Hey everyone, I’m here looking for some advice on what to do next. So, here’s a bit of background: I’m not a tech person but I’ve been working on this idea for a while. Since I don’t have the tech skills or enough money to fully hire an agency, I’ve been trying to find a tech co-founder, but everyone in my circle is more into finance and marketing.

Recently, I found a company that helps you polish your pitch and raise funds. As a uni student, I didn’t have much but I put my 10k into their program because it looked solid with great testimonials and they seemed picky about who they took on. I didn’t find any red flags, so I went for it and shared all my research, ideas, validation, UI/UX, product info, and so on. But then, I discovered they’ve launched a very same startup under a different name. They seemed really into my ideas after a thorough review. Now I’m wondering, is this just a coincidence or a breach of confidentiality? What should I do about this situation with the firm? Also, as a non-technical founder who’s now 10k down, what are my next steps?

  • Icy_Economist_2363@alien.topB
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    1 year ago

    Bro, You Went Down The Wrong Line. You Should Have Used A Mentor That You Can Trust ,. I Mean Always Look Up To A Person who is Well Established And Financially Stable By That I do not mean He Will Not Copy Your Idea But Chances Of Being Robbed Are Always Less. For Your Pitch And Co-Founder Finding You Should Have Used LinkedIn And Y-Combinator Co-Founder Matching but Now What Is Done Is Done . Now, You Have These Options :

    1. You Should Talk To Them And Should Tell Them That It Was Me That Brought This To Your Table And Ask Them To Either Back Off From This Or You Should Demand Your Equity Because The Fundamental Work Was Done By You.
    2. Secondly , You Can Sue Them . Simple Enough
    3. Just Windup Your Things Get Yourself A Really Good Outsourcing Companion Look For Loop Holes In Your Model And Build Better Than Before And Fast . It Is Not About Who Did It First Its About Who Did It Better.