Use case
Protect your business plan before sharing it
Timestamp before you share. A business plan circulates among investors, partners, and potential competitors. Sometimes they are the same people.
The situation
One scenario, two outcomes
The same moment, depending on whether the work was timestamped or not.
The trigger
You send your plan to eighteen funds in three weeks. Two ask for an NDA (non-disclosure agreement), and the other sixteen do not. That is standard practice at the seed stage (the first funding round).
Without proof
Eight months later, one of them funds a company with a strikingly similar positioning, down to the pricing model. The date and content of the plan become hard to establish. The conversation ends there.
With a certificate
The plan and its successive versions were timestamped before the first email. You can prove the date and the exact content of the plan, both prior to the exchange. The certificate gives you a basis for negotiation, whose outcome depends on the case.
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Automatically generated text, for illustration only, based on the sentence you entered. It describes an evidentiary position (what you could prove, and how). For an analysis suited to your situation, ask a legal professional for advice.
The need
Wide distribution, prior existence of the concept, discussions that fail.
The company's most widely shared document
A plan goes out to dozens of people, often without an NDA at the early stage. Timestamping it before the first email fixes the content and the date: what you wrote, and when.
When the discussion goes nowhere
A fund declines, then funds a competitor with a similar positioning. A dated record from before the first exchange gives you a basis to continue the discussion.
Every version counts
The plan evolves from a statement of intent to the Series A. Timestamping each iteration preserves the trajectory of your thinking, often more convincing than the final document alone.
For an answer tailored to your case, talk to an expert: this page describes a typical situation, and yours has its own specifics.
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