Why might some founders neglect IP protections?

This could be the result of a lack of awareness of the risks of not establishing protections.

Patents, for instance, are not cheap to register, and not everything is patentable. Some founders don't consider the intangibles of what they are building. It's crucial to ensure differentiation of what your product or service does, how it functions, and how it's presented. Those differentiators can make or break your business and must be protected.