by the Guardian in June, and explains why it is particularly crucial for early stage businesses to protect their intellectual property before pitching through crowdfunding platforms. While crowdfunding is an increasingly popular source of capital, entrepreneurs should be aware that pitching publically in this way can lead to copycats, and also brings with it a risk of others finding out if you are infringing their IP rights.
Crowdfunding isn’t right for every business, but if it’s an avenue you are considering, it would be prudent to invest in specialist intellectual property advice before you pitch. Find out more by reading the full article here: Using crowdfunding sites could destroy your nascent business idea.