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.
Startup Professionals Musings
JANUARY 24, 2015
Most entrepreneurs I meet are reluctant to disclose anything about their idea to investors before getting a signed confidential disclosure agreement (CDA). Professional investors and advisors, on the other hand, usually refuse to sign these agreements today due to the risk of litigation and administrative workload, and will walk away.
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David Teten
MAY 7, 2019
The CEO is ideally a successful serial entrepreneur who has taken a startup all the way to an exit. I do not require an NDA, assuming you have relevant qualifications. If you’re still interested, we meet; get to know one another; do mutual due diligence. Here’s How to Do Your Due Diligence First.
David Teten
JULY 10, 2019
The CEO is ideally a successful serial entrepreneur who has taken a startup all the way to an exit. I do not require an NDA. If you’re still interested, we meet; get to know one another; do mutual due diligence. If you’re still interested, we meet; get to know one another; do mutual due diligence.
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. If you are totally risk-averse, then push to always get signed NDAs. If you are totally risk-averse, then push to always get signed NDAs.
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. If you are totally risk-averse, then push to always get signed NDAs. If you are totally risk-averse, then push to always get signed NDAs.
Steve Blank
DECEMBER 7, 2009
During the due-diligence process, I sat down with one of the partners who pulled out a set of slides and asked me: ”Have you seen these?” We consciously didn’t ask potential customers to sign a Non-Disclosure Agreement (NDA). As a young entrepreneur in his first startup, this post hits our current situation spot on.
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