Protect your business ideas when contacting VC's
In this article from SouthCoastToday.com, Louise Witt of Fortune Small business explains:
"Enticing venture capitalists to invest in your idea requires striking a delicate balance. You have to provide them enough information about your business plans to pique their interest, yet, at the same time, you have to protect your idea.
After all, safeguarding your idea is critical -- and protecting it properly can make it more valuable both to you and to your potential investors. Venture capitalists will be reluctant to invest millions in a startup if a rival could simply start a copycat business."
