Many startup founders assume they need an issued patent before approaching investors, while others rush into fundraising conversations without taking any steps to protect their invention. The reality lies somewhere in between. Although most investors do not expect an early-stage company to have an issued patent, they do expect founders to understand the value of their intellectual property and have a strategy for protecting it. For many startups, intellectual property is one of the company’s most valuable assets and often plays a significant role in determining valuation, competitive advantage, and long-term growth potential. The challenge is that discussing an invention with investors frequently requires revealing information…











