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Absolutely resist the urge to dazzle them with your technical prowess. THEY WILL STEAL YOUR SHIT. I will not point fingers at any specific companies since I h
by orasis 12y ago
Absolutely resist the urge to dazzle them with your technical prowess. THEY WILL STEAL YOUR SHIT.
I will not point fingers at any specific companies since I have no interest in being sued, but I have had technologies stolen by 5 different public technology companies.
In my case, I even had patents filed. It won't save you because they'll take the customers in the mean time while you're waiting the years for your patent to be granted. If you've raised capital, your company will have long crashed and burned and the investors will have sold the patents for pennies.
Another set of worthless people to avoid are the folks from the "Labs" at any major technology company. They are in no position to make a major purchase and in the best case scenario will waste a ton of your time.
If they say that they're potentially interested in acquiring and want to do due diligence, DO NOT LET THEM SEE UNDER THE KIMONO. They can back out of a deal at any moment, and if nothing else, even if they are interested in acquisition, they'll use their knowledge as leverage to force you into worse price/terms.
- WhitneyLand 12y ago>I have had technologies stolen by 5 different public technology companies No second thoughts after the 4th time?
- orasis 12y agoMost of it happened within a 6 month window when we were getting serious traction and stealing big customers.