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I'm building a new business. I'm afraid to be copied. Should I patent it?

1 pointsby DYZTalmost 9 years ago
I&#x27;ve built a new product. I showed it to a couple of target groups (who are part of my target audience). All the people&#x27;s response was: I like it and would be willing to pay money for it.<p>I tried contacting a company offering a related service, offering them a cooperation. I suggested a simplified version of what I showcased my focus group. The company said &quot;thank you for the suggestion, we&#x27;ll implement it ourselves&quot;.<p>After receiving this response I thought of patenting my idea. I contacted a patent&#x27;s lawyer who said that since I already launched a basic version it means that there&#x27;s no novelty behind the idea any more. He said that I should remove the website and wait with gaining users until I receive the patent. This seems very counter to the common practise of startup companies these days.<p>What would you suggest?

2 comments

gradschoolalmost 9 years ago
IANAL, but isn&#x27;t it too late to patent an idea after you&#x27;ve disclosed it? If your lawyer said something like that already, then why is he still talking about patenting it? Also, if the idea is simple enough to explain to a competitor in a phone call well enough for them to implement it, then maybe it&#x27;s too obvious to be patentable. Maybe someone can correct me if I&#x27;m wrong about this, but I thought patents were very expensive to acquire and even more expensive to defend, making them suitable only for big players who use them mainly to forge anti-competitive non-aggression pacts among themselves while keeping everyone else out of the market (as in the mobile phone space, for example). Your role as a small startup is to be smarter and more agile than they are (if you can) rather than trying to beat them at their own game.
smt88almost 9 years ago
&gt; <i>&quot;thank you for the suggestion, we&#x27;ll implement it ourselves&quot;</i><p>No matter what you do, this will happen. It&#x27;s too early to worry about competition. Focus on getting your customers and building your business. If you provide better value, that other company won&#x27;t matter.