File Patents Early and Often - Myth 3
Update: 2019-10-22
Description
Voting in Chicago? Yes, that should be "early and often." Patents? Not so much. Filing lots and lots of patents without the data to support the investment is not a good idea.
The best patents come later in the process.
As an investor, I will not finance the first patent for a startup because it represents the highest risk. I am comfortable to wait until we have more customer input, more product development, and more knowledge of the market.
You are much better off waiting to get a patent, than spend your money when 95% of the patents are worthless.
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