Startup Professionals Musings

DECEMBER 29, 2017

As an advisor to entrepreneurs, I often have to deal with people who are convinced that they must get me to sign a non-disclosure agreement (NDA) before they begin talks about their new venture. Here are my guidelines for when a signed agreement is required, versus other alternatives: Insist on a two-way NDA for partner negotiations.

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Non-disclosure Agreement NDA Technical Review Due Diligence 153

Startup Professionals Musings

JANUARY 24, 2015

Here are the key considerations from my perspective: Dealing with known or trusted investors and advisors. If you are approaching a recognized venture capital group, or even an accredited angel investor, a non-disclosure agreement is counter-productive. CDA entrepreneur idea NDA non-disclosure startup'

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Non-disclosure Agreement Technical Review NDA Due Diligence 120

Startup Professionals Musings

JUNE 21, 2012

Entrepreneurs often get the advice from their lawyers and friends to always get a Non-Disclosure Agreements (NDA or CDA) signed before disclosing anything about their new venture. Most investors and startup advisors I know hate them, and refuse to sign them. If you are totally risk-averse, then push to always get signed NDAs.

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Non-disclosure Agreement NDA Non-Compete Due Diligence 244

Startup Professionals Musings

JULY 29, 2013

Entrepreneurs often get the advice from their lawyers and friends to always get a Non-Disclosure Agreements (NDA or CDA) signed before disclosing anything about their new venture. Most investors and startup advisors I know hate them, and refuse to sign them. If you are totally risk-averse, then push to always get signed NDAs.

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NDA Non-disclosure Agreement Demand Non-Compete 230

Startup Professionals Musings

MARCH 24, 2011

Entrepreneurs often get the advice from their lawyers and friends to always get a Non-Disclosure Agreements (NDA or CDA) signed before disclosing anything about their new venture. Most investors and startup advisors I know hate them, and refuse to sign them. If you are totally risk-averse, then push to always get signed NDAs.

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NDA Non-disclosure Agreement Non-Compete Due Diligence 227

Up and Running

APRIL 23, 2012

Investors also have a magic number in their head, and if you’re pitching your number up front many investors won’t even bother with you. You must sign an NDA, too many of my ideas have been stolen”. Also, consider what it’s like to be an investor. Most investors are NOT backed by LP’s or institutional money.

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Non-disclosure Agreement Technical Review NDA Due Diligence 98

Gust

MAY 21, 2014

3) A Term Sheet is *prospective*, setting forth the future structure under which a potential investor *would* invest. Invested Interests angel investor attorney companies entrepreneur investors provision summary startup' That’s why 90%+ of funded US startups are C corporations.

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Limited Liability Company Term Sheet NDA Due Diligence 150