article thumbnail

Key Contracts Every Business Must Use

YoungUpstarts

by Tej Prakash, co-founder of ShouldiSign.com. Whether a business is contemplating entering into a partnership, hiring a service provider or in the process of selling itself, a non-disclosure agreement should be utilized when information is shared with third parties. how the parties can exit the relationship).

article thumbnail

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

Steve Blank

Disbelief, Anger, Resignation and Acceptance My cofounders and I went through the stages of disbelief, anger, resignation and acceptance. We consciously didn’t ask potential customers to sign a Non-Disclosure Agreement (NDA). making use of non disclosure agreement is both expensive and counter productive.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

To NDA or not to NDA?

Growthink Blog

This blog post was written by Mary Juetten, founder of Traklight.com, a site that provides inventors, creators, and small businesses with integrated software tools to identify and protect intellectual property. Perhaps you are hiring a company for custom work, or are talking to potential co-founders, angel investors, or venture capitalists.

NDA 124
article thumbnail

Do It Right The First Time, Part II: Visit the Doctor or House Call?

Gust

Likewise, founders can benefit from understanding basic characteristics of the overall legal structure, formation and governance documents, rights and responsibilities of team members, etc. Determine who will serve on the Board of Directors and in executive officer positions (usually founders). Advisory board agreements.