StartUp Founders: Should I File A Patent?

So many entrepreneurs waste a ton of money filing patents for all the wrong reasons. Filing a patent for a majority of businesses and a majority of angel investors and VCs is not going to impact your funding, period. Will have no impact on it. So if you think that by filing your patent you're going to be able to showcase credibility, the patent office approved or whatever that means, it's not true. However, you should file your patent. And the reason you should file it is kind of threefold. Number one, it's cheap to file the provisional, just to get the application in. And you should do it before you come to market, before you deliver, before you go out there, before you make your solution known. The earlier you file it, the better because it's cheap. The second reason is because it takes three, five years to get a patent and 100 plus thousand dollars down the line. So the earlier you start, the better. And the third is it's the long game down the line. You may probably need it. Patent trolls, competing companies that are trying to prevent you from competing in the market by series B, series C, suddenly it does become something that's important. So you're not looking to file a patent today because you think it's going to impact your fundraising, because it won't. You're looking to do it today because the earlier you start, the better. It's cheap and it's part of your long game strategy. Good luck.