Crowdfunding introduces a nuanced challenge for tech startups in the form of protecting intellectual property (IP). When startups share their ideas broadly to attract backers, they risk exposing their innovations to potential copycats or competitors. This exposure demands a delicate balance between promoting the project to gain support and protecting the core IP that makes the innovation valuable. Navigating this landscape requires careful planning and may involve early patent filings or provisional patents to safeguard ideas while still leveraging the crowdfunding model for growth and validation.
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