What If Angel Investors Steal My Startup Idea?

As is the case with most startups, there is a pertinent fear when it comes to disclosing business ideas to angel investors. Vineet Khurana, Vice President at Chandigarh Angels Network, addresses the concerns of entrepreneurs and provides reliable solutions. Having been on both ends, he gives an objective view on what can be done.

Although it may seem daunting, startups must be willing to share details of their product with a potential investor. This is because they will benefit the most if they get their required funding. Investors do not have the time or patience to steal ideas and make them work. Entrepreneurs must show some faith when they reach out to investors and in case they are not able to build that trust upfront, a good strategy is to give information they require in a phased manner.

As a new startup, you do not want to miss the opportunity to grow your firm and your mentors can help you reach the very pinnacle.