Who would you approach if you had a VERY good idea?

**BradM** · 06-22-2007, 02:08 PM

I'd tell an envelope sealed in a safe deposit box + a US patent. Then I'd tell a bank. If that didn't work I'd tell angel investor group(s).

**KimJI** · 06-22-2007, 02:14 PM

yeah - banks here don't like to invest in things that are virtual unless you have a lot of hardware for security. I have thought of the Business-Angel networks myself

**MarkRotolo** · 06-22-2007, 02:15 PM

The ability to execute is worth a lot more than the best of ideas.

**After Shock Media** · 06-22-2007, 02:17 PM

I would start with the patent office.
Then just license the idea to whomever develops it, seems to work for Acacia and others.

**KimJI** · 06-22-2007, 02:19 PM

Originally posted by MarkRotolo

The ability to execute is worth a lot more than the best of ideas.

That is why I know I cant do it myself.

**KimJI** · 06-22-2007, 02:20 PM

Question: Is it possible for a Non-US citizen to get a patent in the US without creating a company with a US presence?

**MarkRotolo** · 06-22-2007, 02:20 PM

Originally posted by KimJI

That is why I know I cant do it myself.

The point was that if the only think you bring to the table is an idea you're pretty useless to a business and therefore there's nothing you can do with a good idea but give it away.

**Voodoo** · 06-22-2007, 02:21 PM

Send the idea to me, if it works, I'll cut you in for a %.

**seeric** · 06-22-2007, 02:21 PM

patent and trademark first, show some sort of prior usage and art and such, then hit a bank, i surely wouldnt talk to people in the adult web about an idea.

**seeric** · 06-22-2007, 02:21 PM

except voodoo, i would trust him

**MarkRotolo** · 06-22-2007, 02:22 PM

You talk as if getting a patent is free and easy. It costs a ton of money and if you don't do it right it's worthless (it's often worthless anyway).

**After Shock Media** · 06-22-2007, 02:22 PM

Originally posted by MarkRotolo

The point was that if the only think you bring to the table is an idea you're pretty useless to a business and therefore there's nothing you can do with a good idea but give it away.

According to the US patent office you can patent in idea right now.

**Donkey Punch** · 06-22-2007, 02:23 PM

i;d leave my idea in the form of anonymous post to www.ytcracker.com

**After Shock Media** · 06-22-2007, 02:24 PM

Originally posted by MarkRotolo

You talk as if getting a patent is free and easy. It costs a ton of money and if you don't do it right it's worthless (it's often worthless anyway).

A patent is not expensive at all.
Doing it right is just a matter of filling in the paper work properly, or yes you could spend the cash and have someone else do it for you.

It is about just as hard as getting incorporated.

**KimJI** · 06-22-2007, 02:27 PM

Originally posted by After Shock Media

A patent is not expensive at all.
Doing it right is just a matter of filling in the paper work properly, or yes you could spend the cash and have someone else do it for you.

It is about just as hard as getting incorporated.

if its as hard as getting incorporated, I can do it today :-D

**MarkRotolo** · 06-22-2007, 02:30 PM

Originally posted by After Shock Media

A patent is not expensive at all.
Doing it right is just a matter of filling in the paper work properly, or yes you could spend the cash and have someone else do it for you.

It is about just as hard as getting incorporated.

You obviously don't know much about litigation. Getting a patent registered isn't hard (though it does take several years). But having a patent portfolio that will actually provide you with legal protection against competition is a whole different ballgame.

**KimJI** · 06-22-2007, 02:31 PM

Originally posted by Voodoo

Send the idea to me, if it works, I'll cut you in for a %.

are you serious?

**tranza** · 06-22-2007, 02:48 PM

Please fuck off.

**tehHinjew** · 06-22-2007, 02:49 PM

the guys who took care of facebook

**Barefootsies** · 06-22-2007, 02:50 PM

Originally posted by After Shock Media

I would start with the patent office.
Then just license the idea to whomever develops it, seems to work for Acacia and others.

**After Shock Media** · 06-22-2007, 02:50 PM

Originally posted by MarkRotolo

You obviously don't know much about litigation. Getting a patent registered isn't hard (though it does take several years). But having a patent portfolio that will actually provide you with legal protection against competition is a whole different ballgame.

I never said litigation and protection isnt cheap.
He asked for a start. That is a start, then you seek angel investors.

**KimJI** · 06-22-2007, 02:52 PM

Originally posted by tranza

Please fuck off.

What the hell is your problem?

**suesheboy** · 06-22-2007, 03:40 PM

Originally posted by MarkRotolo

The ability to execute is worth a lot more than the best of ideas.

Well said

**pornask** · 06-22-2007, 03:55 PM

Originally posted by MarkRotolo

The ability to execute is worth a lot more than the best of ideas.

The ability to execute is the simplest of things when there's sufficient funds.

**suesheboy** · 06-22-2007, 03:56 PM

Originally posted by pornask

The ability to execute is the simplest of things when there's sufficient funds.

Bullshit. It also take knowhow

**Rochard** · 06-22-2007, 04:03 PM

I would bring it to Steve Lightspeed. He's one of the smartest peeps in the industry and one of the few I would trust with such an idea.

**pornask** · 06-22-2007, 04:10 PM

Originally posted by suesheboy

Bullshit. It also take knowhow

...and we're down to the very same thing - one cannot know everything, but you can hire people to supplement where you're lacking. Once again - the ability to execute is the simplest of things when there's sufficient funds. You can have the best know how in the world, but if you have no funds to let the world know about it, you will take your knowhow with you to the grave. It's as simple as that - the ability to execute is the simplest of things when there's sufficient funds.

Who would you approach if you had a VERY good idea?

Who would you approach if you had a VERY good idea?

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