Hawley Legal Resources, LLC
  • Home
  • Free EBook
  • Our Services
    • About The Cost of a Patent
    • What is Intellectual Property?
    • Client's Rights and Responsibilities
  • About Attorney Bertram
  • Protecting Your Assets ~ Blog
  • Contact Us

Angel Investors can be a lifesaver

2/8/2012

1 Comment

 
Imagine pitching a great idea to a person you are sharing an elevator with.  Now imagine them offering to fund your prototype in exchange for a share of the profits.

You might be thinking this would solve all your funding problems!  You might be right. 

It's not crazy -- some high-net-worth individuals really do want to help your ideas succeed.  Maybe they aren't "idea people" but they care about improving technology in a certain field.  Maybe they are experienced developers who want to share expertise and funds without a cumbersome employment agreement and its obligations.  Maybe they simply think the best way to make the most money on a new idea is to get in on the ground floor. 

These are "angel investors," and it could happen to you.  INC. Magazine has a handy guide to start your search to see if bringing in angel seed money is right for you, and where to find it.  Contrast that with this recent Wall Street Journal article outlining changes in some states' tax incentives for angel investments. 

While you are pitching, consider legal advice to ensure that you are protecting your confidential information in an intelligent and serious way.  Once you have found someone willing to invest, structuring the arrangement definitely requires the assistance of legal counsel.

You didn't think it was going to be easy, did you?
1 Comment
Connecticut Retaining Walls link
11/3/2022 12:13:25 am

Great blog thanks for posting

Reply



Leave a Reply.

    Hawley Legal Resources, LLC

    Contemporary and interesting issues affecting small business.

    Archives

    February 2019
    September 2018
    October 2017
    May 2014
    July 2013
    June 2013
    January 2013
    December 2012
    November 2012
    May 2012
    April 2012
    March 2012
    February 2012
    January 2012
    December 2011
    November 2011

    Categories

    All
    Copyright
    Defamation
    Entrepreneurship
    Fashion
    Infringement
    Kirkbride
    Licensing
    Patents
    Politics
    Start Ups
    Start-ups
    Trademarks
    Work-made-for-hire

    RSS Feed

Powered by Create your own unique website with customizable templates.