I have been thinking about going to Google ventures with one of my ideas ever since I saw the blog post on TechCrunch talking about the new venture capital program that Google has launched. I think it’s a good idea, and the fact that we may be able to get some google geeks to work with us in the development of this one idea, well it would be perfect.
I am nervous about approaching anyone with this tech idea though. It costs money to patent and copyright, and even then we are not guaranteed to have protection for our idea or inventions. I would like to think that Google of all people can be trusted, but who is to say that someone there doesn’t forward the info to someone else who runs off with it. I just don’t know.
It’s the one question I did not get answered when I was at the last barcamp seminar about angel investors, how do we protect our idea from theft when we pitch it? Of course I am sure that a big part of that equation is knowing who you are pitching it to, and at least Google ventures lists the people who are most involved in it, so we can do some research.
Unfortunately there is nothing in the FAQ page about protecting an idea or how the process works. I guess they assume most people looking for seed money or venture capitol know all this by the time they seek it. Should I run to the library first and read some books on the venture capitol process? What if my idea really needs to get to market ASAP, before someone else tries to launch something similar? I can’t afford to pay the money for patents and patent attorneys and do all that waiting. I’m nervous, but really considering just doing – just writing them to see.