(08-19-2017, 06:58 AM)dclements Wrote: BTW, if I happen to submit an idea for an invention and I need people to support or up vote it in order for it to get to the next level, can I count on anyone here to support me by possibly creating an account on such a site and vote for it if they think it is a good idea? Just asking..
If you haven't applied for a patent, you might not want to be telling or showing ANYONE what it is unless you know who they are AND they have signed a nondisclosure agreement (NDA.)
A website like that would be a prime draw for folks who love to steal inventions. There are people who would sign an NDA and then blab anyway. Even if they give a hint or tell someone what it isn't, that person might be able to figure it out by process of elimination.
If you've already put it online, remove it immediately, like before you finish reading these suggestions
Putting your invention on the internet would be the fastest way to get your invention stolen. The way the law is now, whoever applies first has the rights. Period.
I wasn't going to say anything about the suggestion to mail you invention or the schematics to yourself, but that tactic provides no protection whatsoever. That's because the law has changed. It doesn't matter if you invented it ten years before the other guy. Whoever applies first, gets the patent.
So the way to proceed is to gain the interest of potential investors by saying you've got something you think they would be interested in and they could make a lot of money on their investment. Pose it as a question. Maybe something like this: "Would you be interested in an invention that has a lot of commercial potential?" That way you get a small commitment. It can feel defeating to put it out as a statement and then not get a yes. The inclination is to push harder, but the other person hasn't given permission, so they can feel defensive about their money which their first inclination is to protect it. They might not be in the mood to discuss whatever you have, or maybe their money is tied up in losing ventures and they don't want you to know that. It could be anything. You want to get that micro commitment. If you get a yes, ask
them if you could show it to them and bring the NDA with you. BTW, anyone who is serious about possibly investing should have no problem signing a nondisclosure agreement. Examples of them are online. Find the one that best works for you.
One more thing. Those who are called "Angel" investors are willing to provide smaller amounts of investment. These could be relatives or long time friends, for example. There are also professional angels. Otherwise, investors just aren't interested unless there is at least $500,000 or more likely a million dollars needed. That's because the 'headaches' from a small investment are about the same as a large one. Besides, most inventions need a good amount of money to get going. For bigger projects the million dollar investment could be an angel investment with the understanding that an additional $5 or $10 million is needed from additional sources. Sometimes the professional angel is willing to risk the smaller initial investment until he sees how the venture is going. If business hits its 'marks,' he is ready to plop down more dough.
Hope this helps. Did I mention not to put your unprotected inventions online?