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Someone Stole My Startup Idea – Part 2: They Raised Money With My.

Steve Blank

We consciously didn’t ask potential customers to sign a Non-Disclosure Agreement (NDA). And we figured that unless litigation was going to be our business strategy, NDA’s would have inhibited the back-and-forth that made us smarter. (Welcome to the Internet bubble.) That’s not found in a set of slides.

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The cult of the NDA

www.frozennorth.org

Every one of these companies believed they had a unique idea, either a piece of technology, a business model, or a way of building a product. Non-disclosure agreements (NDAs) were the order of the day. Good venture capitalists understand this, and many will refuse to sign an NDA before looking at a business plan.

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How To Find A Technical Cofounder For Your Online Business Idea

www.virtuosimedia.com

Gather your market research, your business plan, and your prototype and make your presentation to potential CTOs. If you require a non-disclosure agreement for me to simply even hear your idea, I’m going to walk away unless you’re a Steve Jobs or Bill Gates type of figure. Rework it as necessary.

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Going to Raise VC? Here’s a Primer on Process, People, Deck

Both Sides of the Table

Will a VC sign an NDA (non-disclosure agreement)? NDAs would make it impossible to do business. Give everybody pages of the deck they’re to cover or parts of the demo for which they are to talk. This isn’t weakness – it’s leadership. What is a VC looking for?