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What about IP agreements? After reading "Venture Deals" you get the idea that if you to talk about your project and bounce ideas off of them during the development phase they could have implicit "rights" to IP. What do you have to have everyone you talk to about developments sign an IP agreement?



That's honestly something he haven't considered. We generally tend to believe that ideas aren't worth much on their own, so we're happy to talk about our company/experience with anyone.

At our size, the downsides to protecting most of our ideas are outweighed by the value we get from practicing our pitch.




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