No Person Committee Documenting the lies and falsehoods of the YouTube co-founders

29Sep/030

One of the last times I try to get the money and start YouTube myself.

ISC Affirmative Disclosure Statement - one of the forms they give you to sign before you hand over $1200. They also keep notes, but the notes are not shared and are destroyed after 3 years to "protect the idea" - a policy which I have explained to them has the exact opposite effect.

So I show up at the ISC office in Monroeville, PA (though ISC now "InventHelp" is based in downtown Pittsburgh), with the billion-dollar idea YouTube.  They explain to me, after I'm done disclosing it, that it doesn't seem worth a patent since there is no patentable stuff.  They recommend I trademark it, but they won't provide any funding.

I went to a lot of places in hopes someone could give me some cold, hard cash to start the company: my friends, family, and about a dozen "company incubators" - VC or Angel funders, who are supposedly there to help you start a business, but they're real picky about who they help and how.

The ISC has this policy: after 3 years, they'll destroy any record of your discussion to "protect the idea" - I pointed out (at the time, and also a few months ago when I tried to get the information from them - but the guy who helped me that day is now retired and they won't contact him) - this doesn't actually protect the idea, or the inventor.  So why do it?  Had they kept a record, this would have protected the idea.  Had they provided me with copies of their notes, this would have protected me. They do this, most likely, just to protect themselves.

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